You are reading a single comment by @spenceey and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
spenceey
Fark.
Things are unraveling on our purchase a bit.
Original asking price was £250k. Ended up offering £10k over in order to get it, as there was another offer.
It ended up with us being accepted, based on us being the most likely to proceed, plus that the vendor apparently didn't want it to continue as a bidding war and had been happy to just get the asking price.
Fast forward several weeks and the survey flagged a load of fairly significant works, mainly damp related - damp on all floors, lack of DPC, leaking roof, render on whole gable wall (3 storeys) needing replaced, chimney leaking, the list goes on.
We had a builder in who quoted ~£28k for fixing the immediately necessary bits, and we estimate there's another £15-20+k to get the house properly sorted on top of that.
We went in low, taking £32k off our offer.
EA has come back saying that vendor will only drop £5k and is prepared to go back on the market or to the other party that originally offered.
We were expecting a level of negotiation, but only dropping £5k (which is then still £5k over what she had originally be 'happy with') seems like a total piss take.
Grrrrrrr. Time for some hard ball on our part I think.