We made an offer on a house on the basis that it needed some work. Survey has brought up a whole host of issues that we couldn't have known when we made the offer.
We made a reduced offer based on the cost of the most serious elements. New offer is £20k less - under 10% of original offer.
The vendors won't budge. We've given them a copy of the survey, details of quotes, reconfirmed that we can move quickly. I've said we're open to negotiations.
They are obsessed with a house up the road that has apparently sold for £25k more than our original offer. But this other house is worth that - new roof, new bathroom, kitchen, garden landscaped etc.
They've also said they can't negotiate on the property they are buying.
I feel completely stuck. I can't buy a house with the amount of work that is required. But there doesn't seem to be anything else on the market.
Should we just walk away?
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Sellers won't budge on price post survey
50 replies
VacheEspanol · 12/08/2015 21:45
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