You are reading a single comment by @Howard and its replies.
Click here to read the full conversation.
-
Remember you aren't negotiating against the potential cost of the works - it's the uncertainty that you are trying to factor in to the price
i.e. the cost of putting away £10k in preparation of it, only to find out it costs £25k
or
you put away £25k to pay for it, it costs £7k
or
they say fuck it, and regenerate
and
You need to sell later on, before the works, potential buyers are put off by the uncertainty
So you know, at our place (50s low rise) communal decoration, abs removal, pointing, window repairs, new roof, estimate £17k, had been talking about it since we moved in 2011.
Do they know when they are going to bill us? Do they fuck!
Remember: few people want to buy LA property, even fewer with the potential for works hanging over their heads.
Howard
yowch. our block already had asbestos removal, double glazing done in 2008. its only 3 flats and one story high, and made of bricks... so hoping it wouldnt be that heavy a bill.
we're negotiating for a discount