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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Underpinning - renegotiate (or run away!)

Options
13»

Comments

  • Doozergirl
    Doozergirl Posts: 34,075 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    They can only say no! 
    Everything that is supposed to be in heaven is already here on earth.
  • NatNat77
    NatNat77 Posts: 314 Forumite
    Eighth Anniversary 100 Posts Name Dropper Combo Breaker
    I'd think at the very least you'd be entitled to the cost of your structural survey, but they may agree to more. You won't know unless you try! 
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 24 November 2020 at 8:35PM
    In the words of the hymn, "Be bold, be strong, for the season and the known unknowns in the New Year are with you!"
    (I may have made some of that up. >:))
  • md258
    md258 Posts: 186 Forumite
    100 Posts Second Anniversary Name Dropper
    Given that you've said there aren't any alternatives available and the amount you'd want off is pretty small, I would be inclined to suck it up and carry on. If you destroy the goodwill between you and the seller, they can cause you far more aggro over the next few weeks/months.

    I presume your mortgage company are dine with it?
  • md258 said:
    Given that you've said there aren't any alternatives available and the amount you'd want off is pretty small, I would be inclined to suck it up and carry on. If you destroy the goodwill between you and the seller, they can cause you far more aggro over the next few weeks/months.

    I presume your mortgage company are dine with it?
    Yes, no problem on the mortgage. That's what we decided on in the end - it's not worth annoying people over a few £k at this stage (we know how it feels, as our buyers have tried it with us over very minor issues), especially when we do see it as a long term place. I'd rather everyone is happy to crack on and hopefully work to a pre-Christmas completion!
  • GioSan
    GioSan Posts: 19 Forumite
    10 Posts Name Dropper
    gecko_alp said:
    md258 said:
    Given that you've said there aren't any alternatives available and the amount you'd want off is pretty small, I would be inclined to suck it up and carry on. If you destroy the goodwill between you and the seller, they can cause you far more aggro over the next few weeks/months.

    I presume your mortgage company are dine with it?
    Yes, no problem on the mortgage. That's what we decided on in the end - it's not worth annoying people over a few £k at this stage (we know how it feels, as our buyers have tried it with us over very minor issues), especially when we do see it as a long term place. I'd rather everyone is happy to crack on and hopefully work to a pre-Christmas completion!

    We are in a similar situation, but our Lender at the last min before releasing funds for exchange is asking for Completion certificates for the Underpinning which our Vendors doesnt have, the underpinning was done 25+ years ago and structural survey have proved it fine and no ongoing issues etc. Did you provide completion certificate to Lender? Who was your Lender?
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.