May's deal is like buying a house off plan May's deal is like buying a house off plan
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  1. #1

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    Default May's deal is like buying a house off plan

    Except

    a) there isn't even an artist's impression of what the finished house will look like, let alone detailed drawings

    b) you have to pay about half the money while the house is under construction, and it's non refundable
    Brexit: the exit bill - Commons Library briefing - UK Parliament

    c) completion is set for 31 Dec 2020 although, prior to July 2020, this date can be extended if the developer agrees

    d) if the house isn't habitable by the completion date, you'll be stuck in limbo still having to pay for it
    Last edited by stonehenge; 5th December 2018 at 08:55.

  2. #2

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    Quote Originally Posted by stonehenge View Post

    b) you have to pay about half the money while the house is under construction, and it's non refundable
    Brexit: the exit bill - Commons Library briefing - UK Parliament
    Not quite. To continue your analogy, you’ve decided to leave your current house. The mortgage on the house you are leaving still needs to be paid off, regardless of whether you have a new house to move into or not.

  3. #3

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    You need access across your neighbours' property but you've just invited your elderly racist parents to live with you and they keep shouting abuse at these neighbours.
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    25 June 2018

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    e) You will need to ask the developers permission to make any alterations - in perpetuity, oh and you will obviously have no say over what they decide.

    You will get a nice blue owners handbook though.
    England's greatest sailor since Nelson lost the armada.

  5. #5

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    Quote Originally Posted by Uncle Albert View Post
    e) You will need to ask the developers permission to make any alterations - in perpetuity, oh and you will obviously have no say over what they decide.

    You will get a nice blue owners handbook though.
    Funnily enough, I live in a conservation area and need to ask the council's permission for any external changes, including the colour.


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  6. #6

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    You can't enter into any contracts with other builders until the house is finished. Until the house is finished, you're stuck with the original developer.

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    Quote Originally Posted by stonehenge View Post
    You can't enter into any contracts with other builders until the house is finished. Until the house is finished, you're stuck with the original developer.
    And it's leasehold.
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

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    So you can fook yourself and be under house arrest in your current rotten house. When you grow old you can retire in the Scarborough-resort room.

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    Scarborough's a dump:
    "Don't part with your illusions; when they are gone you may still exist, but you have ceased to live" Mark Twain

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    Quote Originally Posted by Cirrus View Post
    Scarborough's a dump:
    Scarborough votes to leave in EU referendum - The Scarborough News
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

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