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Negotiating After Survey
Comments
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Gas and electric safety checks are only needed in rental properties, it's up to you as a buyer to have them checked, if your so worried about them.Steveno1091 wrote: »Hi,
I had my survey done and they mentioned about all the window. I think they over analyse things to cover themselves.
They advised no safety check / maintenance certificate has been done on the gas and electric... however I don't know how I feel paying for this to be done before the house is mine.... I shall look forward to hearing what people say about this
What's wrong with the windows?0 -
You have to remember the survey price is taking the work needed into consideration so the value is in it's present condition. If the work was done it would be worth much more so don't be surprised if they tell you to do one.
The valuation is also taking into consideration the loan to value - if the OP has a whopping deposit, then it is more likely the valuation will not reduce the agreed price.
e.g. At 95% LTV the identified defects would be more of a risk, than at 80%.0 -
How much spare cash have you got for the deposit and the work? Some of the work could be expensive and you will have to pay for it with money you have not a loan so unless you have a large pot of cash this property is not for you.0
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Hi and welcome to the forum. I agree with Cakeguts. The extracts from your survey report look exactly like one we received on a 1920s house we considered buying a few years ago. So many issues, few of them cheap and, while one or two may not be insurmountable, when there are this many things wrong with a house, the cost will add up to a sizeable chunk of cash, I would think.
We tried to negotiate the price down even though, like yourself, our surveyor said the house was worth the asking price. Problem was, we just did not have that much spare cash so we walked away. We found a late 50s/early 60s house for £2k less in better condition. It still needed considerable work but not the structural kind: New bathroom, kitchen, rewire, partial re-plumb, total redecoration. There was some spalling but my OH was able to deal with that himself. All of that cost enough.
This is purely for your information and you must decide what is best for you. Good luck.0 -
The house is around 18yo... the windows have no British standard marks on them... they look fine though but the surveyor marked them a 3 - critical due to health and safety0
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Steveno1091 wrote: »The house is around 18yo... the windows have no British standard marks on them... they look fine though but the surveyor marked them a 3 - critical due to health and safety
OK, this confused me for a moment, I thought we were talking about Danger_Mouse's house built circa 1900 :huh:. I see you, Steveno, seem to have done exactly what I did with my very first post.
On the page, now.
The surveyor has marked them 3 because it sounds as if they are not safety glass. If this is so, they could kill someone if they fell through them; they could be cut to ribbons. This is extremely unlikely with safety/toughened glass. I suggest you confirm this with him and replace it at the earliest opportunity. Sooner than that if you have young children.
https://forums.moneysavingexpert.com/discussion/3489247
HTH.0 -
Steveno1091 wrote: »The house is around 18yo... the windows have no British standard marks on them... they look fine though but the surveyor marked them a 3 - critical due to health and safety
Just because they do not have the safety glass mark etched into the glass does not mean they are not safety glass. Sometimes the marks get missed off or are covered. You can get the glass checked using a special tool and I believe there are ways of doing it DIY with polaroid sunglasses.0 -
Safety glass in doors, yes, but I wonder how many hundreds of thousands of residential properties don't have safety glass in the windows?0
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