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Offer accepted on a house which has since flooded - any advice please
Comments
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moneyistooshorttomention wrote: »I'm someone who tends very much to the "A deal is a deal" way of thinking. But, in those circumstances, I'd pull out.
"A deal is deal" unless a Material Fact is revealed before the deal has taken place.
Flooding is biggest Material Fact you can get.0 -
I'd walk away.
In my last flat we had a problem with the roof and I'd get a feeling of dread every time it rained. This is potentially a far more serious and expensive problem - do you want to live like that?0 -
Don't walk away. Run as fast as you can. flooding twice in 14 years ? Getting insurance will be difficult and cost an arm and a leg, and will a bank lend on it ?0
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If I was the vendor I'd be gobsmacked if someone who'd made an offer didn't pull out. The flats may not be flooded, but the foundations are - significantly..................
....I'm smiling because I have no idea what's going on ...:)0
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