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Would you pull out?
12

Bodgejobvendors · 13/05/2022 23:00

Pros:
Perfect area for us
Great potential, large and not unreasonably priced considering the area and size versus work required m. It’s probably £75k less than “done” houses on the street
We got our mortgage offer in before rate rises so have a great rate which makes extra borrowing for refurb affordable

BUT, we have found out a lot through the survey:
kitchen extension doesn’t have building regs and will need full blown replacement in a few years
rebuild will be compromised by a manhole cover
chimney breasts have been removed and no supports in place
upstairs bathroom needs replacing asap
leaky plumbing in the downstairs shower room causing damp.
surveyor unable to inspect floorboard joists under laminate flooring
outbuilding in garden needs demolition
everything has been done so shoddily we can’t rule out finding something else.

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vipersnest1 · 13/05/2022 23:08

Walk away.

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Theunamedcat · 13/05/2022 23:09

Walk away quickly

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friendlycat · 13/05/2022 23:12

The lack of building regs and chimney breast removed without support is big. Especially the chimney breast. Basically the whole chimney could fall through. And you mention this in the plural.

It would be a no from me. Anyone who does things so shoddily like this I would expect a whole host of other problems.

you mention the kitchen extension needs full blown replacement and that’s adding thousands as well. Why do people do this? If you are going to extend and remove chimney breasts ok, but do it properly.

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LittleOwl153 · 13/05/2022 23:15

I would ask the vendors to get building regs sign off, and to rectify the chimney situation - which they are going to have to do anyway unless the find a cash buyer and see where you go from there. That sounds like more than £75k worth of work to me - what does the survey say its worth?

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easyday · 13/05/2022 23:16

Get a builder in to tell you how much snd reduce offer by that and then some as you have to live with the inconvenience. It's going to cost a lot more than £75 k to fix all that - and things are rarely better once work gets started so costs could spiral.
Or walk away.

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friendlycat · 13/05/2022 23:22

You actually need a structural engineer to look at chimney breast removal if it’s plural. This is essential. The whole house could collapse if it’s not supported. If this property is adjoined to another it’s really crucial for both.

The chimney needs supporting. It’s not an option to not. It may be standing now but does not mean in the future that it will be. Look up on line how essential this is.

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Bodgejobvendors · 13/05/2022 23:22

We’ve tried negotiating on price and it’s a flat no. Someone will pay it and do the work if we walk. It’s mortgageable and wasn’t downvalued. But building regs regularisation isn’t an option because it’s below requirements.

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Bodgejobvendors · 14/05/2022 10:29

Right, I think we’re going to pull out. Someone with more experience and deeper pockets can take it on.

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TizerorFizz · 14/05/2022 10:35

I think you are right to walk away. The mortgage is a bit of a red herring. The offer wasn’t based on the dire survey. The mortgage company doesn’t know about the chimneys or lack of building regs approval. It’s better someone with building experience buys this and you would have needed a structural engineers report on the chimneys. And deep packets.

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Youaremysunshine14 · 14/05/2022 11:30

If they've skimped on chimney supports and extension regs, just imagine what else they've skimped on that the surveyor couldn't easily see or get too. You're doing the right thing walking away.

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rainingsnoring · 14/05/2022 11:59

Gosh, you are doing the right thing walking away. The whole thing could collapse. I wonder if you would even be able to insure it. Also, if they have done so many things in such a sub standard way, imagine what else you will find!

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SwedishEdith · 14/05/2022 12:03

When was the work done (or not done)? How many years ago as that would influence by decision a lot.

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