Following on from the thread about Wimpey homes, what are people's views on buying new builds as opposed to resale homes? Where I live and in my price bracket, the choice is between new build flats and 100 year old tenements. I'm currently in a tenement and think I would probably buy one again.
Although it means that we sometimes have problems caused by dodgy DIY done in days gone by or with outdated heating systems, it also means that our building is structurally sound and has extremely thick walls. Lots of people I know who bought new builds have found the rooms very small, the walls paper thin and the quality of the build not great. On the other hand, they do have parking spaces and balconies, which I don't.
I'm also not convinced that the new builds near me are going to hold their value in this plummeting market.
What do folk think?
Although it means that we sometimes have problems caused by dodgy DIY done in days gone by or with outdated heating systems, it also means that our building is structurally sound and has extremely thick walls. Lots of people I know who bought new builds have found the rooms very small, the walls paper thin and the quality of the build not great. On the other hand, they do have parking spaces and balconies, which I don't.
I'm also not convinced that the new builds near me are going to hold their value in this plummeting market.
What do folk think?