We're in the process of buying a 3 bed house which needs some repair work carried out in order to release the whole mortgage (the lenders are holding back £1000).
The main work to be done is the house needs rewiring, and a lintel above the front window requires replacing (although the surveyor actually said there was no lintel there at all, and we needed one put in - but surely no lintel would = collapsed property?)
Unfortunately, the builder who visited the property to provide us with a quote on lintel replacement has got back to us today to say he couldn't access the property (visit was on Friday last week, and arranged when we got the mortgage paperwork through, so not sure why he waited until today to tell us), but it would normally cost about £900 to do the work. This sounds very very low to us, but we are FTBs, so we may just be assuming all building work costs more than we have.
We need to submit the mortgage paper work by monday or will lose our offer. I've phoned round some local builders to get one to actually provide a proper quote, but none have time before friday this week, and the estate agents can't let them in anyway.
Aside from banging our heads on a brick wall, we're now just having to chance it, and hope we can afford the repair work when we get a real quote, but it would be very useful to hear other people's experiences.
thanks :)
(I've posted this on the moneysaving expert forum too, in case anyone sees it there and goes 'hang on a minute!!')