Why did they not want a survey?

SuzieSue

Your (ex) vendors seem to be on another planet. I think you've had a very lucky escape. At least they have been upfront about how unreasonable they are so you didn't waste any money on a survey.

SuzieSue

lb364 wrote: »

This was through the estate agent, he seemed to think it was a solution!

Now, why doesn't that surprise me?

jamesperrett

lb364 wrote: »

I think it was on a few months but the price was dropped drastically the day we put our offer in

Have they had more interest since the price drop?

I must admit that I'd be a little annoyed if a buyer asked for a second survey a few weeks after the initial survey. I would expect that the prospective buyer is the sort of person to try to find reasons for some hard negotiating which I wouldn't find particularly appealing. If the seller has had more interest after the price drop then they're probably hoping to find a less demanding buyer.

James.

SuzieSue

jamesperrett wrote: »

Have they had more interest since the price drop?

I must admit that I'd be a little annoyed if a buyer asked for a second survey a few weeks after the initial survey. I would expect that the prospective buyer is the sort of person to try to find reasons for some hard negotiating which I wouldn't find particularly appealing. If the seller has had more interest after the price drop then they're probably hoping to find a less demanding buyer.

James.

The first "survey" wasn't a survey - it was a valuation by the OP's lenders.

jamesperrett

SuzieSue wrote: »

The first "survey" wasn't a survey - it was a valuation by the OP's lenders.

Did the buyer make this clear to the vendor? If they didn't, the vendor was probably under the impression that the first visit was a survey. Very few people would know the difference.

James.

Yorkie1

jamesperrett wrote: »

Did the buyer make this clear to the vendor? If they didn't, the vendor was probably under the impression that the first visit was a survey. Very few people would know the difference.

James.

OP has said he repeatedly told the EA that there would be a separate survey from him.

holly_hobby

As already stated, the lenders survey was merely a valuation for mge purposes only, and for solely for the benefit of the lender.

A prospective purchaser has the absolute right to have a homebuyers or full structual survey conducted, as part of, or in addition to the lenders basic valuation - indeed in properties of high value/historical structual issues or of age, it would really be utter madness to proceed without one (funds willing of course).

It appears in this case however, that even if the OP instructed the surveyor whom performed the basic survey, to also conduct a FS on their behalf at the same time, any negative findings would not have resulted in any further negotiations or positive mediation from the Vendor. And TBH their whole response to this issue, smells to me of at least one prev iffy HB or FS, which has already revealled a whole heap of issues they'd much rather keep quiet about .... after all what is it they say "Caveat Emptor" ..... buyer beware .. you obv did the right thing electing for a FS !!!

I echo the rest of the guys .... the vendors attitude has inadvertently given you a heads up on the stunts pulled and ultimately saved you a whole lot £'s, time and heartache ..... this wasn't meant for you ... there's another beauty waiting for you to find them instead !

Keep us posted on the hunt !

Good luck, and well done for standing your ground in this !!

Holly xx

anselld

To offer a possible vendors view ( not that I agree with their attitude), and bearing in mind this ia a 150 year old property, they may have had a string of potential buyers making low offers and then using the survey to justify a gazzundering offer at the last minute.

You shouldnt be buying an older property and then expecting the vendors to fix or price-reduce every item mentioned on the survey. It is an old property so you should not expect it to be perfect and to a large extent that should be reflected in your agreed offer.

malcolmffc

ReadingTim wrote: »

If you're working, this means a day off work to deal with someone poking around your house with a critical eye, and not saying what he's found - silently judging you, some might feel.

Not neccessarily - these days, you can work from home for a day in many jobs. My employer wouldn't bat an eyelid.