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Old 10-02-2008, 02:16 PM
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dave99 dave99 is offline
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Join Date: Mar 2007
Location: North of London - UK
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Default Is Anyone increasing prices during the building phase on signed contracts

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From what I've seen the "interest free" offer is technically true since there is no extra to pay, but there is obviously a loss, either from borrowing or in loss of interest on savings withdrawn - what you do get hopefully is a fixed price in a rising market. There is also likely to be an amount, maybe between 5% & 10%, that is not paid until 4 to 8 weeks after completion - which clearly is interest free if the price is fixed.

Has anyone had to pay a higher price than initially quoted - seems that it happens in other countries !!!
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