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Selling your gaff

Off topic but thought there will be a few on here with experience who might be able to help 🙏

After 5 years in Sunny east mcr, close to the Etihad, we’re selling the first house I bought and moving to the darkside (Trafford)

Haven’t found out next place yet, but accepted an offer on ours yesterday. The buyer has straight away asked if I can send the homebuyers report from when I bought it 5 years ago (Edwardian gaff built about 1920)

Is that normal? The estate agent said it helps speed up the process, but both of them know we’ve not even found our next gaff yet?

Anyway just wondered if that was normal or not any help would be appreciated!

Cheers!

posted on 14/7/22

comment by scholayScholes (U13961)
posted 8 minutes ago
comment by Diafol Coch 77 (U2462)
posted 55 minutes ago
I'm sure Scholay is in the housing game so he'll be able to give some pointers I'm sure.

I really can't see the harm in it though even though you've not found your new place yet. You wouldn't want to put anyone off.
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Thanks Bud. I have actually left the selling game (regrettably) as it is booming and gone into surveying.
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Just remembered you were in the industry and could offer some insight. It sucks leaving something you like doing I suppose.

posted on 14/7/22

comment by Stoopo (U4707)
posted 17 minutes ago
comment by scholayScholes (U13961)
posted 2 minutes ago
Although this can be done to speed up the process, it is not a requirement for the Home Owner to provide a Home Buyers report and this is not something home buyers have. If the purchaser requires a home buyers or structural report, it their business to go out and spend some money and get one. Tell the Estate Agent to do one you have not got it
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Why would you refuse to provide it? Unless it shows something you want to hide of course!
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Nothing to hide, just struck me as strange she had asked for that before instructing her solicitors so we can take it off the market. If she’s going to feck around with what she’s offered I’ll go with the guy who offered 2.5k less 🤷‍♂️

posted on 14/7/22

Thanks for all input tho appreciate it! Especially scholay!

posted on 14/7/22

comment by scholayScholes (U13961)
posted 40 minutes ago
To avoid being put in a situation wherein you are being pressured, I would also suggest that you go back to the memorandum of staircasing drawn up by your Estate Agent (if a good one) and state there clearly the sale of your property is subject to you finding a place. Although this document is not law binding, it is always best to have all conditions of the sale there, so that you can revert at any time during the transaction
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Memorandum of sale*

posted on 14/7/22

comment by gratedbean (U4885)
posted 11 minutes ago
Thanks for all input tho appreciate it! Especially scholay!
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No worries, all the best.

comment by Rain (U22339)

posted on 14/7/22

comment by gratedbean (U4885)
posted 1 hour, 22 minutes ago
Want to move before rates rise anymore tbh!
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We were lucky and got our offer in March 1.25% 5yr fixed!

They’re predicting a few more rises by the end of the year so just bare that in mind

posted on 14/7/22

Strange to request it, a 5 year old report is pretty useless to a buyer now also, no obligation to provide it but not harm in doing so. Probably just trying to save money

posted on 15/7/22

Sounds like they are trying to skimp in a survey. Which would slightly worry me - paying for a new survey is an indication of commitment to buy. Selling first puts you in a strong position. As a seller I wouldn’t even consider an offer from someone who wasn’t well advanced with their sale.

comment by Edbo (U17933)

posted on 15/7/22

Selling my leasehold flat has so far taken 5.5 months due to the management pack taking three months to produce and now the Fire Risk Assessment being out of date.

Had the FRA back this morning and the assessment is medium risk, not sure if this will be an issue.

posted on 15/7/22

RICS report cost money. Depending on the level of survey, it could be £300 + and your report from 5 years ago shouldn't really be relevant now anyway. If it was me, I would want an up to date on, things change over time, boilers get older, work done on the house might need certification etc. Seems an odd request to me.

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