Hi,

I've just reseverved a plot on a new estate and have placed my current home on the market.

The new propoerty isn't completed unitl December 2008. The price has already been brought down from £285k to £280k but I want to negotiate further on this.

Obviously I want to haggle on carpets, upgrades, stamp duty etc but I want to bring the asking price for the property down further still. The sales person has said there is a lot of interest in that plot (well she would wouldn't she!)

I could really do with some advice on when to haggle further etc. Clearly I don't want to lose the option of buyiong that plot!

Any suggestions would be greatfully recieved!

Thanks,
Ed

Hi...if you have parted with money to reserve the plot you may have lost your bargaining powers. If there is genuine interest and you are able to leave without losing money you could call their bluff but that may end with you not getting the property. The initial response when you ask for further reductions will probably give the game away, if they say " I'll see what I can do" you are probably in the realms of a discount or some incentives, if not you may have to comply with the original conditions to keep the plot.

---

Regards

Ian