Level 3 survey has raised several issues, how would you approach renegotiating?

jonnydeppiwish!

https://forums.moneysavingexpert.com/discussion/6673525/level-3-survey-has-raised-several-issues-how-would-you-approach-renegotiating

In the whole of those bits you’ve posted, there’s nothing I wouldn’t expect of a house of that age. You may get a few £s of the conservatory movement buts that’s it.

Bigphil1474

OP, as above, depends what it was marketed at, how your offer reflects that, what the surveyor valued it at etc. before you can start negotiating the price down from the price you already agreed. If it's a probate sale it can go either way - family are just wanting rid in which case there's a chance to renegotiate, or the family are wanting to maximise their inheritance and won't budge. If it was me, I'd get some estimates of the work then ask for a proportion off that amount off the house price as unexpected works being required. Any reasonable executor would at least consider that, especially if the house was a slow seller. You need to think where your red line is if they say no.

stuart45

In my experience of working for developers and agents, probate sales are normally the best ones for getting a price reduction. As Bigphil1474 said though, it can be the opposite if there's no need to sell, or a family member refuses.

A developer doesn't really care as much, as he can walk away if he can't get it cheap enough.

peterhjohnson

Have a look on Rightmove to see what similar local properties needing modernisation have sold for recently. That should give you an idea of what your offer should be.