Is it too late to renegotiate the purchase price?

Herzlos

Charismaticpug717 said:

Firstly, the property was advertised as Council tax Band A - it's actually Band B. I should have checked, I know, but took the sellers at their word/thought the EA would have done their checks.

What's the difference in council tax between band A and B? Here it's about £20/month difference, so I wouldn't have thought that'd be a deal breaker.

The knotweed is definitely going to be a big deal if there actually is any.

TheJP

Charismaticpug717 said:

TheJP said:

Yes you can renegotiate at any time until exchange of contracts. 

The council tax band is your responsibility to check, it may have been an error by the EA so i dont see any grounds for renegotiating on  this. I doubt the difference would be much.

 The knotweed is something to have concern for, have you had a survey done on the property? Do you know where the knotweed is in relation to the property, there are management plans that can get rid of this which isnt too expensive and come with insurance.

what is the price of the house and what do you think you want to drop it by?

I'm waiting on the survey pack they should have - then I guess it'll depend on costs to rectify as to whether I walk away or offer a reduced price.

House was up at £205k and we agreed on £200k. I've read some management plans for KW can run into thousands, but until I know more I can't plan. 

I'll chase my solicitor today and hopefully get an answer 😅

You mention the survey pack they have, is this to do specifically about the KW? If so then that would suggest that it has been taken care off and is on a management plan?

Charismaticpug717

TheJP said:

Charismaticpug717 said:

TheJP said:

Yes you can renegotiate at any time until exchange of contracts. 

The council tax band is your responsibility to check, it may have been an error by the EA so i dont see any grounds for renegotiating on  this. I doubt the difference would be much.

 The knotweed is something to have concern for, have you had a survey done on the property? Do you know where the knotweed is in relation to the property, there are management plans that can get rid of this which isnt too expensive and come with insurance.

what is the price of the house and what do you think you want to drop it by?

I'm waiting on the survey pack they should have - then I guess it'll depend on costs to rectify as to whether I walk away or offer a reduced price.

House was up at £205k and we agreed on £200k. I've read some management plans for KW can run into thousands, but until I know more I can't plan. 

I'll chase my solicitor today and hopefully get an answer 😅

You mention the survey pack they have, is this to do specifically about the KW? If so then that would suggest that it has been taken care off and is on a management plan?

The pack I've been sent from their solicitor refers me to the pack - but there is no pack attached 🤣 I'm still waiting for my solicitor to get the pack...