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Advice for buying in a new development

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  • 19-01-2014 9:14pm
    #1
    Babyboy09
    Registered Users Posts: 36 ✭


    A new development is being launched in a location that before I could only dream about. It is close to family, work and schools. It is a small development of 14 houses and are aiming to have a BER rating of A.

    However, since I was burned by buying a stupid horrible apartment in an unfinished estate I swore to myself I would never ever buy in a new development again.

    What factors do I need to consider? My heart says rush to the bank and beg for the mortgage but I'm not sure what my head is saying.


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    #2
    johnnyskeleton
    Moderators, Entertainment Moderators, Politics Moderators Posts: 14,479 Mod ✭✭✭✭johnnyskeleton


    Babyboy09 wrote: »
    A new development is being launched in a location that before I could only dream about. It is close to family, work and schools. It is a small development of 14 houses and are aiming to have a BER rating of A.

    However, since I was burned by buying a stupid horrible apartment in an unfinished estate I swore to myself I would never ever buy in a new development again.

    What factors do I need to consider? My heart says rush to the bank and beg for the mortgage but I'm not sure what my head is saying.

    Who the developer is is probably the main one. If NAMA are finishing the estate, odds are they will see it all the way.

    Otherwise, the best rule is if in doubt, don't buy.


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    #3
    D3PO
    Registered Users Posts: 7,879 ✭✭✭D3PO


    an A BER rating. Haha I needed a good laugh


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