Undisclosed major works needed to flat, how much should I reduce my offer?

Hoenir

vlw2121 said:

The seller didn't disclose any of this, I caught a stray line in the management pack which referred to a 10 year plan and managed to get it off the management company. I'm quite angry/upset as the seller clearly knew a lot of this information.

I've asked for a 10% reduction given the amount of work and the massive affordability issues but the seller is pushing back saying that he can't afford his onward purchase if I do that.

Sounds as if somebody was trying to exit undetected. 

I'd be looking at alternative properties as the chain seemingly is likely to collapse. 

EssexHebridean

I think the thing that would be niggling at me would be that if the seller was prepared to lie about something as checkable as the service charge, then what else has he lied about? 

JM68

Based on the known lies (about the service charge) and a service charge that high for a small flat, which will make re-sale very hard in the future, I would cut my losses and walk.

The prospect of major works in coming years on top of that would make my walk turn into a run.