Hi everyone,
We found what we thought was our dream home recently and had an offer accepted. We agreed a price which was £25k over the asking price as we were in competition with another couple.
When we were shown the house we were told it needed some modernisation and that was evident - the house is dated and just not to our tastes. My in laws predicted it would need a new roof but we were happy to do that if needed.
However, the survey has come back and it needs significant repair work that has come as a real shock. This includes but is not limited to:
· Cracking/movement to walls supporting raised patio plus deflection/movement to concrete patio surface. Reconstruction required.
· Radon Risk Report advises that the property is in an area with a 1 – 3% risk of Radon Level being above the ‘Action Level’. Testing recommended.
· Timber railings around raised patio in poor condition. Renew.
· Damp detected to roof timbers.
· Rising damp detected at low level to wall of side extension towards front of garage. Repair.
· Toughened safety glass not installed to ‘Critical Locations’ of exterior glazing, for example, doors and side panels. Repair possible, although complete replacement more appropriate given age/condition of frames.
· Warped interior door to Kitchen. Renew.
· No evidence of any testing to electrical installation. Test required. At least partial replacement likely.
· Lid no longer fits plastic water storage tank to roof space. Tank deformed and renewal required.
· Smaller adjacent tank has no lid and is poorly supported. New tank and better support required.
· Leak to shower pump in airing cupboard. Thermostatic control also defective to Bathroom. Repair/renew.
· Blockage to drain at bottom of garden where this joins public sewer.
· Asbestos cement sheeting used as fencing at bottom of garden. Arrange removal by licenced contractor.
It ain't pretty.
My main fear is that we may negotiate money off the sale price but this could be a real money pit. We don't know what we'd be letting ourselves in for and, like most people, we don't have a bottomless pool of money to fund repairs.
I hate the idea of pulling out, but then I also struggle to have too much sympathy for the vendors as they did openly admit to the surveyor that they've done nothing to maintain the house over the last 2 decades.
What do you think?
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Disastrous survey - time to pull the plug?
55 replies
MrsRoff · 31/01/2017 17:46
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