We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Home buyer Survey results
Katiedoula
Posts: 17 Forumite
Hi everyone. I am a first time buyer and currently hoping to buy a old cottage that needs a bit of refurbishment.
I had a survey done and estimation for all work is really high, but imminent work is circa £7k (damp course needed to one wall, wood worm active in the loft, slipped roof tiles and chimney work). I have suggested the vendor and I go halves on this work, but the estate agent is basically saying that I should be grateful that my offer has been accepted, and that I should hold off on any movement on the house purchase until the vendor has made a decision.
Am I bring naaive to think I could ask for more off? It's normal to get a survey on a property, right? Am I out of order?
The property is a decent price for the area, but had been on the market since spring last year and take a fell through twice before (apparently didn't get to survey stage)
Tia
I had a survey done and estimation for all work is really high, but imminent work is circa £7k (damp course needed to one wall, wood worm active in the loft, slipped roof tiles and chimney work). I have suggested the vendor and I go halves on this work, but the estate agent is basically saying that I should be grateful that my offer has been accepted, and that I should hold off on any movement on the house purchase until the vendor has made a decision.
Am I bring naaive to think I could ask for more off? It's normal to get a survey on a property, right? Am I out of order?
The property is a decent price for the area, but had been on the market since spring last year and take a fell through twice before (apparently didn't get to survey stage)
Tia
0
Comments
-
What has the estate agent gotto do with your decision?
His jobs are to
* find a buyer - tick
* get the seller the best price possible - tick
* nesure the sale goes through as quickly as possible- tick
His job is not to
* help the buyer get a discount
* advise the buyer on the condition of the porperty
* do anything that might delay the sale
Now-as to the specifics
* you knew the cottage was a 'refurbishment' project so even if the specific issues were not all apparent, they (or others) were highly likely, yes?
* The price youoffered/agreed was based on the poor condition of the property, yes?
So......
Finally, what exactly does the survey identify?0 -
What's the surveyor given as the value, relative to the offer that's been accepted?
This is the only relevant bit of the report when it comes to renegotiating.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards