I know it's New Year's Day and you're all enjoying a wonderful bank holiday off work and of course you're not remotely interested in my mundane questions about the house buying process. However, I thought I'd ask in case any of you kind people took pity on a poor pregnant lady...
Briefly, we put in an offer on a house back in October, had it accepted subject to survey etc. The offer was ?1000 below the asking price. We have found from the survey and legal searches that none of the work the vendor did to the property has planning permission, nor does it meet current building regulations. The galley kitchen has been extended to the width of the house but is only single skin and needs retrospective planning permission, work to bring it up to spec and various checks done on it. The attic has also been (badly) converted and the house was sold with the attic advertised as an extra room. Our solicitor has informed us that this conversion is substandard and the attic must not be used as a habitable room and should have the stairs removed to it to make it storage only or work done to rectify the vendor's work. The survey says 'we strongly recommend you renegotiate price'.
So, obviously tomorrow morning we are going to phone the estate agents and try to renegotiate the price. What I want to know is this: Has anybody else ever done it? What are the chances of the vendor renegotiating?
I know it all very much depends on how much the buyer wants to sell and whether he thinks that anybody else would proceed at asking price. However, I'm pregnant, hormonal and worried that the whole thing is going to collapse. If you were the vendor would you renegotiate? And do we change our offer or wait for the vendor to suggest a more reasonable price? I'm actually finding this more upsetting than I ever anticipated.
Never try to buy your first house and have your first baby at the same time.
Thanks for any help or advice offered.