1st time buyers

maka_2

hi
after months of looking we found a house and fell in love with we agreed on the price done the survey a few things came back so agreed a new price. all ways flowing along at high speed great for us and for them because they wanted a quick sale as they have a pub to live in and run now.
But about 2 weeks ago our sol found a problem in the deeds. the house is a mid terrace property and to the rear is a shared access walk way so everyone can put there bins out, but no-where in the deeds does it state it is ok for me to walk throught this.
my sol as informed him that i will cost a one off payment of £230 to get this added but he so far has refused to pay it.
do we just give in and pay it? because if he pulls out we dont have the money again for more survey cost more sol costs ect....
Our sol has informed us it is down to him to pay it and he was suprised that this guys sol did not pick up on it when he bought the house.

all advise very welcome

Snow_Dog

If you want to guarantee access then you need to do as your solictor advises, someone has to pay the £230.

Unfortunately the process of buying a property is full of nasty financial surprises which is why its always good to have a contingency fund, just as in any DIY projects will always cost more than you budget for.

As far as who pays then do you want £230 to be a deal breaker? Does he? Its all down to who is most desperate to make the deal, only you can answer that one.

maka_2

Snow_Dog wrote:

If you want to guarantee access then you need to do as your solictor advises, someone has to pay the £230.

Unfortunately the process of buying a property is full of nasty financial surprises which is why its always good to have a contingency fund, just as in any DIY projects will always cost more than you budget for.

As far as who pays then do you want £230 to be a deal breaker? Does he? Its all down to who is most desperate to make the deal, only you can answer that one.

He is the one who asked for it to be rushed through and he is the one holding everything up he is a stubborn !!!!!!, there is about £6000 of work that needs doing to the property and it took him enough time to agree to drop his price.
at the end of the day should we really pay for something that he should be paying?

brasso

You have to decide how much of an issue it is.

If the previous owner didn't have this clause then you may ask yourself it really matters to you? Is someone going to make an objection to your access to the rear of the property?

If it's a risk you don't want to take then someone has to pay for it. If the seller refuses, then I guess you'll have to pay yourself. You could at least ask the solicitor to reduce the price.

Property transactionsa re full of these niggly little problems. It's an expensive business. If you like the property enough, then £230 shouldn't deflect you. If it's too big an expense, take the risk of not paying and hope no one makes a fuss in the future.

Added:
And if he's already dropped the price by £6K you might just want to shrug your shoulders and accept it.

Good luck.