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When home buyers are wise to hit a snag

I recall those first flickers of adrenaline when I got the tip-off about a handsome grade II listed property in Nottingham. It was opposite Nottingham Trent University, and about to be converted into upmarket student flats. Buy now and you'll make a cool £250,000 when it's finished, said the estate agent. So I did, and waited for the lucre to roll in.

Just before I handed over my banker's draft, the site foreman asked if I was going to 'snag' the property. He explained that despite its odd-sounding name, snagging could prove crucial.

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Snagging Forum

Unadopted Roads
Roads on new developments that have not been taken over by the council as development not yet finished, said roads are not gritted by council despite...
2012 New Buyer at Leighton Buzzard (Worries)
Hello everyone, I am buying a 4 bedroom detached property with a single garage and additional two parking spaces at Leighton Buzzard through...
What a leading property website says about buying a new home!
*"Why buying a brand new home means more help - and less stress!* Moving home is likely to be a much less stressful affair if you're buying a brand...
NHBC Buildmark Warranty
New homes would be a much lower standard and have MORE defects if the NHBC did not exist. They set the standards new homes are built to and make...
Noise problems in new builds
With the increasing high density developments, noise pollution has increased considerably in recent years to become one of the biggest environmental...

Snagging News

Barratt Homes Posionous Lake Complaint
This story highlights the fact that the house builders will build absolutely anywhere. Extreme care needs to be taken when buying new homes on these so-called brown field sites. You really need to do your homework to find out what that land was used for. Amazingly, even though the authorities knew about the nature of [...]
Barratt Homes Renege on Play Area
I was just writing about issues with parking on a new build estate in Devon and how developers try to maximise the number of units on a site by minimising parking and play areas etc. If residents are lucky the local council will intervene to ensure that certain features are required to get planning consent. [...]
New Home Parking Problems
New home developers hire specialist planning consultants and designers that aim to maximise the profitability of every planned development by ensuring that the housing density is a high as possible. This impacts on many aspects of a development that make living there more enjoyable such as open spaces, play areas and the like. However, the [...]
Bett Homes Completion Delays
Or is that Gladedale… Snagging forum member Clare was due to move into her new house on 23/10/09 and the day before, yes the day before, she was told it would be another week. Well that in itself is not unusual. Many new build buyers are let down time and time again by the builders [...]
Barratt Homes Fined for Ignoring the Law
Bolton Council has successfully taken action against Barratt Homes who have been fined £5,400 for flyposting in the Bolton area. The builder was given ample opportunity to take down the illegal posters but failed resulting in the local council taking action. Obviously, the builder sees this fine as being insignificant compared to the advertising and [...]

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