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Would you give lower offer?

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Comments

  • It could be if the boiler is an expensive model and is on the verge of breakdown? What about if they don`t hoover, don`t  service the boiler AND let the roof fall into disrepair, is that a good reason?
  • warwick2001
    warwick2001 Posts: 371 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 7 September 2022 at 2:41PM
    It could be if the boiler is an expensive model and is on the verge of breakdown? What about if they don`t hoover, don`t  service the boiler AND let the roof fall into disrepair, is that a good reason?
    I think it's quite the jump from not hoovering the carpet to allowing the house become a derelict hovel. But if that's logical reasoning, then who am I to argue

    There's a weed in the garden! Quick, condemn the house, and tear it down!!!!
  • sheramber
    sheramber Posts: 23,154 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    It could be if the boiler is an expensive model and is on the verge of breakdown? What about if they don`t hoover, don`t  service the boiler AND let the roof fall into disrepair, is that a good reason?
    That should be taken into account before making your offer.
  • user1977
    user1977 Posts: 18,354 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    edited 7 September 2022 at 2:52PM
    It could be if the boiler is an expensive model and is on the verge of breakdown? What about if they don`t hoover, don`t  service the boiler AND let the roof fall into disrepair, is that a good reason?
    If the boiler has actually broken down (regularly serviced boilers are still going to break down eventually) or the roof is actually in disrepair, yes, those might justify adjusting the price.
  • It depends where you are in the country and whether you already submitted a formal offer. 

    • If a property is listed for 425k in London, they may well accept 400k for instance, but this is normally applicable not for new-builds. If it was newbuild you're may be looking at 5-10k leeway on the asking price. This doesnt apply in some places where properties are listed at closer to expected offer value, or scotland, where the system is a complete mystery to me. 
    • However if you are talking about having made an offer and haggling down (post-acceptance) over the issues listed, that is not going to work out well and isn't the done thing. your offer is based on the condition you understand the property to be in. Haggling like that would only be acceptable if the seller misrepresented or was unaware of the poor condition of and aspect of the property (think damp, roof, etc) or there were issues with leasehold/covenants etc. This would be the result of legal searches and property survey.
  • hi all
    so just a general question, if you viewed a 6 to 7 year old flat or house that you liked but you noticed the following issues:

    - some dents on hardwood floor
    - shower mixer chrome plate cosmetic damage by wrong cleaning materials (expensive mixer)
    - few stains on bedroom carpet

    would you either put forward lower offer and if so by how much?
    or would you walk away?
    Have you had a valuation done?
  • Ath_Wat
    Ath_Wat Posts: 1,504 Forumite
    1,000 Posts Name Dropper
    user2019 said:
    It depends where you are in the country and whether you already submitted a formal offer. 

    • If a property is listed for 425k in London, they may well accept 400k for instance, but this is normally applicable not for new-builds. If it was newbuild you're may be looking at 5-10k leeway on the asking price. This doesnt apply in some places where properties are listed at closer to expected offer value, or scotland, where the system is a complete mystery to me. 
    • However if you are talking about having made an offer and haggling down (post-acceptance) over the issues listed, that is not going to work out well and isn't the done thing. your offer is based on the condition you understand the property to be in. Haggling like that would only be acceptable if the seller misrepresented or was unaware of the poor condition of and aspect of the property (think damp, roof, etc) or there were issues with leasehold/covenants etc. This would be the result of legal searches and property survey.
    While obviously you can make a lower initial offer based on the things the OP describes if you want to (or on anything else) it should be pointed out that you would be well-advised not to say you are doing so, as everyone involved in the transaction will think you don't have a clue.  If the OP wants to put forward a lower offer they should just put it forward, no need to justify it.
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