Estate Agents In York

Sunday, June 23, 2019

Call for action to stop purchasers paying price for new-build delays

A family can face a bill of thousands when developers don’t complete on time

Liam Taylor exchanged on his off-plan home last August on the understanding it would be completed by April. On the day contracts were exchanged he was told the date had been pushed back to October. “Dates were vital for us because we were applying for schools for my daughter and had to be in residence by April for her to be accepted,” says Taylor, who paid £369,950 for a four-bedroom Persimmon home in Deal, Kent.

“My wife was due to give birth in May and we’d hoped to be settled in time. Moreover, we risked losing our mortgage offer because of the delay.”

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from Property | The Guardian http://bit.ly/2Y1xmkV
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