Buyers want £7k off after survey

lookstraightahead

theartfullodger wrote: »

Tell them you hadn't realised the price was flexible, and that being the case it's just gone UP £7k. Bet they fold and go back to original offer agreed.

I bet the opposite, that they would just walk away.

MysteryMe

Don't cave in to opportunist gazunderers.

Let them continue to pay dead money on rent.

You will still have your own home.

Crashy_Time

MysteryMe wrote: »

Don't cave in to opportunist gazunderers.

Let them continue to pay dead money on rent.

You will still have your own home.

Doesn`t help much if you need/want to move for work etc.

Sibz

7k for damp work is a LOT of damp work.... Are they replacing the bricks with gold? Have had substantial damp work done for a fraction of that price - by a reputable company and that was not even discounted.
Of course area prices may vary - but surely not by that much unless you have an absolutely massive flat.

They sound like chancing gits...

cloo

I might meet half way, which is what I've done in the past. My buyers (who made an offer I did find slightly astonishing) tried to drop their offer by about 8% at a late stage for no especially good reason. The agent alleged they'd heard the market was falling in that area (it wasn't, this was 4 years ago) but I just wanted to get on with it at that point and I met them at about 4% off, figuring that was fine given that was still more than I originally expected. I still feel satisfied it was totally the right thing to do. I also wasn't moving myself at the time, though, which helped (I'd let the house for the previous 4 years after living there myself) - how much do you need that money in order to move is the other question, of course.



No the market's not great now, but neither will they find many alternatives necessarily, so I'd offer 3,500 off and maybe be set a limit you are prepared to drop to (maybe 5k?) so you can and they can at least feel you've hit a reasonable compromise, unless there is a hard limit you need in order to move.

lookstraightahead

MysteryMe wrote: »

Don't cave in to opportunist gazunderers.

Let them continue to pay dead money on rent.

You will still have your own home.

Why do you think gazunderers are renting? At the moment whole chains will be very wary of what they're paying.

Sapphire

Slithery wrote: »

Yes. The cost of any repairs should be shared between all of the leaseholders.
Just as you would be expected to pay your share if the roof needed fixing.

Depends on the lease. In my lease (maisonette with two in the building), the top one takes care of and pays for repairs to the top half of the building, while the bottom one does so for repairs to the bottom half. That's the way it has always worked – so new roof was paid for by upstairs, damp-proof course by downstairs.

Check the lease.

Crashy_Time

lookstraightahead wrote: »

Why do you think gazunderers are renting? At the moment whole chains will be very wary of what they're paying.

https://moneyweek.com/499464/more-good-news-on-house-prices-theres-no-sign-of-them-picking-up-soon/

jimbog

Crashy_Time wrote: »

https://moneyweek.com/499464/more-good-news-on-house-prices-theres-no-sign-of-them-picking-up-soon/

From your link:
What’s actually happening to prices?
According to the latest figures from Nationwide, house prices rose at an annual rate of 1.9% in November

Grampus8

jimbog wrote: »

From your link:
What’s actually happening to prices?
According to the latest figures from Nationwide, house prices rose at an annual rate of 1.9% in November

don't encourage him.

In fact, how come Crashy doesn't get banned for spamming?