To not share home buyers survey?

[kentgal]

I am in the middle of negotiating a house offer. The survey advised it wasn't worth what the seller was asking for. The seller won't discuss price unless I send the full survey. Am I being unreasonable not to share it?

It’s up to you. Do you want the house?

well they arent going to take just your word on it....

Surveys almost always come out lower than the asking price. If it’s within a few grand I would suck it up unless you’re not that bothered.

Will they share the cost with you?

Could you just share a relevant paragraph or two?

You don’t have to. You paid for it and it belongs to you.

If you really want the property though, then share it. There are so many shafters our there that the vendors may just not realise there are costly issues with the property and think you’re trying it on.

What do you want to happen though, they aren’t not just going to say ‘ok I’ll drop the price’ with no evidence. It’s up to you really you hold the information so I would say it depends whether you still want the house or not.

If it’s been down valued by a lot then it’s going to affect the mortgage offer given by your lender. If it were me I’d share relevant parts of the document and take my chances. If they say no way then you have a choice.

Surveys almost always come out lower than the asking price.

No they don’t! I’ve seen thousands and that’s not my experience at all.

Why don’t you want to share it OP? How much was the difference and how much do you want the house?

You should tell them / send them the report as they may be happy to remedy the issues at their own cost - we had issues raised on our last house and cost less than £1,000 to remedy and satisfy buyers

I did send an email outlining the main issues and there are a fair few major issues. Seller originally agreed to drop price but has gone back on this and price he's wanting the mortgage lender won't lend on.

No you dont have to share it. It will be a buyers market soon. Depends on how much you want the house. I can understand that they want evidence of the contents of the survey. So many chancers out there.

Why won’t you share it?

You’re cutting off your nose to spite your face if you won’t share it. I don’t understand your reasoning

Bottom line is this. Is it more than you want to pay, repair expenses in mind? If it’s a yes, walk away.

I had a similar issue when I bought my house op. Survey flagged up a lot of structural issues that were going to cost a fair amount to fix. I too screen shots of the relevant sections as proof, I also sent my solicitor a copy and advised which sections they were allowed to share so they scanned and endorsed as being untampered etc so the vendor had a guarantee I wasn't being a tit. Some bits I just had to suck up though.

For example, the survey flagged that the damp course had potentially failed. I had a full damp survey done that advised £3-5k worth of work to replace the damp course along one side of the house. However thar also meant that I had to factor in the cost of redecorating a room that was technically liveable.

The survey flagged that the house had been poorly maintained and several issues around brick work, h&s issues around the floorings in kitchen and bathroom etc.

After a lot of tooing and froing she was elft with little choice but to reduce the price to absorb what it was going to cost me to have the damp course sorted. But I only got that because I shared the report and the relevant parts of the quote to rectify.

You either want to buy the house or you don’t. If you do, send them the bloody survey.

Share the survey. We shared ours after it highlighted huge problems with the electrics and the roof. We used it to renegotiate the price. Doesn't seem fair to expect them to take tour word for it

Why would they "take your word for it?" I wouldn't.
They may not be desperate to sell. The next buyer might not get a survey.

Why don’t you want to share it, because of details you don’t want them to see or so thst they can’t use it?
Would taking a pdf and redacting some parts help?

I'm not entirely clear why you wouldn't, or indeed why they've asked and not just take your word for it, but ultimately, they have asked, so it seems like you're hiding something not to share it. I'd be tempted just to send your mortgage company's letter with refusal to lend, but if you really want the place, just send it.

Was this the valuation survey from the mortgage lender?

If the mortgage company won't lend you the money anyway you've nothing to loose ?

I've read through all your posts and take on board all opinions too. I think I have some thinking to do and decisions to make on if I want to go forward or not even if I share the full survey

Why wouldn’t you send the full surgery?

• survey