Damp Identified Cost £2000

michaeljpconlon

Hi

Please be patient with me. I've just agreed to purchase a house, the valuation survey identified some damp. I then got a full inspection and the work to rectify this problem is in the region of £2000. Should i go back to the vendor and try and negotiate the price?

M

kingstreet

Was the recommendation/estimate from an independent damp surveyor or from a firm which installs damp courses from which you got a "free" report?

ST1991

One thing these 'free valuation' companies are good for, is to provide you with a negotiating point when buying a house. I just dread to be on the receiving end when we sell...

Pay for an independent damp survey, as they often throw up fixes instead of repairs. E.g Making the ground level lower outside.

michaeljpconlon

kingstreet wrote: »

Was the recommendation/estimate from an independent damp surveyor or from a firm which installs damp courses from which you got a "free" report?

It was from an independent surveyor. It cost £400

fairy_lights

What kind of damp? Could you see or feel any evidence of it in the house?

michaeljpconlon

fairy_lights wrote: »

What kind of damp? Could you see or feel any evidence of it in the house?

No Could not really feel or see damp in the house. The Vendor was very open about previous work she got carried out. I just don't want to lose the house as we are so close but at the same time think if this is maintenance that should've been kept up then the vendor might be open to talking about sharing the costs.

M

ST1991

michaeljpconlon wrote: »

It was from an independent surveyor. It cost £400

In that case, i would potentially go back to the vendor.

Although, It depends on the purchase price though... as say for example you are buying a house for £400K, it may not be worth going back to negotiate £2K off...

Althoguh if you are purchasing for £100K then that £2K is a more considerable chunk.

Did your valuation come back OK?
If it was valued at full price, then this could already take into account it needing repairs and the seller may not wish to budge.

Either way, you can always ask, you'll never know!

michaeljpconlon

ST1991 wrote: »

In that case, i would potentially go back to the vendor.

Although, It depends on the purchase price though... as say for example you are buying a house for £400K, it may not be worth going back to negotiate £2K off...

Althoguh if you are purchasing for £100K then that £2K is a more considerable chunk.

Did your valuation come back OK?
If it was valued at full price, then this could already take into account it needing repairs and the seller may not wish to budge.

Either way, you can always ask, you'll never know!

The purchase price is €165000 and the valuation came back at 165000. I'll send the estate agent the report and ask would their client be in a position to carry out the work before exchange or reduce the price. - Your right its worth asking.

kingstreet

If the valuation in present condition and agreed purchase price are the same, I would advise my vendor to tell you to take a hike if you wanted a price reduction.

What is the estimated value after essential repairs?

ST1991

michaeljpconlon wrote: »

The purchase price is €165000 and the valuation came back at 165000. I'll send the estate agent the report and ask would their client be in a position to carry out the work before exchange or reduce the price. - Your right its worth asking.

Realistically, the worst they can say is no and then it is your decision on whether to proceed or not.

Our house had been quoted £6-£7 damp treatment/repairs and we proceeded without negotiating, as they had put their asking price to take this into account and already had that report done to show us. The seller was upfront about being messed around by a previous buyer who renegotiated as often as she change her knickers, and because they were upfront we were happy about it.
Once we moved in and aired the house out/removed some of the wallpaper, we have since been quoted less and the damp is not as bad as we thought! :T

Good luck!

michaeljpconlon

ST1991 wrote: »

Realistically, the worst they can say is no and then it is your decision on whether to proceed or not.

Our house had been quoted £6-£7 damp treatment/repairs and we proceeded without negotiating, as they had put their asking price to take this into account and already had that report done to show us. The seller was upfront about being messed around by a previous buyer who renegotiated as often as she change her knickers, and because they were upfront we were happy about it.
Once we moved in and aired the house out/removed some of the wallpaper, we have since been quoted less and the damp is not as bad as we thought! :T

Good luck!

Brillant thanks for getting back to me. I'll ask and see what they say. I'll still by the house if they tell me to take a run and jump.

M