-There are 3 supports in place & it hasn't moved an inch since my partner has lived there (maybe longer as we don't know when the work was done. Could be 25 years ago for all we know), so I respectfully disagree
Have you explored getting retrospective building regs? You may find that there is a fix that they will accept that will, at least, give you the 'certificate' that you need.
I#m not suggesting that you bodge the job just that a decent inspector might be able to accept something that is clearly safe as it's been standing for so long.
I don't profess to know about these matters but as a general principle my understanding is that work carried out before new regulations are introduced is deemed OK as regulations are not retrospective.
You get caught when you improve and /or repair or update.
You state this work was carried out a minimum of 12 years ago so, unless the 1996 Party Wall Act was not complied with, I'm not sure why 2010 Building Regulations would apply.
In your position I would ask my advisors this question.
Yes thanks guys. I've contacted the local regulation authority & they've suggested I should apply for retrospective regulisation . This would mean, as long as the structure is stable, current regulations would not apply
Get it sorted and tell the buyer, it's gone up by £6k £8k.
-There are 3 supports in place & it hasn't moved an inch since my partner has lived there (maybe longer as we don't know when the work was done. Could be 25 years ago for all we know), so I respectfully disagree
Are they saying they want 6000 off or you to do the work
6 grand off the asking price. We've offered 2 grand take it or leave it. Although part of me doesn't want to sell to him now! So I hope he doesn't accept!
Look at it the other way. Sell it to him and start thinking of all the little 'presents' you can leave behind when you hand over the keys.
Unless I'm missing something what has the buyer done wrong exactly?
My understanding is that the buyer could and morally should have raised the issue earlier in the process rather than trying to extort an eleventh hour price reduction.....
Exactly this. We agreed the sale 3 months ago, he threw this curveball in last week & now wants to knock 6 grand off
Fair enough missed that, thought it was something they'd only just found out.
-There are 3 supports in place & it hasn't moved an inch since my partner has lived there (maybe longer as we don't know when the work was done. Could be 25 years ago for all we know), so I respectfully disagree
Are they saying they want 6000 off or you to do the work
6 grand off the asking price. We've offered 2 grand take it or leave it. Although part of me doesn't want to sell to him now! So I hope he doesn't accept!
Look at it the other way. Sell it to him and start thinking of all the little 'presents' you can leave behind when you hand over the keys.
That's a disgusting suggestion. The morality of posters on this site sickens me.
If you're set on a house to buy and don't want to risk your vendor losing patience with you, maybe negotiating a bit is worthwhile; the longer this goes on the higher your solicitor's fees will be of course. After a delay of that kind the attempt to lower your price could be one of 2 things: a bare faced attempt to save themselves a few grand or indication they're actually over budget and they're desperate for a way to be able to afford your gaff. Similar experience had by an agent acquaintance of mine thus: house on market for a couple of weeks, couple of bidders interested, initial offers were bid up about £10k from the first confirmed offer. Apparently plausible 'buy-to-let' buyer "confirmed" by estate agent, proof of funds, mortgage offer in principle etc. Contracts drawn up, survey (valuation) carried out for mortgage company, loads of questions, subsequent home-buyers type survey done, few more questions, things go quiet for a few weeks, another specialist survey carried out, couple of weeks quiet, then "my survey says this, this and this need attention and you'l have to lower the price £10k for me to stay in". Copy of that specialist survey seen "this, this and this typical of house built 1970's, wouldn't be done now, just requires regular decoration/maintenance, do not disturb". The supposedly serious buyer got a couple of quotes to fully update the stated issues, neither of which was more than £6k - when the surveyor had essentially said 'do nothing'. Vendor said "you agreed £X, months ago, your expensive survey says leave everything as is, the price is still £X, put up or pull out" buyer pulled out. House back on the market, 3 months after the first try, again 2 interested parties bid each other up to 7.5% more than the first timewaster. First bloke enquired again at the agents about 6 weeks later as to whether the house was still available to learn that he'd missed a bargain. You don't say where your house is, obviously there's no guarantee you'll sell it again just as easily, have a chat with the selling agent, they won't want to lose their commish but they will have a good grasp of how much interest there is in your kind of property. If they're confident they can get at least a few new viewings, you'll sell it again and your chancer can do one.
-There are 3 supports in place & it hasn't moved an inch since my partner has lived there (maybe longer as we don't know when the work was done. Could be 25 years ago for all we know), so I respectfully disagree
Are they saying they want 6000 off or you to do the work
6 grand off the asking price. We've offered 2 grand take it or leave it. Although part of me doesn't want to sell to him now! So I hope he doesn't accept!
Look at it the other way. Sell it to him and start thinking of all the little 'presents' you can leave behind when you hand over the keys.
That's a disgusting suggestion. The morality of posters on this site sickens me.
Not everyone is like you and leaves presents, eh Santa Claus.
-There are 3 supports in place & it hasn't moved an inch since my partner has lived there (maybe longer as we don't know when the work was done. Could be 25 years ago for all we know), so I respectfully disagree
Are they saying they want 6000 off or you to do the work
6 grand off the asking price. We've offered 2 grand take it or leave it. Although part of me doesn't want to sell to him now! So I hope he doesn't accept!
Look at it the other way. Sell it to him and start thinking of all the little 'presents' you can leave behind when you hand over the keys.
That's a disgusting suggestion. The morality of posters on this site sickens me.
Not everyone is like you and leaves presents, eh Santa Claus.
Yeah, Santa, you've got an interest in this. That chimney comes down with a fat beardy bloke wedged in it, you're going to look pretty stupid!
And you never turned up at mine this year. Wanker.
Even if they stop playing silly buggers try and get your hands on some Japanese knotweed and leave a bit in the garden just before you leave. The karma that one small act will keep you smiling for years to come.
The world is magical place full of people with short memories ;-).
Even if they stop playing silly buggers try and get your hands on some Japanese knotweed and leave a bit in the garden just before you leave. The karma that one small act will keep you smiling for years to come.
The world is magical place full of people with short memories ;-).
Our buyer today accepted our offer of £2000 reduction, which says to me he just wanted money off. I;m not disappointed though, It means we get the house we wanted
Our buyer today accepted our offer of £2000 reduction, which says to me he just wanted money off. I;m not disappointed though, It means we get the house we wanted
Nice one sounds like your happy with it and it's saved you £4000
Our buyer today accepted our offer of £2000 reduction, which says to me he just wanted money off. I;m not disappointed though, It means we get the house we wanted
Nice one sounds like your happy with it and it's saved you £4000
Our buyer today accepted our offer of £2000 reduction, which says to me he just wanted money off. I;m not disappointed though, It means we get the house we wanted
Nice one sounds like your happy with it and it's saved you £4000
No......it cost him £2000!
A couple of others said just pay the £6000 which is the quote the buyer got
Our buyer today accepted our offer of £2000 reduction, which says to me he just wanted money off. I;m not disappointed though, It means we get the house we wanted
Nice one. Don't forget to leave the kippers under the floorboards and shit in the kitchen drawer before you leave
Nah, that's incredibly unsubtle. Just save any lightbulbs that blow between now and when you move out, and put them back on the day you leave, taking the good ones with you. And maybe adjust the ballcock on the loo, so the cistern takes an age to refill.
Just to add a cautionary note about property prices. A report out earlier this week said that estate agents around the country were saying that the market is really slow & many had a dearth of properties on their books - I think the average was 43.
I also spoke to a client yesterday who 2 years ago moved into a new flat in Docklands, renting out the old one in Canary Wharf. Now looking to re-mortgage her agents advised her not to sell the btl as the market was stagnate & it would either take ages to sell or she would have to accept a lower offer.
The property market needs to slow down to be honest, it's been unsustainable for ages for the average Joe. The signs have been there for ages, all the builders I know are happy at the moment with the sheer volume of work they are taking on with people opting to stay put rather than up sticks when they need more space.
That's exactly what we're doing mate. Wife wanted to move to a bigger place (not sure why, ours is fine as is) but we decided to extend instead. Don't think I could be arsed with the ball ache of moving, especially having to deal with estate agents.
Our buyer today accepted our offer of £2000 reduction, which says to me he just wanted money off. I;m not disappointed though, It means we get the house we wanted
Nice one sounds like your happy with it and it's saved you £4000
No......it cost him £2000!
A couple of others said just pay the £6000 which is the quote the buyer got
Shame that so many under 30's don't have the same 'problems' the more mature of us had.
A couple of grand reduction on the sale of a house that has generally given us a 20% pa return on our original 'investment ' is peanuts compared to the massive mortgages that a lot will be saddled with for the next 25 years.
All well and good with interest rates at a couple of percent you are able to get now, but imagine if that rate doubled. Or trebled. Certainly affordable when you have a £30k mortgage, perhaps not so affordable when that mortgage is £300k.
It's frightening to think that the majority of under 30's will never be able to get a mortgage(short of part buy part rent).
Our buyer today accepted our offer of £2000 reduction, which says to me he just wanted money off. I;m not disappointed though, It means we get the house we wanted
Nice one sounds like your happy with it and it's saved you £4000
No......it cost him £2000!
A couple of others said just pay the £6000 which is the quote the buyer got
And a couple of others said give them f all!
Yes sound as I'd be in that bracket but can understand why Chrissy paying the £2000
Shame that so many under 30's don't have the same 'problems' the more mature of us had.
A couple of grand reduction on the sale of a house that has generally given us a 20% pa return on our original 'investment ' is peanuts compared to the massive mortgages that a lot will be saddled with for the next 25 years.
All well and good with interest rates at a couple of percent you are able to get now, but imagine if that rate doubled. Or trebled. Certainly affordable when you have a £30k mortgage, perhaps not so affordable when that mortgage is £300k.
It's frightening to think that the majority of under 30's will never be able to get a mortgage(short of part buy part rent).
Unless democracy is abolished they obviously will.
Shame that so many under 30's don't have the same 'problems' the more mature of us had.
A couple of grand reduction on the sale of a house that has generally given us a 20% pa return on our original 'investment ' is peanuts compared to the massive mortgages that a lot will be saddled with for the next 25 years.
All well and good with interest rates at a couple of percent you are able to get now, but imagine if that rate doubled. Or trebled. Certainly affordable when you have a £30k mortgage, perhaps not so affordable when that mortgage is £300k.
It's frightening to think that the majority of under 30's will never be able to get a mortgage(short of part buy part rent).
Unless democracy is abolished they obviously will.
Comments
Similar experience had by an agent acquaintance of mine thus: house on market for a couple of weeks, couple of bidders interested, initial offers were bid up about £10k from the first confirmed offer. Apparently plausible 'buy-to-let' buyer "confirmed" by estate agent, proof of funds, mortgage offer in principle etc. Contracts drawn up, survey (valuation) carried out for mortgage company, loads of questions, subsequent home-buyers type survey done, few more questions, things go quiet for a few weeks, another specialist survey carried out, couple of weeks quiet, then "my survey says this, this and this need attention and you'l have to lower the price £10k for me to stay in". Copy of that specialist survey seen "this, this and this typical of house built 1970's, wouldn't be done now, just requires regular decoration/maintenance, do not disturb". The supposedly serious buyer got a couple of quotes to fully update the stated issues, neither of which was more than £6k - when the surveyor had essentially said 'do nothing'. Vendor said "you agreed £X, months ago, your expensive survey says leave everything as is, the price is still £X, put up or pull out" buyer pulled out. House back on the market, 3 months after the first try, again 2 interested parties bid each other up to 7.5% more than the first timewaster. First bloke enquired again at the agents about 6 weeks later as to whether the house was still available to learn that he'd missed a bargain.
You don't say where your house is, obviously there's no guarantee you'll sell it again just as easily, have a chat with the selling agent, they won't want to lose their commish but they will have a good grasp of how much interest there is in your kind of property. If they're confident they can get at least a few new viewings, you'll sell it again and your chancer can do one.
And you never turned up at mine this year. Wanker.
The world is magical place full of people with short memories ;-).
You learn that as you get older.
Who knows, it might help?