Hi!
We are first time buyers and have had the homebuyers report back on the property we are purchasing.
The property is a two bedroom converted ground floor flat in a two storey house, built around 1900. It was valued at the asking price so no issues there, however there were a number of 3 (red) items on the report that has us worried. These are;
- Main walls - 'some deterioration, softness and wear is noted to brickwork requiring re-pointing'. 'systematic checks for dampness to the inside face of external walls reveals a number of significantly raised readings, further dampness is evident to the shared hallway'.
- Walls and Partitions - 'Quite extensive areas of hollow, loose and damp plaster are present and you should anticipate some re-plastering'. 'Systematic checks for dampness to the face of internal walls reveals some signicant raised readings in a number of areas'
- Floors - 'Walls are damp and therefore sub floor timbers built into or attached to the walls are susceptible to rot'
- Woodwork - 'Some internal door fittings show signs of wear and tear, the repair and replacement of such fittings can prove difficult and expensive'. 'Timber defects such as infestation by woodboring beetle are not uncommon in properties of this age and type'
- Other - 'some condensation related issues are noted on inspection'
- Electricity - 'there is no recent test certificate, dated within the last 12 months for the installation', 'the observed wiring and fittings are a mix of ages suggesting partial re-wiring in the past, some areas may require updating'
- Gas - 'there is no recent test certificate, dated within the last 12 months'
As you can see there is quite alot of warnings which require immediate attention so it has overwhelmed us! Would be grateful of any feedback as to the severity and costs involved in the above? And ultimately if these are things that would lead us to consider pulling out of the sale?
Thanks in advance for any feedback!
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