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Interesting, so you said, we will accept your offer X, as long as you accept now that you will have to pay for this section 20 estimated at Y?
cjr-
ours was slightly different, ex-la southwark council leasehold so ours is that the block is part of a redevelopment/improvement scheme booked in for 2023-2026, but with no actual costs fixed (so no section 20 right now, but it would come up during the legal process anyway) so we just said we only wanted to accept offers where the buyers understood that this was coming and it would be on them
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Nothing to stop you from taking this position and it’s where you should start but unless the buyer is an idiot, or you have a queue of buyers, or you have underpriced by the cost of the estimate, it’s not where you’ll end.
Consider making the asking price the asking + the s20 estimate then only accept the asking price - if you don’t want to pay any of the s20.
rogan
Howard
We told our buyers of all the details of major works plans that we knew about once they'd made the offer and made the estate agents make sure they fully understood what this means before we would accept an offer