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Question from buyers solicitor regarding sale price?

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Jhoney_2 Posts: 1,198 Forumite

26 January 2016 at 6:09PM

chelseablue wrote: »

A query has been raised by my buyer's solicitor as follows:

"Your buyers have noticed that you brought the property for £156,500 back in 2010 and are now selling it for £235,000.
Could you please confirm if any works have been done in order to increase the value of the property?"

What the hell is all this about?? Worried about how I should answer.

My buyer has had his mortgage valuation done back in December and it was actually valued by the surveyor at £250,000.

Any advice on how to answer this question much appreciated!

None of this is relevant in order for a solicitor to enquire about Building Regs, PP etc imo - in fact it sounds like a very haughty 'justify your price!' letter -at best clumsy.

Just refer them to their survey and be done with it.

The windows were pre- purchase, the roof payment can be verified by the freeholder (which they will be checking anyway regardless of your answer) and the decoration you have done is immaterial.

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Question from buyers solicitor regarding sale price?

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