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15th July 2008, 20:17
| #1 |
| Junior Member Join Date: Jul 2008
Posts: 2
 |  rights to sell a new buil before its built.
Hi, Does anyone know if homebuyers have the right to sell a new build home that you have paid deposits and signed missives for before the completion of the house. We are having problems with our builder New City Vision who have changed that many thing about our house that we have fell out of love with it and aren’t sure if we still want to go ahead with it. The company keep telling us that if we want we can pull out. We bought off plan and our house has currently gone up by £20,000. We are sure the builders would be happy to take our property back and re sell and make the profit themselves. Our plot is a very good plot and we don't think the builder or us would have any problems selling the property on.  We have see advertisements of drawing plans for homes that people have advertised privately before the house has been built. Any information would be much appreciated. |
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15th July 2008, 21:11
| #2 |
| Administrator Join Date: Oct 2005
Posts: 989
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It depends whether the contract is non-assignable or not. Many investors made a small fortune doing this while property prices were booming. Have a look at: Investors ignore risks over 'flipping' - selling off-plan homes - Times Online If they have changed "that many things" surely they are in breach of contract anyway!! Good luck Tony
__________________ Get the Snagging Guide for FREE. Snagging Photos. Visit the consumer forums - for more general consumer advice and information about your consumer rights. |
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15th July 2008, 21:32
| #3 |
| Junior Member Join Date: Jul 2008
Posts: 2
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Hi Tony, Thanks for the reply, we will have a look at that site. The problem is that with new builds the missives state that the builders can change just about anything they want and we have to go along with this, at least that is what the solicitors inform you. Cheers Leonard & Nicola |
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15th July 2008, 21:50
| #4 |
| Administrator Join Date: Oct 2005
Posts: 989
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The builder cannot remove his rights with a contract - it could easily be deemed an unfair contract: e.g. http://www.oft.gov.uk/advice_and_res...raders/1779/1/ Additionally, the contract/missives cannot remove the builders legal obligations. Tony
__________________ Get the Snagging Guide for FREE. Snagging Photos. Visit the consumer forums - for more general consumer advice and information about your consumer rights. |
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7th April 2009, 20:28
| #5 |
| Junior Member Join Date: Apr 2009
Posts: 11
| i don't think its legal to change plans
if you were sold a house off plan then it should be completed to plan or its a breach
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