As you may know we hae recently found and offer accepted on a house. House is good price, great location, near good school for DD, and a great size, especially for area.
But BIL (a building surveyor) did a full survey on it yesterday and found lots of problems. All typical of a house of this age (1930s) where the owners haven't looked after the property properly.
Main problem is damp. Most downstairs walls have damp which needs doing asap.
Also:
- extension hasn't had proper flashing (???) added to it where it joins, so needs that replacing
- bay window is bowing - needs sorting out which can be a pain of a job
- chimney stack needs redoing
- electrics may need some sorting out - lots of connectors in the loft which wouldn't meet current standards
Think that's it!!! BIL is writing it all up and getting full costings for everything this week.
We do like the house and will still go ahead so long as:
(a) costings aren't way too high (BIL gave a rough estimate which seemed fine)
(b) current owners will negiotiate price - not sure how we go about this though. They must know about some of this as they only bought it 4 years ago, and the damp at least they should be aware of
(c) main work (ie. damp and window) can be sorted out before we move in. We have the option of renting our own apartmanet from our buyer for a month or two to allow this. Just need to get the workers.
Only option is to find another house :( which is not ideal. Not much around right now. And the house we saw where everyhting had already been done was a lot more expensive, and not as big either.
BIL suggests it is worth doing, so long as we can deal with the delay in moving and so long as we can at least split the costs with the current owners. If we do it asll we get a good house in a good state. There are no structural problems (only the damp).
Anyone else been through all this? How did it go? What would you do?
Never bought an older house before - other two buys were new. So have no idea about the next steps, etc.
Help!!!