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Property price renegotiation after offer has been accepted...

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  • london21
    london21 Posts: 2,142 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    You can ask but likely get a NO. 

    The valuation has come back ok so on what basis do you think the seller will accept a reduction?

    There is a lot of demand, seller will likely relist. 
  • Gavin83
    Gavin83 Posts: 8,757 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    JohnnyB70 said:
    If a buyer did this to me I’d pull out of the sale and re-market the house.

    Someone who plays games like this is likely the sort of person who’ll do it again at exchange, and life’s too short for that sort of hassle.
    I agree, I'd also re-market in this situation. I'm not willing to get messed about or work with people who go back on a deal.

    The time to bargain on the price is when you put your offer in, not half way through the process.
  • newsgroupmonkey_
    newsgroupmonkey_ Posts: 1,269 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    Gavin83 said:
    JohnnyB70 said:
    If a buyer did this to me I’d pull out of the sale and re-market the house.

    Someone who plays games like this is likely the sort of person who’ll do it again at exchange, and life’s too short for that sort of hassle.
    I agree, I'd also re-market in this situation. I'm not willing to get messed about or work with people who go back on a deal.

    The time to bargain on the price is when you put your offer in, not half way through the process.
    Unless there's something major that comes along that changes the whole deal. Let's not pretend that this happens regularly.
    A completely broken roof, subsidence or whatever.
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