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Home » Business News

Timing is key when negotiating best deal for a new home…

Submitted by on October 25, 2019 – 7:30 am |

Bath Sovereign Point (33)A South West property expert has advised savvy house hunters wanting to make their budget go further to do their homework on new home developers and their financial half-year and year-end dates.

Anna Fairman, Director of Residential Development Sales at Savills said buyers will be in a stronger position to negotiate a good deal if they pick the right time of year when new home developers are looking to boost their sales figures.

Anna said: “Many of the main property developers are listed on the stock exchange and as they approach financial reporting time will be looking to hit targets.

“If you can complete just before or on the half-year or year-end date, you will be in a great position to negotiate a discount. Buyers may also be able to negotiate items such as carpets, furniture or even get some of their fees paid such as stamp duty.

“But it’s all about the timing and a little homework could result in a sizeable saving.”

One such development with an upcoming year-end is the impressive Bath Riverside by Crest Nicholson Regeneration.

With a range of two-bedroom apartments and penthouses available, the development has already captured the imagination of discerning buyers looking for somewhere close to Bath city centre and next to the River Avon.

Anna added: “Sovereign Point is a fantastic example of what is on offer on the Bath property scene and interest has been high. But knowledgeable buyers who do a little background work will also find they hold all the aces when it comes to putting in an offer.

“Just be confident and do the research. It’ll be surprising what you might be able to negotiate!”

For further information on Bath Riverside please call 01225 463517 or visit

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