PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Help Needed: How Much Should I Negotiate After Survey Findings?

Options
2»

Comments

  • user1977
    user1977 Posts: 17,880 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Lets_fly said:
    user1977 said:
    Lets_fly said:
    There’s not much there that would warrant any reduction if the property is a few years old. Im not even sure anything there requires ‘URGENT’ attention. You’d expect most of that with say an old terraced house - so you can see if you can negotiate e minor discount but don’t expect to be shaving thousands off. In its current state it hasn’t collapsed for the current owners and likely won’t collapse for you either. Most of those things are just regular upkeep and maintenance that you’d expect in a house of a certain age. 
    The electric rewiring might be big cost? as its not been updated since I guess 1980's. 
    But presumably you figured that out by yourself and took it into account when offering? I presume the property wasn't marketed as having been recently rewired?
    When I viewed I did not think of  electric wiring :( . I was more into what I see with eyes like flooring and condition of the house. 
    But generally was the rest of the house also not updated recently?

    There's (probably) no real need to update the wiring, in the same way that you don't need to update the kitchen or bathroom if they work. So in the same way that you can't now ask for a deduction for the kitchen/bathroom you've now decided you'd like to get, you're hardly likely to justify asking for the cost of a full rewire to be taken off.
  • dinosaur66
    dinosaur66 Posts: 272 Forumite
    100 Posts
    under the stairs is normal / 
    the rest of the statement in the report about boiler is  just a what if .
    for the property it sounds fine

    rest reads as standard

    as for electrics
    i read it as your switches/ electric sockets / are dated
    thats nothing / everyone replaces these when you modernise a older house /any  big bootsale in may/.june you will see boxes of these for sale

    report says rewiring might be necassary
    rewiring a house will cost 6k ballpark figure either way

    EIHC report will cost about £160 and will tell you condition of the electrics in your future property 99% better than the survey
    if it passes then it will only be a few pounds to change all your light switches and power sockets to nice new fittings.

    just because survey said it is old does not mean it is all not working fine
    as has been said they are just covering there backsides

  • turnemc
    turnemc Posts: 14 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I’d have a think about how upset you’d be if the seller pulled out when you try to re-negotiate. The survey report hasn’t picked up any massive issues. It’s all things you can sort bit by bit over the next few years as you get to know the house …….
  • Bigphil1474
    Bigphil1474 Posts: 3,576 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    £0. 

    Our old house had electrics that hadn't been touched since the 80's. Electrician had a look, changed the consumer unit, changed a few sockets, all good, £400 thanks. 

    Our current house had a very lengthy survey report that identified all sorts of issues, and other than the electrics which the vendors agreed to get tested and certified, we weren't concerned by any of it. The electrics were fine.
  • Maahes
    Maahes Posts: 79 Forumite
    10 Posts First Anniversary Photogenic
    £0. 

    Our old house had electrics that hadn't been touched since the 80's. Electrician had a look, changed the consumer unit, changed a few sockets, all good, £400 thanks. 

    Our current house had a very lengthy survey report that identified all sorts of issues, and other than the electrics which the vendors agreed to get tested and certified, we weren't concerned by any of it. The electrics were fine.

    I echo this. The survey on my 1980s house came back with a Level 3 for the electrics. I had a new electric shower fitted shortly after we moved in and the electrician checked the consumer unit and had a general look and found nothing of concern.
  • Albermarle
    Albermarle Posts: 27,999 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Lets_fly said:
    user1977 said:
    Lets_fly said:
    There’s not much there that would warrant any reduction if the property is a few years old. Im not even sure anything there requires ‘URGENT’ attention. You’d expect most of that with say an old terraced house - so you can see if you can negotiate e minor discount but don’t expect to be shaving thousands off. In its current state it hasn’t collapsed for the current owners and likely won’t collapse for you either. Most of those things are just regular upkeep and maintenance that you’d expect in a house of a certain age. 
    The electric rewiring might be big cost? as its not been updated since I guess 1980's. 
    But presumably you figured that out by yourself and took it into account when offering? I presume the property wasn't marketed as having been recently rewired?
    When I viewed I did not think of  electric wiring :( . I was more into what I see with eyes like flooring and condition of the house. 
    If it has an old style fuse box, then this will need upgrading to a new consumer unit - cost approx £1000 . However the surveyor should have mentioned that if it was the case.
    As long as the wiring is PVC/ plastic coated and in good condition, then usually re wiring is not an urgent item, more something that would be good to do at some point.
    Some of the older wiring in our house is late 1960’s, but no electrician we have had in for various jobs has ever said it was an issue.
    As said you can get someone in to do a electrical report if you want
  • MysteryMe
    MysteryMe Posts: 3,440 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Most of that is general maintenance or nice to haves. How did the price compare to a similar property that was in better condition? 

    Surprised that there was no mention of the consumer unit, especially when implying a rewire is likely.





  • youth_leader
    youth_leader Posts: 2,920 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Good luck.  I remember cleaning and cleaning the kitchen to try and get rid of the 'fishy' smell ... was the bakelite lamp holder.  Was glad to get a new fitting!
    £216 saved 24 October 2014
  • RelievedSheff
    RelievedSheff Posts: 12,691 Forumite
    10,000 Posts Sixth Anniversary Name Dropper Photogenic
    Absolutely nothing in that survey that warrants a reduction in price.

    You knew the age of the property when you viewed it and offered on it.
  • Lets_fly
    Lets_fly Posts: 37 Forumite
    10 Posts First Anniversary
    MysteryMe said:
    Most of that is general maintenance or nice to haves. How did the price compare to a similar property that was in better condition? 

    Surprised that there was no mention of the consumer unit, especially when implying a rewire is likely.





    Price was same compared to other houses. Its hard to compare as other house had an rear extension but the same condition as ours. But our house has scope for a side extension 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.