no building regs...will mortgage company care?

[Dropdeadfred2]

we are in the process of buying a bungalow that we are unsure when the dormer bedroom was built and neither is the vendor. ...no building regs the vendor is selling for his stepdad who is in a home with dementia ..the vendor says it is definitely at least 28 years old but there's paperwork. we have had a mortgage.valuation and it valued it at asking price but if there's no building regs will the mortgage company change this??? we want the house whatever....but it needs to be worth the asking price

The mortgage company will base the loan on the survey valuation. And it is that that will pick up any building issues. Loads of buildings that were renovated years and years ago won't have the paperwork is

Thanks Swedish. the valuation didn't mention anything about building regs ...?? the bedroom has radiators, powerpoints, dormer window etc and looks like it was always there

It'll be your solicitor who asks about paperwork but if they haven't got it they haven't got it. Maybe get a structural engineer to have a look and see what needs doing to put anything right

In the house we just bought the previous owners had no paperwork for the front bay window. Their solicitors advised they take an indeminty policy ( few hundred pounds) which covered them and kept all the legal side of things happy.

well now I'm very worried...we can't get indemnity because my husband unwittingly asked council about plans etc
the vendor says the lift was there at least 30 years ago...now our solicitor is saying this could be a big problem ...Will we lose our mortgage???

no, we had similar, there were plans but no confirmation that it was built to those...but it was done over 30 years ago. The council don't hold records that far back so how would they ever challange it.

our solicitor was very pragmatic about it.

than k you mrsladybirdface...we do t have any plans or proof...the actual owner is in a home with dementia..poor man. his stepson is vendor and never lived at the house himself...Just remembers loft bedroom always being there. our solicitor is saying as we cannot get indemnity insurAnces our lender may withdraw or demand retrospective regs which could be very expensive

It is the vendor that takes out the indemnity policy. How is that affected by your DH asking to see plans at the Council. However, a loft conversion and installation of a window in the roof is different to the installation of a bay window in structural terms. If you want to be certain the conversion is safe and properly constructed then engage a structural engineer to give you a report. This should satisfy everyone.