David Wilson Homes vs. Miller Homes

[TheGame7]

Hi,

The area continually being developed in our city has five main developers building: David Wilson, Bellway, Miller, Barratt and Persimmon.

Of the five, two of them offer the two storey, four bedroom houses within our price range.

David Wilson have their 'Nelson' at £265k.

Miller have 'Coniston' and 'Wells' at £246k.

DWH's last one is built ready to complete. They say they should be able to discount it to £250k which will put it in our budget and under the stamp duty bracket. Is this normal? Or is it the last one and the worst of the bunch so will be offered on the cheap?

Miller has one of each still available which should be ready for July.

Looking at the plans, Miller's houses seem to have slightly bigger rooms yet are the houses at advertised price are cheaper.

Why is this?

[Tony]

Looking at the plans, Miller's houses seem to have slightly bigger rooms yet are the houses at advertised price are cheaper. Why is this?

It is a good idea to compare the costs between the developers, but it would be wise to try and get an indication of the cost of a similar secondhand home - perhaps 1 to 5 years old.

See these articles about negative equity

DWH's last one is built ready to complete. They say they should be able to discount it to £250k which will put it in our budget and under the stamp duty bracket. Is this normal? Or is it the last one and the worst of the bunch so will be offered on the cheap?

These are called stock homes and if it is the last one it could have been rushed for a variety of reasons. You are likely to get good discounts in this situation.

I hope this helps

Tony