How To Renegotiate House Price After Survey Asbestos In Sussex

Buying a house is a significant investment, and it is essential to get everything right, starting with the survey. A home survey is vital to uncovering any issues or problems with a property. Asbestos is a material known to cause cancer, and it is particularly hazardous when it is disturbed or damaged. Asbestos-containing materials (ACMs) are present in many homes, particularly those built before the 1990s, and as such, asbestos surveys are crucial.

Affordable Asbestos Removal Sussex is a specialist asbestos survey company in Sussex, South East England. We provide asbestos survey services at a reasonable cost to homeowners to help them make informed decisions about the properties they plan to buy. In this landing page, we shall discuss how to renegotiate a house price after an asbestos survey has uncovered issues.

The Survey

Before you buy a home, it is essential to have a survey done. The survey will help you identify potential issues, including asbestos. Asbestos surveys are particularly important because they can help you identify if there is any asbestos in the property that poses a risk to your health.

If the survey does reveal asbestos, it is essential to act quickly to avoid any health risks, particularly if the asbestos is damaged or friable (i.e. it can crumble easily). You should call Affordable Asbestos Removal Sussex to carry out an asbestos survey and advise you on the next steps.

The Property

If your survey reveals that the property you are interested in purchasing has asbestos-containing materials, it is essential to make the seller aware of this. The seller may already be aware of the asbestos, but if not, it is your responsibility to inform them.

You should also be aware of the potential problems that can arise if you purchase a property with asbestos. First and foremost, there is a risk to your health, particularly if the asbestos is disturbed or damaged. Additionally, if you plan to sell the property in the future, you may encounter problems as potential buyers may be put off by the presence of asbestos.

Renegotiating the Offer

If your asbestos survey uncovers issues with a property, you may want to renegotiate your offer on the property. The asbestos could impact the value of the property, and you may be able to get a lower price.

When renegotiating your offer, it is essential to be clear about the issues you have uncovered. Provide the seller with a copy of the asbestos survey, so they are aware of the potential risks. Be specific about how much you want to reduce your offer and why.

It is also important to be realistic about your renegotiation. If the asbestos is minor or in a part of the property that is not likely to be disturbed, you may have less bargaining power. However, if the asbestos is widespread and poses a potential health risk, you may be able to negotiate a more significant reduction in the offer price.

What You'll Need

When renegotiating the offer price, you will need to have all the necessary information at hand. This includes:

1. The asbestos survey report
2. Any additional information about the property that may support your case
3. An estimate of the cost to remove the asbestos
4. An estimate of the value of the property if the asbestos were not present

Having this information at hand will help you make a strong case for reducing the offer price.

The Sale and Purchase Process

It is always best to involve a solicitor when negotiating the sale and purchase of a property. Your solicitor can help you navigate the process and ensure that everything is done legally and above board.

When it comes to the sale and purchase process, there are a few things to be aware of. Firstly, the Energy Performance Certificate (EPC) is an essential part of the process. It provides information about the building's energy efficiency and should be available to buyers free of charge.

Secondly, if the property was built before 2000, the seller must also provide an asbestos survey report. This report should detail any asbestos-containing materials (ACMs) in the property and the condition they are in.

The Law

The Control of Asbestos Regulations 2012 details the legal requirements for dealing with asbestos in the workplace, but it also applies to domestic properties. If you plan to carry out any work on a property that contains asbestos, you must ensure that it is carried out by a licensed contractor.

Additionally, you are required by law to inform anyone who may be affected by the presence of asbestos. This includes anyone who works on the property and anyone who may buy the property in the future.

Surveyors

Your asbestos survey report should be carried out by a reputable company like Affordable Asbestos Removal Sussex. Our team of experts is fully qualified and experienced in conducting asbestos surveys and providing effective solutions.

We offer a range of asbestos survey services, including asbestos management surveys, refurbishment and demolition surveys, and re-inspection surveys. Our team uses the latest technology and equipment to ensure that our surveys are accurate and comprehensive.

Additional Information

For more information about asbestos surveys, visit our website: affordable-asbestos-removal-sussex.co.uk. You can also contact us on 01273 978238 or email us at [email protected].

We are always happy to provide advice and guidance about asbestos surveys and removal. Our team is committed to providing a reliable and efficient service to homeowners in Sussex and the South East of England.

Conclusion

Asbestos surveys are an essential part of the property buying process, particularly for properties built before the 1990s. If an asbestos survey uncovers issues with a property, you may be able to renegotiate your offer on the property.

To make a strong case for reducing the offer price, you will need to have all the necessary information at hand, including the asbestos survey report, an estimate of the cost to remove the asbestos, and an estimate of the value of the property if the asbestos were not present.

At Affordable Asbestos Removal Sussex, we provide a range of asbestos survey services to help you make informed decisions about the properties you plan to buy. Contact us today to find out more.