Areas of concern from valuation report HELP!

Ian_W

LLH,
Sorry to hear it looks like you've lost the place, "bummer" just about sums it up.
Difficult to advise on your buyers, in fairness to them unless you can find another place fairly quickly or they're prepared to wait, it is going to be difficult to keep them onboard.

I'd always try to keep them informed of what's happening personally, rather than leave it to the EA, if you have their contact details. At least if they know you've tried very hard to make an acceptable deal and you're now actively looking for an alternative they may give you some more breathing space.

Lost props in the past myself [perhaps not quite as dramatically as this] and always found it worked out better in the end. Hope it does for you.

rozeepozee

Don't think I can add anymore by way of advice but I empathise - it's been one helluvan experience and I hope things work out well, even if you don't end up with this house. I am a bit of an 'everything happens for a reason' person. My thoughts are with you

LouLouHelen

After turning down our revised offer, we received a call on Friday morning saying the vendor would proceed on the basis offered!!!!! :j :j :j

We have been in and seen the boiler working, checked the radiators and the hot water. They had left us a note saying that the had turned the boiler on the night before and it all seemed fine and giving us instructions on how to work it. The note also said that the shower was now working. They also offered us the washing machine for £50. Their attitude towards us seems to have changed!

We are not counting our chickens until we have exchanged though.

What are the chances of getting the keys before completion so we can get electricians in etc? Are we safe in doing this or is this not a good idea?

THANKS ALL for your opinions I really don't think we would have been brave enough to stick to our guns it if wasn't for this site. Fingers crossed we have had our fair share of hurdles and it all goes through ok.

Doozer - I have sent you a PM.

Ian_W

Fingers crossed then, LLH!!

Hopefully, the vendors [Bodgit & Scarper!] might have learned the lesson for future projects that that boring things like electrical safety, are more expensive for them if not fixed, than the really interesting stuff like nice kitchen tiles!

Reference the keys, wouldn't have thought it's a good idea to start spending before you've completed - but maybe a legal eagle like rozzee is better placed to advise.

Slider

Dear LLH,

Good news.

There is a scheme called (I think) "licence to occupy" which allows you into the property before completion.

I have done it once on a new build, which allowed us to move in over the Christmas holiday and complete in the new year.

Talk to your solicitor, but I think even if you can get access, don't start major expenses until actual completion.

rozeepozee

LouLouHelen wrote:

What are the chances of getting the keys before completion so we can get electricians in etc? Are we safe in doing this or is this not a good idea?

I'm retired and never did conveyancing, so the previous poster is more up to date on new schemes.

Dredging back into my memory to my long ago conveyancing lectures (yawn!)... once you have signed contracts the house is legally yours in that neither party can back out and a sale could be forced if one of you attempted to, although, technically,it's not yours until the date of completion when it's transferred into your name/s. In my experience, solicitors advise against sellers handing their keys over until completion however, so the sellers would only be following advice if they didn't, although there's nothing in law to stop them. It depends on the circumstances too. Obviously in many cases, you can't get in before completion because someone is still living there! There's a bit more flexibility where there's an empty house. You can but ask!

And I am delighted for you buy the way - best of luck!

LouLouHelen

Thanks all!

What you are saying makes sense and I thought it would be the case. We'll just have to wait until completion before getting on with the work required!