Building survey

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This topic contains 2 replies, has 2 voices, and was last updated by  Joanne 2 months, 1 week ago.

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  • #18512

    Joanne
    Member

    Hello,

    This may be slightly off topic but I am wondering if anyone can give advice on negotiating with the sellers after the building survey reveals that work is needed.
    We have been told that the rear guttering needs overhauled as well as the rendering on the back of the property. We really like the house and are not trying to squeeze any money from the sellers but as first time buyers we’re not sure on where we stand.
    The property is a 3 bed Victorian on the market for just under £450k. It’s not a run down project.
    Any advice is much appreciated

    #18538

    Alex
    Member

    Dear Joanne

    I have only just seen your post so this reply may come a little late!

    You are perfectly entitled to try and negotiate with the vendor to reflect the fact that there is some work that needs doing. How well this sort of bargaining is received obviously varies from vendor to vendor!

    Did your surveyor give any indication as to what he thought it would cost to put things in good order? He may not be willing to give a written indication but should be willing to give a verbal one. I’d open the negotiations with that figure and go from there.

    Yours

    Alex

    Alex Ayres MRICS
    McWhirter Locke Associates

    #18553

    Joanne
    Member

    Hi Alex,

    Many thanks for taking the time to reply. Despite what the estate agent said (!) the vendors were open to negotiations. The surveyor didn’t give any price indications but we arranged for local tradesmen to quote.

    Thanks again,
    Joanne

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