Offers, Surveys and Renegotiation

The process, the leverage points and doing it fairly

Many buyers treat the offer as the finish line, then panic when a survey reveals problems. This book shows you how to run the whole process calmly and fairly. It starts with the fact that explains most of how offers and renegotiation work in England: an agreement to buy is not legally binding until contracts are exchanged. You will see why surveys and legal searches create legitimate grounds to renegotiate by uncovering things the seller did not know or did not have to disclose, and why a written, specific offer that shows you can complete outperforms a vague phone call. The book covers the duties that fall on you as a buyer and the protections to put in place, and how a negotiation can move tax as well as price. A step-by-step checklist runs from before you offer to renegotiating fairly when it is warranted, and the final chapter shows what common transaction mistakes cost. Next in this series: “Becoming the Buyer Agents Trust”.

What’s inside

• The legal framework in plain English
• Permissions, licensing and planning
• The contracts, and what must be inside them
• Insurance, safety and your legal duties
• Tax treatment and choosing a structure
• Your compliance checklist
• Getting this wrong: what it actually costs

Educational material only, not financial, legal or tax advice. Results are not typical and are not a guarantee of income. Freedom Property Academy LTD, registered in England and Wales.