We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Trying to reach agreement on house needing roof work
Comments
-
That's what I thought should happen... They originally said 305k and they'd fix the roof themselves.
We already offered 285k before we knew anything about the roof and they refused.
If you think the house is worth 295k, then don't budge - they must know they have a hard property to sell with the work that needs doing - I'm sure a lot of potential buyers will be completely put off by the works.0 -
Are you getting a mortgage?
If you are what valuation has the mortgage company given?
This should be your first starting point.
Then, I agree, get a full survey done yourself, then some quotes for the work, then negotiate according to the results.0 -
Echo catshark. You are accepting the vendor's view, his costings, his diagnosis. You need a survey of the house, and you need your own builder to go and look at the roof and cost exactly what actually does need doing. Then, you either subtract all that cost from the offer price, or consider some split with the vendor.
Use his quotes and you risk him saying to his builder "what is the absolute cheapest you can botch a repair on this? Let him have the work done, and EVERY corner will be skimped. Builder might say "while I've got the roof off, it'd be fifty quid to completely insulate the loft and fix that leaky water tank".. owner ... "don't bother, mate I'm not living here next winter anyway".
At the moment, forgive me, you sound like you are being pushed around, and not taking the lead. There will ALWAYS be another house on the market, and you don't want to buy a costly lemon.0 -
The house has been on the market since October last year, we love the house but just don't want to pay too much... obviously.
This is the key issue.
If the vendor wants to sell, then they have to take the market price (namely what someone is prepared to pay for it).
Maybe they are not bothered about selling?
Have you done a thorough investigation to find out what similar properties in the area have sold for?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards