We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Sale Agreed price after survey
Options

Possom
Posts: 433 Forumite
in N. Ireland
When someone gets a buildings survey done on a house, where the surveyor states in the finished survey the estimated cost of fixing something he has discovered, how do I use this to attempt to negotiate down the sale agreed price?
Assuming something is discovered which I would not have noticed since I'm not a builder or a surveyor.
For example, if he discovers that the roof needs replaced, or the house has rising damp, or there is woodworm in beams and these need replaced etc.
Do I simply contact the estate agent and inform them that the surveyor has found 'x' and estimated the cost of fixing at 'y', and I would like to reduce the sale agreed price by the estimate of fixing provided by the surveyor?
Is it best to contact the estate agent by telephone, e-mail or formal letter to inform them of this?
Thanks for any advice!
Assuming something is discovered which I would not have noticed since I'm not a builder or a surveyor.
For example, if he discovers that the roof needs replaced, or the house has rising damp, or there is woodworm in beams and these need replaced etc.
Do I simply contact the estate agent and inform them that the surveyor has found 'x' and estimated the cost of fixing at 'y', and I would like to reduce the sale agreed price by the estimate of fixing provided by the surveyor?
Is it best to contact the estate agent by telephone, e-mail or formal letter to inform them of this?
Thanks for any advice!
0
Comments
-
I would contact the agent by phone and state I am reducing the price by £x because xyz work needs to be done .
On the other side the surveyor may say the house is worth your offer based on the amount of work it needs ."Do not regret growing older, it's a privilege denied to many"0 -
And if it's "the house of your dream" remember the vendor may pull out of the sale if they think they can get more..0
-
You can use the report to negotiate, but the vendor can just ignore it and stick to his/her price if the wish. The mortgage lenders will not ignore it if it is part of a valuation survey for the purposes of borrowing money from a lender and it will probably affect how much they will lend you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards