Reduced price for redecoration

eidand

AskAsk said:

Horrible when you sell to someone who obviously doesn't want to buy.

well, you're not selling to them then, are you ?

Crashy_Time

Exactly, give them a decent discount, enough to make them feel happy with their purchase or just find another buyer.

jimbog

AskAsk said:

Horrible when you sell to someone who obviously doesn't want to buy.

I never ever really thought about this to be honest. How long ago was it? 

MaryNB

[Deleted User] said:

Densol said:

How absolutely ridiculous ! Im guessing first time buyers ? That would annoy me immensely because if you did change the price, their mortgage offer would need changing. Tell them in strong terms to get lost. Hope you exchange soon ! 

We’ve just had a mortgage offer on our house, we’re FTB. 

The homebuyers survey came back with a few niggly things like, the roof needs cleaning, one of the drains was slightly blocked outside, a couple of the recessed spotlights need refitting, there’s a few chips on the kitchen worktops (we’re getting a new kitchen anyway), there’s a slight crack in one of the bathroom tiles.....the vendors, bless them, were worried we’d ask for money off. 

I don’t know if it’s just us being realistic and pragmatic about things but no way were we going to ask for money off because it’s tiny things that we can sort ourselves. 

But from reading these forums, a lot of FTB are panicking over very small things. 

I'm an FTB and my homebuyers for a 1900 Victorian terrace house came back with lots of reds and I was fairly spooked at first. But when I went through the fixes, none were major. And given I've rented rooms in similar properties, none were that surprising. The key things were the line "as expected for a property of this type" and the fact the valuation matched my offer. My friend's sister is selling a similar property and the buyers (not FTB) got £5k off because there might be damp. Ridiculous. (They now want a damp survey because apparently the lender is insisting one it despite no issues with the valuation. Sellers are also refusing to show them any part of the homebuyers relating to their concerns.) Think people need to manage their expectations for the kind of house they're buying.