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Pulling out of purchase week of exchange

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  • Thanks so much to everyone for all your comments. We think what we're going to do is email the seller a list of all the issues the survey pulled up to show them how many maintenance costs we're already facing which we hadn't realised when we put the offer in (but which we weren't going to renegotiate over so haven't told them before) and then pull out if they still won't compromise. I understand everyone saying "It's only £3k - it's not worth losing a house over" but the survey had already thrown up a few thousand pounds worth of work and there has to come a point where you draw a line as we don't have a bottomless pit of money (unfortunately :(). We are also aware that surveys and PIFs don't pick everything up so we may still need to spend more we don't know about, and we have been worrying the gas service issue may be a clue they've not been that diligent with home maintenance in general.

    Luckily for us, we are not in love with the house. It's just the one we liked best that was on the market when we wanted to buy. If this falls through, it will be a pain, but there will be another house and things tend to happen for a reason.
  • sounds to me like you have made your mind up, so follow it mate, and good luck to you
  • mpet
    mpet Posts: 479 Forumite
    Part of the Furniture 100 Posts
    I find it a strange thing to potentially pull out of a house sale for at the eleventh hour. We have a boiler that is 18 years old and has been serviced by the installer each year.

    However, it has broken down at least 3 times over that period and has had replacement parts. The point I am trying to make, is that even boilers that are serviced can break down.

    Even if this boiler breaks down, it does not mean you will need to replace it - repairs could be possible. If I was selling my house and the buyer insisted I replace the boiler as it was old, I would not respond favourably (Unless I was desperate to move!)
  • geoffky
    geoffky Posts: 6,835 Forumite
    let us know what happens..
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • mpet wrote: »
    I find it a strange thing to potentially pull out of a house sale for at the eleventh hour. We have a boiler that is 18 years old and has been serviced by the installer each year.

    However, it has broken down at least 3 times over that period and has had replacement parts. The point I am trying to make, is that even boilers that are serviced can break down.

    Even if this boiler breaks down, it does not mean you will need to replace it - repairs could be possible. If I was selling my house and the buyer insisted I replace the boiler as it was old, I would not respond favourably (Unless I was desperate to move!)
    I don't think it is just the boiler, there are other issues from the survey and the boiler is that one step too far and has caused the OP to re-look at the whole thing and the OP is not that desperate to buy the house. Went through a similar thing years ago when buying a house, one problem seemed to click the reality switch and we realised we didn't realy want the house that much and we also pulled out.
  • arachne wrote: »
    Thanks so much to everyone for all your comments. We think what we're going to do is email the seller a list of all the issues the survey pulled up to show them how many maintenance costs we're already facing which we hadn't realised when we put the offer in (but which we weren't going to renegotiate over so haven't told them before) and then pull out if they still won't compromise. I understand everyone saying "It's only £3k - it's not worth losing a house over" but the survey had already thrown up a few thousand pounds worth of work and there has to come a point where you draw a line as we don't have a bottomless pit of money (unfortunately :(). We are also aware that surveys and PIFs don't pick everything up so we may still need to spend more we don't know about, and we have been worrying the gas service issue may be a clue they've not been that diligent with home maintenance in general.

    Luckily for us, we are not in love with the house. It's just the one we liked best that was on the market when we wanted to buy. If this falls through, it will be a pain, but there will be another house and things tend to happen for a reason.
    You have convinced yourself that the boiler is no good because it hasn't been 'serviced', only 'maintained'. You should get the facts about the boiler with your own survey, and then decide. At the moment, there is no 3k for a boiler to argue about.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Shelldean
    Shelldean Posts: 2,419 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You have convinced yourself that the boiler is no good because it hasn't been 'serviced', only 'maintained'. You should get the facts about the boiler with your own survey, and then decide. At the moment, there is no 3k for a boiler to argue about.
    OP hasn't said it 3 thou for a boiler she said it for other issues that the survey has raised, and the boiler was yet another concern.
  • Shelldean wrote: »
    OP hasn't said it 3 thou for a boiler she said it for other issues that the survey has raised, and the boiler was yet another concern.

    It must be my eyes. Which optician would you recommend I go to?
    arachne wrote: »
    So, we went back to them and asked for £3k off the agreed price (meaning a revised offer of 6% below asking price) to cover the cost of a new boiler but they've refused point blank and won't even negotiate.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Shelldean
    Shelldean Posts: 2,419 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    specsavers????
    Am sure she said in a later post it was other stuff and the boiler was a step too far???
    Hang on brb
  • Shelldean
    Shelldean Posts: 2,419 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    post 33?? or am i reading it wrong and need specsavers myself?:(

    edited to add.... I read it that OP is asking for 3k off in total for the repairs which will cost a few thousand, and included in that 3k is the boiler replacement money??
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