Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Property/DIY

Join our Property forum for renovation, DIY, and house selling advice.

Help me hold my nerve: renegotiation after survey

11 replies

TigerBreadAddict · 17/07/2017 14:41

Aargh. May be about to blow this whole transaction for the sake of £250.

We had sold our house when an offer came along for full asking price. This person look around and she then offered full asking price -£1500 for a replacement boiler which we accepted. She has since had a survey done and is trying to renegotiate. We have in the meantime had an offer accepted on another place and commenced searches and surveys.

The survey she wishes to renegotiate is absolutely fine. There are a couple of repair and maintenance issues: redecoration and painting and extractor fan of a higher volume in the bathroom but nothing serious so she wants to be negotiate a reduction of £1000. We offered £500 reluctantly in order to just try and make it go away. She is now holding out for £750. I've told the estate agent to put the house back on the market if she won't meet at this £500 because she is really pissing me off 😡
Am I cutting my nose off to spite my face though ??

OP posts:
Maverick66 · 17/07/2017 14:45

No, hold your ground at £500 they are not big issues. If she really wants to buy your property those issues won't deter her.

Bearbehind · 17/07/2017 14:59

This sounds a bit like karma to me- if the house was SSTC but you sold to someone else who offered the full asking price this is the almost inevitable outcome isn't it?

They placed a high bid to get a house which wasn't technically on the market then try to lower their offer once the other party is off the scene.

I wouldn't risk an onward sale for £250.

TigerBreadAddict · 17/07/2017 15:05

Yes I know, have reflected on the karma aspect myself. The other person we accepted an offer from didn't lose any cash as they hadn't started conveyancing or searches though.

OP posts:
lottiegarbanzo · 17/07/2017 15:11

How much less than asking price had you accepted from the previous buyer? Are you now looking at more or less than that offer, with the requested discount?

Sounds like buyers with different negotiating techniques.

TigerBreadAddict · 17/07/2017 15:19

No, previous buyer was cash buy to let buyer, so we accepted an offer of asking price-£6k. This was around what we expected anyway.
Now we are looking at asking-£2.5k.

I really don't know if digging my heels in is for the best but can't stand the idea of being taken advantage of.

OP posts:
TigerBreadAddict · 17/07/2017 15:20

We had another offer between the two : asking-£5k and we turned that down.

OP posts:
DandySeaLioness · 17/07/2017 15:22

so you're still better off regardless of her pissing you off. Look on the bright side OP.

HipsterHunter · 17/07/2017 15:51

I dunno, for the sake of £250 can you just grin and bear it?

On move out you can just not worry toooooo much about scrubbing to oven to wihin an inch of its lfe, finding all the appliance manuals etc...

TigerBreadAddict · 17/07/2017 15:57

You're not helping me hold my nerve Grin

OP posts:
StarTravels · 17/07/2017 16:11

This would really annoy me. Redecoration is to be expected to a point surely? And is this something she couldn't have seen when viewing herself?

I wouldn't have met her half way and would have said no. Now you have though, I guess you have to decide whether it's worth the hassle of everything falling through and the extra costs and effort of more viewings for £250.

RandomlyGenerated · 17/07/2017 16:14

Just think of it as £250 not being spent on a full clean of the house after you move out.

I think you'd be daft to lose your sale for the sake of £250, especially as you've already started accumulating costs on your proposed purchase.

New posts on this thread. Refresh page
Swipe left for the next trending thread