Mortgage Valuation - Pass or major Fail??

[SPARTYKUS]

I asked first am we, ay it!

 

[Rampantchilli]

ar
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[SPARTYKUS]

Oh my life!

 

[Guest55]

crappy old wiring is small potatoes in the grand scheme of property buying.
anyone buying an old house that requires modernisation expects to do at least some electrical upgrades - and thats clear as crystal looking at the photos.
but its not a problem if this acknowledged and negotiated at the offers / bidding stage.

i dont know of a single domestic property sale that has fell through soley due to
electrical issues - its simply not a deal breaker.

 

[SPARTYKUS]

Yers roite, loike, ain't rocket science, ay it Biff?

 

[Guest55]

nah it aint me ol mucker.
;-)

 

[SPARTYKUS]

34 posts to go. So excited. Do I get a certy fy kate for getting to 3000

 

[Geordie Spark]

Yers roite, loike, ain't rocket science, ay it Biff?

Piece of pi$$ ................. anyone can do it after being on a 5 week course.

 

[tidyboiler]

Yers roite, loike, ain't rocket science, ay it Biff?

yow be careful if yer goin near the rough areas in Brumagem........ they'll have yer van up on bricks if yer give em eye contact. bab. :ninja:

 

[NDG Elecs]

i dont know of a single domestic property sale that has fell through soley due to
electrical issues - its simply not a deal breaker.

My wifes an estate agent Biff. I know of one property where the sale fell through because a rewire was not notified despite a full EICR being done afterwards in mitigation. I know of another property sale that went sour due to purchaser/vendor disagreeing on whether an oven was included in the sale....this was on a £400K house!! Bonkers!

To the OP. Normal practice is to meet halfway ish on any works required, except obviously if you want new kitchens/bathrooms etc...so if works are £4k then ask for £2k off. When you put in the bid it was clear and fairly obvious that the electrics in the piccy are not brand new. So asking for the full amount would be taking the pish IMO.

Also, the surveyor will simply cover his/her back in what they write. Sometimes they give some interesting (read stupid!!) interpretations on what could be wrong with an installation though.