its a ploy, they're trying it on hoping you will give way close to exchange of contracts.
How long have they been thinking about buying from you? Why have they just thought of it? When was contract exchange due to take place?
Next they'll be asking for £20k off the price.
If there are problems shown in the report, they'll try to get you to pay for fixing them, or knock £££ off the price.
Thanx for reply EFLImpudence
Yeah I think you're right about the ploy!
I got lucky with gas, a guy that has done work for a friend previously was in the area and came over last night. Very old boiler but past with flying colours. He spent a long time testing, pressure tests and volume flow tests for boiler and fire.
Well it's been a quick sale, that's if it still goes through, 5 weeks. I'm trying to fast-track it, but homebuyers was done over 2 weeks ago, so it was a surprise he told me they would have the report the next day.
I've already signed the contract, but of course now because of these gas and elec tests it could mess my deadline up. Completion is penciled in for next Wed, and the agent guaranteed that, but didn't send me that in writing as I requested! Solicitor is saying still possible, but with this last minute this it could mess things up if I can't get someone in to test electrics this weekend! I can get someone for Tue but I could be homeless on Wednesday!!
Well I'm also leaving a lot of stuff, they're are first-time buyers, so that will save them thousands if they can put up with my old sofa for a while and wait for the sales!
I had the place rewired BTW but it was a long time ago, but never had any issues, has a new type fuse box etc, everything properly ring main(d) spare points on the fuserbox.
Why would they trust reports that you obtained?
Tell them the price is for the property as is.
Well even the guy that I used who has done work for a friend said if he found something bad he would have disconnected the boiler!
I don't think most gas or electric guys are going to chance losing their job and income letting something dodgy pass with their name on it!
Seem to be doing a lot of testing, smoke test, co2 I think, gas volume for boiler and fire.
Let them organise something at their cost, ask for copies of the reports. Obviously it may raise issues and strengthen their hand in asking for a reduction to cover any remedial work. If you refuse it will raise questions. .......it may be a ploy to reduce the price.
Yep I think it is a ploy. I will get the checks done, gas is pass with flying colours, and I'm sure electrics will also (touch wood) so if they want to play hardball I'll bail as it's going to cost me a lot to move out this quick and rent until I do a final move!
A blatant bargaining ploy if you ask me.
Yep, same as above, and a few friends also agree with you guys.
I'm also selling place a bit cheap, well more than a bit that a couple of places that sold in last couple of months, so anything that needs fixing or upgrading is well within what they are saving, not to mention coming down already on the asking price!
Thanx again guys for the replies.
Must find someone today or tomorrow to certify the electrics. Will update progress, hopefully good news to follow!