Hi there
I'm looking to buy an end terrace house. The original houses in that street were built at the turn of the century though this one looks like it was rebuilt perhaps due to WW2 bomb damage. There is an extension at the back that was built prior to the current owner buying it (2004)
In 2004 it was mortgageable as the current owner has a mortgage on it.
There is a significant crack down the side
I've had a homebuyer's survey done on it and it mentions 'substantial cracks that are due to movement but can't definitely say whether ongoing or not'
It also mentions that 'the floors slope towards the rear of the property' again with the implication that there has been movement.
Drains etc were checked for movement and they were ok.
I'm getting it for a fair price that factors in full renovation works but not for major issues like under pinning (or demolition and rebuild!!)
I could of course get a full structural survey but am slightly worried that the seller might change his mind as I promised him a quick sale.
Your opinions would be very much appreciated
I'm looking to buy an end terrace house. The original houses in that street were built at the turn of the century though this one looks like it was rebuilt perhaps due to WW2 bomb damage. There is an extension at the back that was built prior to the current owner buying it (2004)
In 2004 it was mortgageable as the current owner has a mortgage on it.
There is a significant crack down the side
I've had a homebuyer's survey done on it and it mentions 'substantial cracks that are due to movement but can't definitely say whether ongoing or not'
It also mentions that 'the floors slope towards the rear of the property' again with the implication that there has been movement.
Drains etc were checked for movement and they were ok.
I'm getting it for a fair price that factors in full renovation works but not for major issues like under pinning (or demolition and rebuild!!)
I could of course get a full structural survey but am slightly worried that the seller might change his mind as I promised him a quick sale.
Your opinions would be very much appreciated