Price per sq m - good to justify an offer?

Singlespeeder

btcp said:

50k is around 5% of the price, I was reading that negotiation are generally acceptable within 10-15%. I will need to redo heating, windows are falling apart and floor in some areas is cement. I still have no offer in my house so
making an offer is a bit premature. I am just preparing. 

50k  is 5% ... So it's a £1,000,000  house? and needs new heating and the windows are falling apart ? 

btcp

davidmcn said:

The "expert" is a barely-qualified person going around ticking boxes on an app.

That’s sad! What’s the point than, sounds like waste of time and money. Is homebuyer report any different? Or also ticking boxes. 

btcp

Singlespeeder said:

50k  is 5% ... So it's a £1,000,000  house? and needs new heating and the windows are falling apart ? 

950k. boiler is 20 y.o., my gas engineers said boilers should be replaced after 12 max. wooden windows, not sure how old. with signs of rot in some places. 

Irishpearce26

btcp said:

Singlespeeder said:

50k  is 5% ... So it's a £1,000,000  house? and needs new heating and the windows are falling apart ? 

950k. boiler is 20 y.o., my gas engineers said boilers should be replaced after 12 max. wooden windows, not sure how old. with signs of rot in some places. 

Spending 950K on a house I would be getting as many professional surveys carried out as possible.

btcp

Irishpearce26 said:

Spending 950K on a house I would be getting as many professional surveys carried out as possible.

I know, totally agree!  but you can only start doing it after your offer is accepted. 

Irishpearce26

btcp said:

Irishpearce26 said:

Spending 950K on a house I would be getting as many professional surveys carried out as possible.

I know, totally agree!  but you can only start doing it after your offer is accepted. 

Depends on the seller, at 950K they would more than likely understand having surveys undertaken to help you progress your decision and it would indicate you are a serious buyer.

lookstraightahead

Get a full structural survey done. It will cost you more but it gives you a much clearer idea of what needs doing. My house I'm buying is a lot cheaper than yours, but needed a level 3 survey and a structural engineer report. You are spending a lot of money so get in the experts to check things out as far as possible. 

lookstraightahead

Irishpearce26 said:

btcp said:

Irishpearce26 said:

Spending 950K on a house I would be getting as many professional surveys carried out as possible.

I know, totally agree!  but you can only start doing it after your offer is accepted. 

Depends on the seller, at 950K they would more than likely understand having surveys undertaken to help you progress your decision and it would indicate you are a serious buyer.

I absolutely agree with this. It will need doing at some point. If it's a no go, at least the vendor will know what to expect next time.

ciderboy2009

btcp said:

Singlespeeder said:

50k  is 5% ... So it's a £1,000,000  house? and needs new heating and the windows are falling apart ? 

950k. boiler is 20 y.o., my gas engineers said boilers should be replaced after 12 max. wooden windows, not sure how old. with signs of rot in some places. 

I suggest you get a new gas engineer - your current one is just trying to get money out of you.
There is no reason why a decent, well maintained gas boiler should be replaced that quickly.  Mine is currently 25 years old and still going strong.  For the few minor problems we've had with it parts have been widely available.
Yes - a new one may be slightly more economical to run but nowhere near enough to justify the cost of replacing it.

With regards to the windows - have you checked to see if you are allowed to actually replace them?  (ie: could the house be listed etc).

At the end of the day though - if these things are clearly visible then the odds are that it's been priced taking them into account.

btcp

ciderboy2009 said:

I suggest you get a new gas engineer - your current one is just trying to get money out of you.
There is no reason why a decent, well maintained gas boiler should be replaced that quickly.  Mine is currently 25 years old and still going strong.  For the few minor problems we've had with it parts have been widely available.
Yes - a new one may be slightly more economical to run but nowhere near enough to justify the cost of replacing it.

With regards to the windows - have you checked to see if you are allowed to actually replace them?  (ie: could the house be listed etc).

At the end of the day though - if these things are clearly visible then the odds are that it's been priced taking them into account.

good point re gas engineer, thanks. I have no idea about it, just trusted him. Mine is 10 y.o. so I am not too worried yet. 

The house is not listed. Neighboring houses have double glazed windows in the same looking  houses.