Where does the money for fixtures and fittings come from?

Manchester_Lucy

pbradley936 wrote:

First you agree a price without the fixtures and fittings. That will be the legal price. Then you draw up a list of fixtures and fittings and itemize them such as "light fittings in lounge £50, carpet in lounge £150, ...." When you have the total and are all in agreement you pay upon exchange. That's what we did anyway.

Well the fixtures and fittings weren't mentioned at the time of acceptance. Will I be hit with a bill down the line for all the light fittings etc? The couple are off to Oz so I doubt if they'll want to take their light fittings with them.

Is this standard that you get charded extra? I've never done it before! I don't know what is normal and what isn't!!

lilyann1

No they cannot charge you extra now they have accepted your offer.

The house is sold as seen and is usually sold with carpets and lights included.Check the property details to make sure what was listed as included.
They will make a list of F/F they are to leave and which they are to take later.

If they are going to OZ then it's likely they will leave them and all the better for you, but they cannot go ahead and charge you for them,unless the property details said something like 'space' for cooker and 'space for fridge freezer' and they turn around and offer you those,then they can sell them to you.

Mrs_pbradley936

I agree with Lilyann. The main reason for doing it is for example if you are buying at around the 250k figure the percentage for stamp duty goes up. So if you are wanting all the lights, curtains etc it makes sense to buy the house for 248k and give 2k for the F&F. It is perfectly legal and would save you a lot of money. BUT you could not get away with saying "I'm giving 248k for the house and another 150k for the curtains. The powers that be would smell a rat!!

Ms_Chocaholic

Can someone correct me if I'm wrong but I understood that everything listed on the sales particulars that the EA produces is included as part of the sale.

Manchester_Lucy

Ms_Chocaholic wrote:

Can someone correct me if I'm wrong but I understood that everything listed on the sales particulars that the EA produces is included as part of the sale.

All I had from the EA was the fact it had a bathroom, kitchen, 3 beds and a garden!

And even when I asked them today for any listings to be included in the price he just said that an inventry would be drawn up by the solicitors.

lilyann1

Sounds funny to me.There should have been sale particulars drawn up and agreed by vendor before house went on the market.
Is it listed on any websites so you can print off the details?
As said before though I am sure you won't be asked later to pay for carpets and light fittings etc

Mrs_pbradley936

The Estate agent details DO NOT FORM ANY PART OF THE CONTRACT. They are to introduce you to the property. The legal side should be handled by a solicitor (not a conveyancing firm) a solicitor. You will get a form which will tell you what items are included in the sale. This form has been filled in by the vendor (seller) and if you agree with it it leads on to become a contract.

Manchester_Lucy

Thanks for that.

The firm I have a ppointed to all the legal stuff and the conveyancing so I don't need separate firms to do different parts of the buying process.

I didn't think that the EA should give me anything other than a load of inflated blurb about the property they are trying to sell.

clutton_2

the vendor has to complete a sellers information questionnaire type thing (i forget the proper name) and in it , s/he ticks a box as to what comes in with the price of the sale, and what is excluded. Check it carefully when it arrives. its this document which says what s/he can take out of the property before the sale is completed.

i agree, local solicitors - at least you can go in and shout if it all goes pear shaped !!