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User Reviews

roland_arthur

Lancaster Canal Development

If you are purchasing a house as your main residence at this site with a mortgage, then be warned that you could end up waiting a long time to move in, and it could cost you a lot of money upfront before moving in.

Prices advertised are unrealistic, allow for at the very minimum an extra 5% on top of the price shown for your final purchase price. Constant delays from the developer and an insistence on exchange of contracts in 8 weeks from the reservation team, mean that unless you have the ready cash to purchase outright, and are willing to sit and wait months for the development to finish, then this could find you paying out for a mortgage many months before it is actually required. Or worse, you could exchange, not take up your mortgage offer, sit around and wait months for completion (in the meantime your mortgage offer expires), and when you do finally get the opportunity to move in, find that you can't get a mortgage and yet are still obliged to purchase the property and lose your exchange deposit.

The development contract purely protects the developer and doesn't think about customer service and customer rights at all. Tread very carefully if you going near this development, oh and if you do decide to buy take note of the fact that a multi-storey car park is likely to built right next to it in the hospital grounds - preliminary plans have been approved and the build contract has gone out to tender.

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