Buyers want to reduce price of house - house valuation gone up.

ReadingTim

Renegotiating after a survey, especially if the issues aren't visible/obvious is pretty common.  You say remedial work was expected, and I'm sure it was to you, but to what extent was it to the buyer?  Did you highlight it explicitly when you claimed the property was "priced accordingly"?  

The risk is that if the current buyer drops out, any future survey/buyer will uncover the same issues, and also try and renegotiate, leaving you facing the same dilemma again.  Yes, the price will be higher, but the principle will be the same - how do you feel about that?

seradane

newsgroupmonkey_ said:

lookstraightahead said:

I would be watching the market very carefully as a buyer at the moment. It doesn't excuse their behaviour and personally I would not negotiate at this stage, but I think we're on the cusp of house prices stabilising. 

Why had it taken so long in the first place? Who had kept whom waiting?

You sound so like crashy.
This is not at all what is happening with the market. In the South of the country, there is a mad lack of stock. I’m looking over a vast area and selling in a completely different one.

Neither have regular 3 bed semis and people are being offered 10%+ over the asking.

It’s spring. There should be loads of houses coming onto the market, but there aren’t. New builds can’t keep up.
Round the corner from me, there are 8 new builds that have come up. 350 people went to see them and they’ve had over 50 offers so far (small developer, so is letting them find their own price)

Selling houses at and above market value is easy as pie. Finding somewhere else to buy is much more challenging.

TonyTeacake said:

Okey00001 said:

lookstraightahead said:

I would be watching the market very carefully as a buyer at the moment. It doesn't excuse their behaviour and personally I would not negotiate at this stage, but I think we're on the cusp of house prices stabilising. 

Why had it taken so long in the first place? Who had kept whom waiting?

along with pandemic lockdown, winter months , useless estate agent! I changed the estate agent - and things began to roll in a positive direction.

But I think we're on the cusp of house prices stabilising.

Totally agree that we might be seeing house prices stabilise or being reduced although this maybe subject to certain areas for the moment. You say your house has gone up in price in recent months? So let's say you don't accept the sellers new offer will you remarket with the possibility to be in the same position again further down the road if a new seller wants to renegotiate after a survey would you argue the fact if house prices have gone up again in the last few months.

I would be watching the market very carefully as a buyer at the moment.

This is a key point has I have mentioned to a lot of people in other forums they are a lot of uncertainties in the world at the moment and I know some people don't like to hear this but has this year goes on many people will be hit hard with rampant inflation and higher interest rates. There will less demand for property purchases and prices will start to fall, it won't happen overnight but is coming and the possibility of a bad recession will cause this biggest bubble in housing history to crash really hard.

Thanks Crashy.  How's the bedsit?

Can we please not get into the habit of calling every user that doesn't have the opinion that house prices will 100% go up the entire time as Crashy under another username? 

I have no time for him (I've had him blocked for ages, though it appears he was banned some time ago?) and do believe that buying yourself a house will be the correct move for most people 90% of the time, but @lookstraightahead especially is absolutely correct that if your life throws you a curveball (divorce, etc), owning your own house can indeed turn out to be a negative.

That doesn't mean they're a member of the HPC brigade!

newsgroupmonkey_

seradane said:

That doesn't mean they're a member of the HPC brigade!

I didn't say he WAS Crashy, I said he sounded like it.

I get that we all need to be careful, but constantly telling people that their houses are overvalued, or that a slump is about to happen or just because they paid less than the asking price (which is highly unusual in this market) is very, very tiring.

We could all be like the Daily Express idiots that forecast snow next week, but realistically, all we have to work with is the here and now. Right now, in most areas of the country, any house priced remotely reasonably will sell very, very quickly. There is a massive lack of stock.

lookstraightahead

newsgroupmonkey_ said:

seradane said:

That doesn't mean they're a member of the HPC brigade!

I didn't say he WAS Crashy, I said he sounded like it.

I'm female, but that's ok. 👍

eidand

One option would be to tell them you're no longer selling to them, put the price up and then re-market.

newsgroupmonkey_

lookstraightahead said:

newsgroupmonkey_ said:

seradane said:

That doesn't mean they're a member of the HPC brigade!

I didn't say he WAS Crashy, I said he sounded like it.

I'm female, but that's ok. 👍

Apologies. No offence meant.

GDB2222

newsgroupmonkey_ said:

lookstraightahead said:

newsgroupmonkey_ said:

seradane said:

That doesn't mean they're a member of the HPC brigade!

I didn't say he WAS Crashy, I said he sounded like it.

I'm female, but that's ok. 👍

Apologies. No offence meant.

https://www.justice.gc.ca/eng/rp-pr/csj-sjc/legis-redact/legistics/p1p15.html

The Canadian Justice Dept says: 

In the past, the masculine pronoun was commonly used in the English language to signify the non-specific "he or she". The Interpretation Act provides that references to female persons include male persons and vice versa. Subsection 33(1) reads:

33. (1) Words importing female persons include male persons and corporations and words importing male persons include female persons and corporations.

I am sure that in the UK, we have something similar.

The real solution is one of two possibilities:

• 'They' no longer implies plurality, as it does at the moment, and simply implies non-specific gender.
• We invent a new non-specific singular pronoun. How about Ze and Zim?

Slithery

My pronouns are 'let's get this' and 'bread'...

seradane

GDB2222 said:

newsgroupmonkey_ said:

lookstraightahead said:

newsgroupmonkey_ said:

seradane said:

That doesn't mean they're a member of the HPC brigade!

I didn't say he WAS Crashy, I said he sounded like it.

I'm female, but that's ok. 👍

Apologies. No offence meant.

https://www.justice.gc.ca/eng/rp-pr/csj-sjc/legis-redact/legistics/p1p15.html

The Canadian Justice Dept says: 

In the past, the masculine pronoun was commonly used in the English language to signify the non-specific "he or she". The Interpretation Act provides that references to female persons include male persons and vice versa. Subsection 33(1) reads:

33. (1) Words importing female persons include male persons and corporations and words importing male persons include female persons and corporations.

I am sure that in the UK, we have something similar.

The real solution is one of two possibilities:

• 'They' no longer implies plurality, as it does at the moment, and simply implies non-specific gender.
• We invent a new non-specific singular pronoun. How about Ze and Zim?

The problem is already solved? "They" in the English language is both singular and plural and has been for quite some time.

For e.g. I am talking about my roommate. I say, I am annoyed that they are eating all my food.

What else would you use?

GDB2222

seradane said:

GDB2222 said:

newsgroupmonkey_ said:

lookstraightahead said:

newsgroupmonkey_ said:

seradane said:

That doesn't mean they're a member of the HPC brigade!

I didn't say he WAS Crashy, I said he sounded like it.

I'm female, but that's ok. 👍

Apologies. No offence meant.

https://www.justice.gc.ca/eng/rp-pr/csj-sjc/legis-redact/legistics/p1p15.html

The Canadian Justice Dept says: 

In the past, the masculine pronoun was commonly used in the English language to signify the non-specific "he or she". The Interpretation Act provides that references to female persons include male persons and vice versa. Subsection 33(1) reads:

33. (1) Words importing female persons include male persons and corporations and words importing male persons include female persons and corporations.

I am sure that in the UK, we have something similar.

The real solution is one of two possibilities:

• 'They' no longer implies plurality, as it does at the moment, and simply implies non-specific gender.
• We invent a new non-specific singular pronoun. How about Ze and Zim?

The problem is already solved? "They" in the English language is both singular and plural and has been for quite some time.

For e.g. I am talking about my roommate. I say, I am annoyed that they are eating all my food.

What else would you use?

It's pretty obvious from what I said above, that I would use one of the following, whichever is appropriate.

I am annoyed that he is eating all my food.

I am annoyed that she is eating all my food.

I am annoyed that ze is eating all my food.  (Except that ze is not commonly used, at the moment, so I would hesitate with that one.)


Your version  "I am annoyed that they are eating all my food" leaves me wondering whether you have rats as well as a hungry room mate, perhaps.  At the very least, it's confusing and ambiguous.