Hi I am selling my mid terrace Victorian house in an area that has been identified as a high risk for radon, looking at the UK radon map most of the area is the same. I have been asked to purchase a radon monitor which is only £50 so not an issue but it takes 3 months to get the readings. I have had the queries come back from my Solicitor and it reads as follows -
The purchaser’s solicitors have enquired as to whether you would be agreeable to holding back a retention to be used towards any remediation costs in respect of radon if identified?
Having googles this it is likely to be around the 2k mark which I cannot afford due to my forwarding purchase. I only bought the house 2 years ago and cannot remember this even coming up. How would you handle this? Just say no and hope the buyer is still willing to buy? Houses are selling like hot cakes in my area at the minute so not worried about finding another buyer but the issue will obviously arise again.