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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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Original poster

House Offer Price Drop

67 replies

Somersetgirl1 · 02/12/2022 16:43

Hi all,

Just wanted to get some idea of costs of installing new boiler. To give the background, my mum is selling her house. She agreed a price drop of £15k (they asked for £20). They have come back to her saying that the boiler must be replaced (she has had it serviced every year and is in working order) and have tried to drop her another £5k for the cost as any new boiler would need to to be moved (it is probably true that any new installation would need to be moved as regulations change). This seems like cheeky fuckery to me - I had a brand new worcester bosch put in my house and it needed slightly moving and I had new radiators and tank/airing cupboard removed - I know that was a couple of years back but it didn't cost anywhere near thia. My gut feeling is that because she is in her late 80's they are pushing their luck. Any thoughts welcome

OP posts:

nutbrownhare15 · 02/12/2022 17:16

How much does she need to sell the house? Has there been other interest. She is perfectly within her rights to say no. They are perfectly within their rights to walk away if she does.

DenholmElliot11 · 02/12/2022 17:18

How much did your mum pay for the house originally and how much is she selling it for now?

underneaththeash · 02/12/2022 17:19

She can just say no. They can replace the boiler if they want to.

DenholmElliot11 · 02/12/2022 17:20

Meant to add and how old is the boiler?

BashfulClam · 02/12/2022 17:20

Call their bluff. Unless they go ahead with the sake as it is then it goes back on the market.

midgetastic · 02/12/2022 17:22

If it's safe and working then they are being cheeky chancers and you may want to think about remarketting

AngelontopoftheTree · 02/12/2022 17:28

DenholmElliot11 · 02/12/2022 17:18

How much did your mum pay for the house originally and how much is she selling it for now?

That means nothing! She could have bought it for £400 in 1950, and is selling it for 400k.
It's seems very cheeky to me especially when they've already negotiated a reduction. If I was her I'd say no. They can either walk away or not.

Ilikewinter · 02/12/2022 17:28

Sounds like they are trying to come up with ways to get the extra £5k off that they asked for. If the boiler is in working order then I'd say they can go whistle. How desperately does your mum need to move / sell to them?

Theunamedcat · 02/12/2022 17:30

She needs to say no and be prepared to re market

lamaze1 · 02/12/2022 17:32

Suspect if it's not the boiler or it will be something else that they request a discount on. If there is genuinely nothing wrong with the boiler I'd say no and make clear that any further attempts to renegotiate the price via the back door under the guise of work etc will be met with the house going back on the market without further notice. In fact I'd be minded to carry on marketing anyway with chancers like this.

YeahThanks · 02/12/2022 17:35

It’s an unreasonable request, just say no and make it clear to the EA that there will be no further reductions. They work for the seller.

MatildaTheCat · 02/12/2022 17:35

They are realising they can’t afford this house. If it is fairly priced I’d hold firm and if they walk away over this I’d say there was a fair chance they’d have walked anyway.

pd339 · 02/12/2022 17:38

DenholmElliot11 · 02/12/2022 17:18

How much did your mum pay for the house originally and how much is she selling it for now?

Totally irrelevant

pigsDOfly · 02/12/2022 17:46

If the boiler is working then she has no need to replace it. She needs to tell them she's not dropping the price any further. Unless of course, she's desperate to sell; £15K is already a pretty big price drop.

If they walk away she's probably well rid of them. As pp said if it's not the boiler it'll be something else.

When I sold my previous house the purchaser, who'd previously ask me to drop the agreed price - I didn't, got in touch a few weeks after we'd completely to say one of the, pricier, kitchen appliances was playing up, fully expecting I suspect, that I would offer money to replace it.

It was fine when I sold the house. Purchaser buys as seen, which is why estate agents have the disclaimer on their paperwork saying that nothing in the house has been tested.

The purchaser is being massively cheeky to expect the seller to pay for the supply and fit of a new boiler and £5000 sound way over the top, apart from anything else. And yes, they are pushing their luck.

Atethehalloweenchocs · 02/12/2022 18:02

Paid 2400 for this 6 months ago.

L1ttledrummergirl · 02/12/2022 18:12

I wonder if your mum is our buyer? We had contracts signed ready for exchange on dmil flat following bereavement a couple of weeks ago. Our buyers buyer then decided that despite having had 6 months since offers were accepted to get a survey done, the fucking arseholes thought that was the perfect time.

We are expecting them to pull this kind of shit with our buyers, unfortunately we also took a reduced offer and are not in a position to reduce further. I've suggested to dh that if our bastards start messing people around, we exchange (so we know it's officially bought) and takes that worry off us, with the completion to be done within 6 months or so meaning our buyers can find someone else and can tell the fuckers to fuck right off.

I don't have time for shitheads like that.

Yanbu, they can buy their own fucking boiler when it breaks like the rest of us have to.

Original poster

Somersetgirl1 · 02/12/2022 18:24

Yes, I thought this would be nearer the mark!!!!

OP posts:

LlynTegid · 02/12/2022 18:28

Just give them a very short deadline to agree to the original price or the sale is off. Perhaps 24 hours.

There should be a blacklist of people like that.

Original poster

Somersetgirl1 · 02/12/2022 18:32

Sorry - above was in response to atethehaloween chocs!!!! The difficulty for my mum is that she would like to be near to me (she lives 230 miles away) and spent a long time off the market as her previous buyer dropped out (their buyer got caught with reapplying for mortgage and could get what they needed once Interest rate increased). I have asked EA for them to supply evidence that they need the boiler installed now (it works so I don;;'t see as they have anything) and secondly where the hell they have got this price from (no one has come round to price up for an estimate. Thanks all for input

She bought the property ten/twelve years ago - so of course it is worth more now!!!!

OP posts:

Dorisbonson · 02/12/2022 18:48

If it's a large combi boiler (eg 4 bed house lots of radiators) then £2k is reasonable on a like for like replacement. If the boiler has to be moved with lots of expensive copper pipes then it could be £2.5k or £3k. For a larger boiler it could be more (and for a smaller boiler less!). I'd offer them a grand at best and then leave it at that. If there is decent boiler (less than 10 years old) in the house already they probably won't be a rush to replace it. Either way they should have clocked it when they went round and incorporated into their offer.

They are seeing prices fall and are regretting not waiting for the market to fall - tough - they can't buy now and benefit from the house and also have the price that they would be market rate in 6 months. They either pay the price today or get out the market and wait. I think you have been very reasonable already.

Msloverlover · 02/12/2022 18:56

If they have dropped the price already by 15k, have they already reapplied for their mortgage? They would need to do this again if they were to drop it by another 5k. Most buyers right now would not want to risk reapplying…

Curiosity101 · 02/12/2022 19:01

They wanted to buy for £20k below asking price and have found a 'reason' to add £5k to the £15k that has been agreed. Either your mum wants to sell £20k below asking or she wants to wait and see.

There's no reason to believe they aren't serious buyers though. I wouldn't bother getting into discussions or anything about the boiler, I doubt there will be anything you can say that's more convincing than your mum just saying a straight yes or no to the request.

Myguessis · 02/12/2022 19:04

In my experience you only reduce the price if faults are found that are not visible during viewing.

They viewed the house and saw the boiler, they had their chance then to ask questions/enquire before offering.

Your mum has been very generous taking £15k off already.

Tell them no.

Dreamsoffreedomjoyandpeace · 02/12/2022 19:08

Personally I’d say no because I wouldn’t trust them.

thebellagio · 02/12/2022 19:08

I bought a house last year. Yes the boiler was working and had been serviced, but it was also 50 years old as it was the original boiler on the house.

we promptly had it removed and replaced for a combi including removing the water tank, and I think it cost about £4k ish.

last October, we spent £75 on gas alone. This year, despite prices being double, we paid £39 for the same date range, showing the HUGE difference in efficiency

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