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AIBU?

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Reduction in offer price for House

65 replies

Weightypenguin · 13/02/2025 09:41

Hello!

Long story short, I am in the process of buying a house. When we viewed it, we asked the obvious questions around gutters, roof, boilers and if there are any known issues or previous surveys that highlighted serious risks to the agent, they said no and we followed that up with an email to them where in writing they said no. When we viewed the house we were told: boiler was recently serviced and not to turn any lights on (red flag and that should have gotten alarm bells ringing).

We made an offer, had the survey done and it flagged the roof as an issue, list as long as my arm of defects. But also mentioned that the boiler was faulty and electricity is dangerous. Had a specialist electrician produce a report and he confirmed it is dangerous, failed the safety and said downstairs lights don’t work.

Agent insists lights do work, which is a lie. One of them came to the house with me a second time and tried to turn them on and failed. When i mentioned the survey results, she now tells me that the seller has always said the wiring is a relic and belongs in a museum. None of this was mentioned to us until we did the survey. When I told her that her boss refused to let us turn the lights on, she says it’s standard practice when viewing property. A lie I know as I’ve visited close to 50 properties before this one.

I want to know am I unreasonable in asking for a reduction in price to remedy the issues identified?

TL:DR - estate agent lied about defects of the house I’m buying, paid for survey results that prove I was lied to, am I being unreasonable to request a price reduction?

OP posts:
Cosyblankets · 13/02/2025 09:58

The point of a survey is to find out if any work needs doing then get quotes etc and then decide how to proceed. It's normal

Weightypenguin · 13/02/2025 09:57

Doggymummar · 13/02/2025 09:51

Was it a proper survey, rather than a homebuyers survey? They do look scary and are there to guide your next move. Which should be pricing the work, then negotiating a discount.

Thanks - it was a full one and an Adonai asbestos and electrical safety one. So we will go back to the agents and ask for a reduction. If they say no, we need to think of our next move.

OP posts:
Weightypenguin · 13/02/2025 09:56

TwoFatDucklings · 13/02/2025 09:48

If you like the house and are happy to go ahead knowing what work needs to be done having had a full survey (it was a full survey??? Make sure you know everything that's wrong with it!), the agents acting like this wouldn't put me off.

But yes, get quotes for the work that needs doing and drop your offer by that amount and explain why. Perfectly reasonable and ordinary thing to do

Thanks - that is what I have done, I’ve tried to be reasonable and will probably only ask for 65% of the total remediation costs as we do like the house and the area. Friends have said that they too had tonnes of issues when they bought but are happy now that all the works are done.

OP posts:
Weightypenguin · 13/02/2025 09:52

YouDeserveBetterSoAskForIt · 13/02/2025 09:44

Don't buy the house and don't use those agents again.

They have lied about all those things, why the heck would you want to proceed with the house?

I would be informing them that they are unethical and I would be seeing if there is a way to report them. I do believe there are guidelines that agents legally must follow. Directly lying will be in violation.

YABU to even consider making another offer at all.

Thanks - I agree I will be reporting the agents to the Trading standards and their regulator. Thankfully I always insist on communications to be via email so I have plenty of proof that they lied.

OP posts:
Member984815 · 13/02/2025 09:51

Pull out completely, survey won't even have picked up everything wrong. It'll be a moneypit

Doggymummar · 13/02/2025 09:51

Was it a proper survey, rather than a homebuyers survey? They do look scary and are there to guide your next move. Which should be pricing the work, then negotiating a discount.

Weightypenguin · 13/02/2025 09:51

tilypu · 13/02/2025 09:45

Yanbu to try. They can always say no.

How does the house price compare to similar ones that are up for sale or have recently sold in the area?

So we offered what was the average cost of a house of that type. We like the area, it’s a big substantial house, more space than we need. But the house is dated so we factored that in our offer price. The agents said it only needs renovation, nothing about the faulty electrics and boiler.

OP posts:
Neveranynamesleft · 13/02/2025 09:48

I wouldn't touch this. Goodness knows what else you will uncover further down the line.

TwoFatDucklings · 13/02/2025 09:48

If you like the house and are happy to go ahead knowing what work needs to be done having had a full survey (it was a full survey??? Make sure you know everything that's wrong with it!), the agents acting like this wouldn't put me off.

But yes, get quotes for the work that needs doing and drop your offer by that amount and explain why. Perfectly reasonable and ordinary thing to do

LostittoBostik · 13/02/2025 09:47

For context: we had a survey which showed zero issues and when we move d in none of the plumbing worked, all the white goods were broken despite being negotiated into price etc

Our 'Reno' budget got eaten on all the hidden necessities

Walk away!

Mindymomo · 13/02/2025 09:46

How much of a reduction, roof issues, boiler and electrics could cost anything, yes if it’s an old house work will need doing, but surely lights should be a priority before buying.

LostittoBostik · 13/02/2025 09:45

Walk away from this house. These issues will be the very least of it

JanesLaundryAgain · 13/02/2025 09:45

Bugger a reduction, I'd pull out, the estate agents are liars! What else are they going to lie about as time goes on?

tilypu · 13/02/2025 09:45

Yanbu to try. They can always say no.

How does the house price compare to similar ones that are up for sale or have recently sold in the area?

YouDeserveBetterSoAskForIt · 13/02/2025 09:44

Don't buy the house and don't use those agents again.

They have lied about all those things, why the heck would you want to proceed with the house?

I would be informing them that they are unethical and I would be seeing if there is a way to report them. I do believe there are guidelines that agents legally must follow. Directly lying will be in violation.

YABU to even consider making another offer at all.