Re negotiating house price after mortgage approval

AAZ

I have an approved mortgage application for house. We have done a house survey which identified serious root ingrowth in drain. I am hoping to renegotiate house price if possible, how does it affect the mortgage, is there much issue with bank in general ?

csgohan4

how much will it cost to repair? changing a mortgage offer may be quick, may take time, depends on lender and current turn around

If the cost is less than £500 , is it worth holding things up? are you in a chain e.t.c?

AAZ

csgohan4 said:

how much will it cost to repair? changing a mortgage offer may be quick, may take time, depends on lender and current turn around

If the cost is less than £500 , is it worth holding things up? are you in a chain e.t.c?

We are both chain free, we don't know the exact cost of getting root out, as surveyor advised for CCTV survey for drain to get extent of damage but each checking point he opened were full of root. The house had a large oak tree which was removed in past because of ingrowth of root, but its stump is still there and likely the roots are still not removed completely.

The house is a renovation project and we had factored the cost of updating the house but this drain issue is a new which has been picked up on the survey