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This may be a BIG con, often to get planning a lot of developers will do a deal with the planning authority meaning that if you live in their shiny new development you cannot apply for a residents parking permit.
Yep. Got kinda caught out by this on first flat purchase. It will probably rule out those with a requirement to keep more than one car, sure.
Good points though, thank you. Presumably the thing with proofing on a terrace would be the same if you were buying someone's renovated house with a terrace, except you wouldn't be able to inspect it and you'd have even less than the developer and the NHBC's crappy guarantee?
Howard
Not neccessarily there is a lot of stuff that gets messed up in the new build process a lot can go un noticed, even if there is a snagging provision in your contract.
This may be a BIG con, often to get planning a lot of developers will do a deal with the planning authority meaning that if you live in their shiny new development you cannot apply for a residents parking permit. So if down the line you need to add another car to your fleet of vehicles and cannot get it in the car port you're shafted and have to pay for private parking. Also can effect the resale value if you put off a number of potential buyers who are adamant that they want 2 cars and can't have it.
A potential money pit for damp issues; if the terrace is poorly designed or not contructed by someone who knows what they are doing or even is constructed by someone who knows what they were doing but is hungover on the day they do the waterproofing!
Most new build properties are fine but having had to put right some truly shocking workmanship on new build properties I'm always a bit sceptical about them. The biggest problem is that the developers tend to employ their own building inspectors, so if the people putting up the building are paying the inspectors directly things can get swept under the rug. I would imagine that after phase II of the grenfell enquiry comes out this will no longer be allowed but any changes will take a while to come through.