We are selling our home we own outright ( inheritance) and it was valued at £78,000. We wanted a quick sale as had an offer accepted in another property so put it on market for £65,000. We had two offers at asking price and now the buyer has had his survey it says it recommends an electrical certificate as the fuse box is dated. Whilst I understand them wanting peace of mind, they also know they are paying £13,000 less than it’s worth to start with. The problem is, they are insisting we pay the £100 to get a certificate for the fuse box, and our estate agent agrees with him and says it has to be done as his solicitors will insist too. I feel we shouldn’t have to pay for the buyers checks as we have to pay our own on new property. I’m worrying too in case it actually shows something and he tries to knock more money off. It was fully rewired approx 26 years ago and we have genuinely never ever had an issue with electricity in our home. I’m not sure who is right and who isn’t . He is getting a bargain as it’s had a full bathroom refit and new boiler in last 5 years which is serviced annually. Can anyone advise? This is our first time buying and selling xxxx
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