You are reading a single comment by @aggi and its replies. Click here to read the full conversation.
  • Can I have a sense check from someone? We're close to purchase on a house which had a few things come up in the survey that we had looked into further by specialists - which ended up with us asking for a ~1.5% reduction on purchase price. These were things recommended by (for example) gas safe engineer/electricians as 'requiring urgent remedy' as well as a few bits of work to address condensation in the loft and minor penetrating damp.

    Firstly - how reasonable is it to expect a reduction for such things? I know the answer is ultimately how long is a piece of string/how badly do we want the property - but we are trying to act in good faith, but without screwing ourselves.
    Secondly - the estate agent has come back with a "non-negotiable" final figure which is way off from the reductions we asked for - "non-negotiable" is just estate agent guff right?

    1st time buyers so don't know if the estate agent is just twisting the screws or if we're being unrealistic. We've had 2 fall through so really cba to lose this one.

  • As you say, how long is a piece of string.

    My view is that if it's something that you could have picked up from the viewings or would expect from a property of that age/state of repair then a post-offer reduction is a bit cheeky. If it it could only be picked up by surveyor/expert and is unexpected then fair enough, try for a reduction.

    People can be strange though, they've agreed a fee and aren't budging or maybe they have a bottom line figure for their next purchase and won't go lower. It's tough to make a call, you can probably push for lower but you may not get it.

About

Avatar for aggi @aggi started