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Renegotiating a Price based on Survey Results

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  • KittenChops
    KittenChops Posts: 475 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    re the oil tank - is where it's sited up to current regs?
    because if you have to get a new oil tank, the supplier/installer will want the site to be compliant (e.g. not next to a wooden fence without bunding) before they will agree - which will obviously cost more than just a new tank
    https://www.oftec.co.uk/consumers/off-gas-grid-guides/home-guide-to-domestic-liquid-fuel-storage-up-to-3500-litres
  • newbieni
    newbieni Posts: 216 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    **Update**

    The seller has advised that they were aware of some of the issues and has agreed to a lower price that would cover the remedial work required.

    Due to the issues with the oil tank and the problems with the oil burner, I think that it makes more sense to transition from oil to gas. Has anyone else done this and is it recommended? 
  • theartfullodger
    theartfullodger Posts: 15,708 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Many might respond that they didn't realise that the price was flexible, that being the case it just went up £6k...

    Your shout ..
  • youth_leader
    youth_leader Posts: 2,920 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Just for your interest, I've just bought new house insurance today with Admiral.  One of the questions was 'is the property heated by oil'?.  My previous house had oil, I don't remember ever being asked this question before.

    It is easy to change from oil to gas - but I think gas is more expensive?  
    £216 saved 24 October 2014
  • KittenChops
    KittenChops Posts: 475 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 27 January at 12:06PM
    newbieni said:
    **Update**

    The seller has advised that they were aware of some of the issues and has agreed to a lower price that would cover the remedial work required.

    Due to the issues with the oil tank and the problems with the oil burner, I think that it makes more sense to transition from oil to gas. Has anyone else done this and is it recommended? 
    https://forums.moneysavingexpert.com/discussion/6582818/switching-from-oil-to-gas/p1

  • caprikid1
    caprikid1 Posts: 2,447 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Don't forget that if you reduce the price by £6K you will need to retain £6K to pay for the works, as a percentage depending on the price etc it could affect your mortgage deal depending on the level of deposit you have.
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