Do we ask the vendor to rectify the problems before we move in to the flat or do we try to renegotiate the offer? It might be worth mentioning that the flat is currently vacant so any works would be done in an empty property. You might also need to pay for another survey to be done to satisfy yourselves that the work had been done to a proper standard. However, the seller might not want the hassle of arranging building works so the alternative would be to offer him £5,000 less than your current offer on the flat. As far as the mortgage goes, you need to talk to your lender because a change in the asking price may affect the formal mortgage offer it is prepared to make.

Source: The Guardian July 31, 2017 08:48 UTC