Need some advice on our current sale with regards to boiler

firstaspect

Hi All,

We're currently going through the sale of our property (nothing exchanged yet) but have hit a problem with our (very old) warm air boiler.
It ideally needs completely replacing, which is obviously rather expensive. It could be repaired also.
However when viewing our buyer mentioned he'd rip it out and replace with a much more modern combi boiler & radiators anyway.

So I'm wondering whether I should pay to get the old one repaired/replaced or if I should speak to the buyer to reach some sort of deal as he was going to replace it anyway. I don't want to risk putting him off though by mentioning problems in the house.

Any advice would be great.

TrickyDicky101

I'm not sure what you hope to gain by discussing with the buyer? Do you want to agree that you will replace according to his spec and he will up his offer by £x to reflect that he won't need to do the replacement work himself? If so, and if in his position, I wouldn't raise my offer by anywhere near the amount it would cost you to replace.

I would consider the repair route if you just need to keep it working until you move out.

nearlynew

If the buyer is aware of the boiler and has said he will replace it, then don't waste your money on a new one or bother trying to negotiate over something which the buyer is unconcerned about.
There is no point in bringing the subject up.

However, it would be courteous to repair it and ensure it is working when the new owners move in.

firstaspect

nearlynew wrote: »

If the buyer is aware of the boiler and has said he will replace it, then don't waste your money on a new one or bother trying to negotiate over something which the buyer is unconcerned about.
There is no point in bringing the subject up.

However, it would be courteous to repair it and ensure it is working when the new owners move in.

He was aware the boiler was old but not aware it was non-functional like it is now. But yeah I think I'll have to go down the repair route (which is also not cheap unfortunately!)

MissMessy_2

Just to let you know we had the same when selling our house. It couldnt be fixed, needed full replacement. We didnt say anything until buyer put in an offer and after haggling we agrred to accept the offer on the understand the boiler did not work and we would not replace it at that price. it was a done deal. I sincerely believe we would not have received any more with it working so we were happy as they did not try to knock any more off