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Useful advice, thanks. I also want to ask them about damp - which may be another potential issue.

Yes - RM and I think Zoopla send out alerts if a property has been reduced, but it has to be by a certain percentage. Any big extra costs in the pipeline should be revealed in the form the sellers fill in and also in the form the freeholder has to complete. So a bit stupid because if that was...

Good point, thanks.

Conversion.

Thanks.

Not that I can tell. Solicitors will hopefully uncover anything.

Probably! Still at a very early stage though.

They've already moved out so don't think it's the neighbours thing. Service charge atm is reasonable. A big bill coming up is more likely, particularly as there's another flat gone up for sale in the (small) block at the same time. They will need to reveal this though, so why not be upfront...

Well, they accepted my initial offer, which was below asking price, without even attempting to haggle. Again, a bit suspicious!

So I'm thinking of buying a flat. It initially went on the market for £350k, then just a month later was reduced to £300k. I can understand that it was overpriced in the first place, but why would anyone make such a drastic reduction early on? Surely you'd reduce it to £325 or something first? I...