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This is interesting because I'd heard the opposite as well - that developers are reluctant to drop the price too much for the first few sales as that sets the bar lower for subsequent sales (ie. potential buyers can check the land registry to gauge what price they could actually pay for a...

All great points, thank you so much! We ended up agreeing to a circa 5% reduction in their price (which, to be honest, already looks like a 5% reduction from the original launch price, as we saw on the land registry that several units of the same type had sold at that much higher pre-reduction...

Hello all! My partner and I are looking to buy a 2 bedroom flat somewhere in Zone 3 or 4 of London. We plan on using the HTB scheme and recently we found an interesting flat that matches our criteria. Have done some research on the developer and build quality (eg. reaching out to existing...