What does the estate agent mean?

Bigphil1474

They aren't just for rental properties, they are basic asks from buyers these days. We got them done on our house after the first buyer questioned them (even though they ultimately pulled out), the people we bought off got them done on their house after our solicitor asked about them (and they had to do a bit of remedial work), and the people they bought off got them done - our vendors were talkative people. It's a couple of hundred quid to cover off some potential key property issues.

ReadySteadyPop

Bigphil1474 said:

They aren't just for rental properties, they are basic asks from buyers these days. We got them done on our house after the first buyer questioned them (even though they ultimately pulled out), the people we bought off got them done on their house after our solicitor asked about them (and they had to do a bit of remedial work), and the people they bought off got them done - our vendors were talkative people. It's a couple of hundred quid to cover off some potential key property issues.

Interesting.

ReadySteadyPop

JGB1955 said:

I imagine that they mean feedback from viewers suggests that the sale price is too high, taking into account the modernisations required.

In that case it is very easy to drop the sale price, that is the easiest lever to use if you want a sale.

newsgroupmonkey_

Bigphil1474 said:

They aren't just for rental properties, they are basic asks from buyers these days. We got them done on our house after the first buyer questioned them (even though they ultimately pulled out), the people we bought off got them done on their house after our solicitor asked about them (and they had to do a bit of remedial work), and the people they bought off got them done - our vendors were talkative people. It's a couple of hundred quid to cover off some potential key property issues.

Whereas our purchaser asked did we have one and the answer was a firm "No, but you can pay for one if you want"

I'm not sure what it's going to help. We get our boiler serviced annually.
An EICR is going to tell you that your wiring's old and doesn't adhere to the 2025 regulations.

No wotsit Sherlock! The house was built in 1969.

FTR, it's not a basic ask from a buyer. Solicitors will ask the question. They don't expect a "yes".

ReadySteadyPop

newsgroupmonkey_ said:

Bigphil1474 said:

They aren't just for rental properties, they are basic asks from buyers these days. We got them done on our house after the first buyer questioned them (even though they ultimately pulled out), the people we bought off got them done on their house after our solicitor asked about them (and they had to do a bit of remedial work), and the people they bought off got them done - our vendors were talkative people. It's a couple of hundred quid to cover off some potential key property issues.

Whereas our purchaser asked did we have one and the answer was a firm "No, but you can pay for one if you want"

I'm not sure what it's going to help. We get our boiler serviced annually.
An EICR is going to tell you that your wiring's old and doesn't adhere to the 2025 regulations.

No wotsit Sherlock! The house was built in 1969.

FTR, it's not a basic ask from a buyer. Solicitors will ask the question. They don't expect a "yes".

Sounds like some time ago? Sellers now would just be left hanging if they annoyed a buyer like that.