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Discount on a new house

  • 05-05-2020 10:19pm
    #1
    Registered Users Posts: 3


    Hi

    Currently at the final stages of buying a new house, we have deposits paid, contracts signed etc, just waiting on the house which has been delayed for a couple of months due to Covid.
    Like a lot of people our situation has changed and we more than likely won't be able to proceed unless we can get a discount on the house, we have a clause in our contract that if the bank refuse the loan we get our deposit back.
    I'm wondering is anyone else in the process of trying to negotiate a discount on a new house?


Comments

  • Registered Users, Registered Users 2 Posts: 1,272 ✭✭✭Scottie99


    Hi

    Currently at the final stages of buying a new house, we have deposits paid, contracts signed etc, just waiting on the house which has been delayed for a couple of months due to Covid.
    Like a lot of people our situation has changed and we more than likely won't be able to proceed unless we can get a discount on the house, we have a clause in our contract that if the bank refuse the loan we get our deposit back.
    I'm wondering is anyone else in the process of trying to negotiate a discount on a new house?

    Has the Bank refused?
    No harm trying to negotiate then?


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