Hi All.
An end of terrace stone cottage is up for sale at £112K and the mortgage valuation is suggesting it is only worth £110K due to damp (but no specifics).
This cottage has been modernised over the years with no obvious signs of damp, but the end of terrace external wall feels cold to the touch where the 'unused' chimney has been sealed (air bricks are fitted).
The potential buyer is now going to conduct a full damp test of the house, obviously spooked by the revised valuation.
What are the expectations of a stone house which is around 150yrs old? There is nothing obvious, so how should the current owner respond if the buyer is expecting a perfect building?
The whole street is of the same age/construction so I would be very surprised if there were any perfect specimens within the neighbourhood.
Cheers
Doug
An end of terrace stone cottage is up for sale at £112K and the mortgage valuation is suggesting it is only worth £110K due to damp (but no specifics).
This cottage has been modernised over the years with no obvious signs of damp, but the end of terrace external wall feels cold to the touch where the 'unused' chimney has been sealed (air bricks are fitted).
The potential buyer is now going to conduct a full damp test of the house, obviously spooked by the revised valuation.
What are the expectations of a stone house which is around 150yrs old? There is nothing obvious, so how should the current owner respond if the buyer is expecting a perfect building?
The whole street is of the same age/construction so I would be very surprised if there were any perfect specimens within the neighbourhood.
Cheers
Doug