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House buying woes - Structural weakness

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LustyLew
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PostPosted: 15:49 - 18 Mar 2016    Post subject: House buying woes - Structural weakness Reply with quote

Hey all,

So I found a property, nice area, decent train/bus links etc

Internally the property is in good condition, externally it looked OK. The Mortgage Valuation came back clean so I thought I was good, but to be safe, I arranged for a Homebuyers survey to be carried out.

Oh how foolish I was!

Quote:
Significant cracking, bulging and distortion of external brickwork was noted that are indicative of wall tie deterioration. You are therefore advised to commission a specialist wall tie report, including the rebuilding of the gable wall as necessary.
Areas of defective pointing are in evidence to external walls that are due to the effects of long term weathering and thermal expansion and contraction. We would anticipate the wholesale repointing of affected areas which should be raked out to a depth of 25-30mm and joints and perpends repointed using a mortar in a colour and finish which matches the existing. Recessed or strapped mortar joints should not be used.


The property is freehold with a 50/50 split over maintenance of the structure. Ground floor covers lower half, top floor covers upper.

This work will affect both floors no doubt.

So what should I do?

Walk away and start again? Offer £10k lower than my initial offer and take the risk, or negotiate the work to be carried out by the current owner and the owner above (significantly delaying the process).

Now I fully understand why my parents have moved only once during their 45 years of marriage!
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Ste
Not Work Safe



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PostPosted: 16:03 - 18 Mar 2016    Post subject: Reply with quote

Walk away.

Then go back and shit in their slippers. Thumbs Up
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UnknownStuntm...
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PostPosted: 16:17 - 18 Mar 2016    Post subject: Re: House buying woes - Structural weakness Reply with quote

LustyLew wrote:

The property is freehold with a 50/50 split over maintenance of the structure. Ground floor covers lower half, top floor covers upper.
Er, that doesn't sound like the freehold I know of. Is it a flat?
LustyLew wrote:
Offer £10k lower than my initial offer and take the risk
You think the mortgage company would like that much? I reckon they're now an interested party to this information and might very well have it as a condition of sale that the work is carried out
LustyLew wrote:
negotiate the work to be carried out by the current owner and the owner above (significantly delaying the process).
That's the only safe bet to be fair.
You could also combine all the above, get a quote for the work and offer proportionally less. Depends how much you love the place and the area.
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B5234FT
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PostPosted: 16:17 - 18 Mar 2016    Post subject: Reply with quote

walk away. I've done a a fair amount with houses over the years, but trying to sort that with an adjoining neighbour involved and then get the render to match well enough that it doesnt just look shit isnt quick, nor cheap.

Unless there is a total absence of other suitable houses I wouldnt be for getting into it.
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LustyLew
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PostPosted: 16:55 - 18 Mar 2016    Post subject: Re: House buying woes - Structural weakness Reply with quote

UnknownStuntman wrote:
LustyLew wrote:

The property is freehold with a 50/50 split over maintenance of the structure. Ground floor covers lower half, top floor covers upper.
Er, that doesn't sound like the freehold I know of. Is it a flat?
LustyLew wrote:
Offer £10k lower than my initial offer and take the risk
You think the mortgage company would like that much? I reckon they're now an interested party to this information and might very well have it as a condition of sale that the work is carried out
LustyLew wrote:
negotiate the work to be carried out by the current owner and the owner above (significantly delaying the process).
That's the only safe bet to be fair.
You could also combine all the above, get a quote for the work and offer proportionally less. Depends how much you love the place and the area.


It's a block of four mainsonettes. I only have the information I have been given.

Interestingly the Mortgage Valuation shows no mention of 'blown walls' or cracks of any kind and was entirely happy to lend based on its current condition.

This survey was commissioned by me after that valuation survey was completed and OK'd.

Think I'll get a structural survel carried out for a second opinion...
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Ste
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PostPosted: 17:01 - 18 Mar 2016    Post subject: Reply with quote

"Think I'll get a structural survel carried out for a second opinion..."

Why?

Either there is significant cracking, bulging and distortion of external brickwork or there isn't.
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UnknownStuntm...
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PostPosted: 17:12 - 18 Mar 2016    Post subject: Reply with quote

Mortgage valuations are known as 'drive bys' for a reason. If the lender finds out there are structural things you know about and haven't fixed, they might get mardy.

Show us a pic, please!

Also, how much are you currently out of pocket, if you don't mind me asking. And did you take out some form of 'fall through' insurance with the purchasing conveyancers?
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Ste
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PostPosted: 17:17 - 18 Mar 2016    Post subject: Reply with quote

Hopefully OP is using real solicitors rather than conveyancers. Thumbs Up
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P.
Red Rocket



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PostPosted: 17:46 - 18 Mar 2016    Post subject: Reply with quote

Look for something that doesn't resemble a flat. Something is yours. Only yours. Fuck sharing.
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stinkwheel
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PostPosted: 18:02 - 18 Mar 2016    Post subject: Reply with quote

Motorcycle for sale. Unfinished project, non runner. New piston fitted. 95% complete only a little work needed for the MOT. Contact bodyguard@weldedsprocket.com for details.

That's what you're looking at.
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Rogerborg
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PostPosted: 19:01 - 18 Mar 2016    Post subject: Re: House buying woes - Structural weakness Reply with quote

LustyLew wrote:
Walk away?

Only if you have some problem that stops you from running.

If you can find anything in the marketing that sounds like a statement about it being in sound condition, I'd also invoice whomever made that statement for the cost of your survey.
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LustyLew
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PostPosted: 21:35 - 18 Mar 2016    Post subject: Reply with quote

I don't have any pics of the issue in question unfortunately. I'm swinging by the property.

Oh, definitely using a solicitor!

Out of pocket about £800, certainly budgeted to lose this in case of problems.

Here's the listing .

Also fully understand the lender will want to know. I'm a first time buyer and trying to learn this as I go...
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angryjonny
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PostPosted: 22:09 - 18 Mar 2016    Post subject: Reply with quote

WTF? That corner above the front door looks like it hasn't downloaded properly. Is that actually the state of the wall?
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LustyLew
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PostPosted: 22:17 - 18 Mar 2016    Post subject: Reply with quote

Ivy. Poisoned at the root. Very much dead. Quite possibly the culprit for the damage I'd guess...
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duhawkz
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PostPosted: 22:43 - 18 Mar 2016    Post subject: Reply with quote

I doubt Ivy has caused significant structural issues.

and Laughing at london prices, I paid 140K for a 4 bed detached, with detached garage parking for 4 car etc.. up north
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wodge
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PostPosted: 22:48 - 18 Mar 2016    Post subject: Reply with quote

stinkwheel wrote:
Motorcycle for sale. Unfinished project, non runner. New piston fitted. 95% complete only a little work needed for the MOT. Contact bodyguard@weldedsprocket.com for details.

That's what you're looking at.


"Fieldbike" for sale, no keys or docs, Forks bent due to recent crash into back of Mercedes. pikey@dartfordscum.com

https://www.bikechatforums.com/viewtopic.php?t=310537&postdays=0&postorder=asc&start=0


Here's the listing .
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Chuffin Nora
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PostPosted: 04:17 - 19 Mar 2016    Post subject: Reply with quote

But.

Priorities-your-right-get time . . .

What's the garage like?


LustyLew wrote:
I'm swinging by the property.


https://il1.picdn.net/shutterstock/videos/10703789/thumb/10.jpg
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P.
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PostPosted: 07:40 - 19 Mar 2016    Post subject: Reply with quote

245000....In Dartford. Have you suffered a head injury.

I'm looking around that area but not a chance id look at sharing.

https://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION%5E1303&insId=1&minPrice=190000&maxPrice=260000&retirement=false&primaryDisplayPropertyType=houses&radius=3.0&googleAnalyticsChannel=buying

Choose anything but your one.
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BTTD
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PostPosted: 07:49 - 19 Mar 2016    Post subject: Reply with quote

Repointing a wall is easy but dull work that pretty much anyone can do.

As for the wall bulging and needing rebuilding, go and look at it yourself. There may be some small cracks where the building has settled, and if so a surveyor trots out standard arse covering blurb of wall ties bad build new house.
If the wall is actually bulging you will be able to see it clearly.
Look along the length of the wall from the corner. Is the wall flat, or is it clearly bowing out? Look at how the window frames sit, the gutter line etc. Are the spacings even and straight?
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andyscooter
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PostPosted: 08:36 - 19 Mar 2016    Post subject: Reply with quote

mates just sold his 4 bed house with a canal at the back with a boat mooring for £165,000

quarter of a million quid for a two bedroomed ground floor flat Shocked Shocked
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angryjonny
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PostPosted: 09:50 - 19 Mar 2016    Post subject: Reply with quote

andyscooter wrote:
mates just sold his 4 bed house with a canal at the back with a boat mooring for £165,000

quarter of a million quid for a two bedroomed ground floor flat Shocked Shocked

We'll all retire north in a decade or two. Sell the southern hovel, buy a northern mansion, live off the change. See you soon.
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dodsi
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PostPosted: 13:44 - 19 Mar 2016    Post subject: Reply with quote

I'm from the north originally but live in the south having just bought a 2 bed flat. I got it valued at similar prices we are talking here once I have finished modernising it. The plan is to buy as big as possible down here and pay it off then move north mortgage free into the house I really want. It's not all bad paying silly money for property so long as you cash in at some point and change area.
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Pete.
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PostPosted: 18:04 - 19 Mar 2016    Post subject: Reply with quote

A shared-responsibility building with structural issues? You'd have to be mad to think that 10k would cover it. Might cover the scaffolding costs.
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Diggs
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PostPosted: 18:32 - 19 Mar 2016    Post subject: Reply with quote

If the ties have gone and you pay to have new ones put in you will be left with a tell-tale series of drill holes through the centre of your bricks. When you come to sell, these will put off potential purchasers as they will worry that the remaining ties are knackered. Wall ties failing is a sign that the cavity has been compromised, and you don't want a compromised cavity!!!
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swampy
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PostPosted: 19:00 - 19 Mar 2016    Post subject: Reply with quote

OT: I thought that maisonettes were over two floors.. Usually as part of a bigger building or tower...

Thats a ground floor flat.
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