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Buying New Homes in a Falling Market. Which incentives to avoid.
All my links: https://linktr.ee/movinghomewithcharlie
In preparation for my Radio 4 Interview, I did a lot of research on the New Homes situation. The interview itself didn't allow enough time for me to say everything I had to say, but I didn't want all the preparation to go to waste so here it is.
Hear the Radio 4 interview (segment starts at 44m20s) https://www.bbc.co.uk/sounds/play/m001hfc1
Top 35 Housebuilder Profit Margins
https://www.housingtoday.co.uk/story.aspx?storyCode=5115234&preview=1&hash=DCD1D60A98A86CC7112B45D1E8463F7C
Get your mortgage in principle from my hand picked magic mortgage guys before you offer. Pop your basic details in here and I'll put you in touch.
https://mhwc.co.uk/mortgage
Times Article - Housebuilding
https://www.thetimes.co.uk/article/a0fab762-9903-11ed-b166-62bd6c86c09d
Barratt: Private reservations down from 0.79 (HY22) to 0.3 in December 22 - Down 78.6%
https://www.barrattdevelopments.co.uk/~/media/Files/B/Barratt-Developments/press-release/2023/barratt-developments-1h-fy23-trading-update-final.pdf
Persimmon: Private reservations of 0.83 for the year 2021, fell to 0.19 in Dec 2022 DOWN 77%
https://www.persimmonhomes.com/corporate/media/news/2023/trading-statement-110123/
Taylor Wimpey: 0.91 for full year 2021 fell to 0.68 for full 2022 - cancellation rate up 64% by Dec 2022.
https://www.taylorwimpey.co.uk/-/twdxmedia/files/head-office/corporate/reports-and-presentations/2023/tw---trading-statement-january-2023-final.pdf
Support the show
Follow me on X for daily updates: https://x.com/moving_charlie
🎥 Charlie's Golden rules videos for
Buyers: https://www.youtube.com/watch?v=h6T-uZ28a80
Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs
Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw
🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe
📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/
📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/
💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/
🧑⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/...
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By Charlie LamdinAll my links: https://linktr.ee/movinghomewithcharlie
In preparation for my Radio 4 Interview, I did a lot of research on the New Homes situation. The interview itself didn't allow enough time for me to say everything I had to say, but I didn't want all the preparation to go to waste so here it is.
Hear the Radio 4 interview (segment starts at 44m20s) https://www.bbc.co.uk/sounds/play/m001hfc1
Top 35 Housebuilder Profit Margins
https://www.housingtoday.co.uk/story.aspx?storyCode=5115234&preview=1&hash=DCD1D60A98A86CC7112B45D1E8463F7C
Get your mortgage in principle from my hand picked magic mortgage guys before you offer. Pop your basic details in here and I'll put you in touch.
https://mhwc.co.uk/mortgage
Times Article - Housebuilding
https://www.thetimes.co.uk/article/a0fab762-9903-11ed-b166-62bd6c86c09d
Barratt: Private reservations down from 0.79 (HY22) to 0.3 in December 22 - Down 78.6%
https://www.barrattdevelopments.co.uk/~/media/Files/B/Barratt-Developments/press-release/2023/barratt-developments-1h-fy23-trading-update-final.pdf
Persimmon: Private reservations of 0.83 for the year 2021, fell to 0.19 in Dec 2022 DOWN 77%
https://www.persimmonhomes.com/corporate/media/news/2023/trading-statement-110123/
Taylor Wimpey: 0.91 for full year 2021 fell to 0.68 for full 2022 - cancellation rate up 64% by Dec 2022.
https://www.taylorwimpey.co.uk/-/twdxmedia/files/head-office/corporate/reports-and-presentations/2023/tw---trading-statement-january-2023-final.pdf
Support the show
Follow me on X for daily updates: https://x.com/moving_charlie
🎥 Charlie's Golden rules videos for
Buyers: https://www.youtube.com/watch?v=h6T-uZ28a80
Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs
Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw
🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe
📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/
📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/
💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/
🧑⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/...