any views?

[rian]

Hi

This is just a general question
I am hoping to buy a new build.
However, virtually all the developments I've looked into in my area (which fall within my price range) have housing association properties coming up.
These are not partly owned properties, but are due to be rented from the council by tenants.From what I've learnt they will be two-three storied houses.

Does anyone have any views/experience of buying from such a development?
Did you find that when it came to selling that you were at a disadvantage?What about property growth prices?
Although I am buying a property to live in, I will probably need to move after about 3-4 years.

Any views on the matter would be welcomed

Cheers

[Tony]

Hi Rian,

In terms of snagging your are in luck as the property will be built according to a commercial contract negotiated between the developer and the housing association and this should cover snagging and a liability period. For this reason it is often the case that housing association houses are built to a much higher standard than the other properties on the development. Additionally, the housing association will professionally inspected the property.

Hope this helps,

Tony