Scary Homebuyer report

Palang

Thank you all for taking the time to comment on this. I suppose the highest priority issues here are the main walls and the flat roof over the extension.

The asking price was £700k, which we managed to negotiate down to £680k. I suppose we have been very naive in this case, since the property "appears" to be more expensive than the 700k asking price and I should have known that there is something wrong.

Wittsend

The survey of my house has just recommended 'further investigation' of the 'appears to be' asbestos flue, the garage roof (its flat, last re-done 15 years ago and not leaking) and the electrics. The buyer wants to put a second fuse box in as he has an extensive music system which requires more power. I panicked when the estate agent called, and I have already dropped £15k off the price as the buyer has dropped £30k off his. Got my own asbestos inspection tomorrow. Not doing the garage roof - they always say that to cover their back and I know its sound. Electrics??? The house is a 1975 build - so he is bringing in an electrical engineer and we will see. I know there are some issues with my new house, but nothing I wouldn't expect in a house of its age and the price I paid. Not looking forward to the next few days - I haven't seen their report, my estate agent just phoned today and asked for dates for him to arrange for the 'further investigation' visits! I am never going through buying and selling again after this. I have been here for 29 years and don't remember all this stress. Hope you get some good advice.