| Product: |
David Wilson Homes |
| Date: |
24/09/08 (685 review reads) |
| Rating: |
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Advantages: None
Disadvantages: Just buying from them!!
REPUTABLE BUILDER......DEFINATELY NOT, BUNCH OF COWBOYS MORE LIKE IT!!!!!
We bought a DWH home in Dec 2006, paid £267,999. DWH have now put the same style property up for sale on our estate (PX prop) for £220,000 even though it was valued at £275/£280,000 to sell!!! Their policy is obviously sell the houses then devalue them!!
They say that it is a current market value....I don't think so, especially as the fact is an agent valued it at £280,000.
There are people trying to sell their properties at agent valued figures and basically have no chance whatsoever with this one some £60,000 under valued.
Has anyone else had a bad experience like this?
Basically they have taken away our equity and seem to think its ok to do this!
Does anyone have any advise for us on this as we really are at the end of our teather with it.......Any suggestions would be a great help.
Summary: DO NOT BUY A HOUSE FROM THIS BUILDER....THEY WILL COST YOU YOUR HARD EARNED MONEY!!
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Last comments:
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- 04/11/09 It isn't sour grapes whatsoever, we all know about the credit crunch and we just have to ride it out. My gripe with DWH was that even though Estate Agents had valued it at a higher price DWH told them to just sell it at the low price.
Finally, it is nearly 3 years since we purchased our home - part exchange by the way, and we are still, yes still waiting for a long list of snags putting right!
All I can say about DWH is fantastic design of house, shame about the workmanship. |
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- 03/11/09 I read this review because I am interested in learning about David Wilson Homes' part exchange offers, having popped into one of their sales offices earlier today.
However , I don't feel that I have learned anything about DWH after having read the review. Instead it just reads like the reviewer has found themself in a position where the house they bought prior to the recent housing crash is now worth considerably less than it was when they bought it. Unfortunately, when house prices take a tumble this happens... it's a fact of life. You may think that's unfair but c'est la vie.
I don't see how this is the fault of the builder, so I'm confused why the reviewer has tried to blame them. They may believe that their house is worth more than DWH is charging for similar properties but if that was really the case then surely the builder would be selling them at a higher price. Nobody would sell a house at a considerable discount - there must be a reason why DWH has reduced the price so much... most likely because it's what is necessary to actually get a sale.
The housing market crash really only affects those who have to move as those who can sit tight and ride it out remain largely unaffected. And those who find themself in a position of negative equity should maybe consider whether they made the wrong decision in borrowing such a large percentage at a time when the crash was so widely anticipated.
A s it is, I find this review to be more a case of sour grapes about somebody's house having lost vale rather than an independent review of DWH. I'm none the wiser of what to expect from DWH if we do decide to part exchange our current property for one of their new houses. Hopefully other reviews on this site will be more helpful.
discl aimer: I neither work for DWH nor have any vested interest in them. I'm just a potential customer of their's trying to understand what to look out for. |
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