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About to exchange - should I lower my offer?

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Comments

  • Look, we were cash buyers too. It doesn’t make that much difference as you still have to go through conveyancers. The market has really changed. I completed on my dream house on 5th September and I still love it.

    if I were buying this week, I would have made a lower offer. It’s the luck of the draw!😊
    My Username is tongue in cheek. Not meant to offend I promise….
  • Woolsery
    Woolsery Posts: 1,535 Forumite
    1,000 Posts Photogenic Name Dropper
    htcclub said:
    Now, I will have some specialist surveys done, if these flag over 5k of work, should I ask vendor to fix this prior to exchange? so that I don't need a new mortgage offer
    Never get a vendor to fix anything. You won't have a contract with whoever does the work, there may well be a bodge and many vendors won't want the hassle anyway.

  • Yes, get a professional to fix things, and include it in the reduction.
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    badger09 said:
    Yes, get a professional to fix things, and include it in the reduction.
    Precisely how do you propose OP ‘get a professional to fix things, and include it in the reduction’ when they don’t yet own the property? 
    Ok, get a professional to give a quote based on the survey and deduct it from the offer.
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    Look, we were cash buyers too. It doesn’t make that much difference as you still have to go through conveyancers. The market has really changed. I completed on my dream house on 5th September and I still love it.

    if I were buying this week, I would have made a lower offer. It’s the luck of the draw!😊
    5th September this year?
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