We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
how to get rid of a falling down property!
chantkarma
Posts: 5 Forumite
PLEASE PLEASE HELP
I was a first time home buyer 2 years ago and although my mortgage company did a basic valuation survery (after numerous properties that fell through) I could not afford to get one my self.
Now my situation is that on a £150K property (well prob less in current market) surveyors believe that their is about £50K of work to do. I am the leaseholder and the freeholder is very hard to get any work out of, over the last two years he has sent in many cowboys and tried to charge the tennants for things that were initially wrong with the build (he was the developer also).
Property was built on old garden walls that can't take weight of roof (which is not tied properly), plus poor drainage work has rotted out joists causing the bathroom to collapse and part of the build is on an external wall of adjacent property where a soil pipe is seeping waste into my property - essential most of the property needs to be rebuilt.
My solicitor says I could sue coucil or mortgage lender (if I had the money!) but isn't there another way/body I can appeal to? I was hoping the bank could auction it and put the remaining cost ontoa new mortgage - am I naive?
I was a first time home buyer 2 years ago and although my mortgage company did a basic valuation survery (after numerous properties that fell through) I could not afford to get one my self.
Now my situation is that on a £150K property (well prob less in current market) surveyors believe that their is about £50K of work to do. I am the leaseholder and the freeholder is very hard to get any work out of, over the last two years he has sent in many cowboys and tried to charge the tennants for things that were initially wrong with the build (he was the developer also).
Property was built on old garden walls that can't take weight of roof (which is not tied properly), plus poor drainage work has rotted out joists causing the bathroom to collapse and part of the build is on an external wall of adjacent property where a soil pipe is seeping waste into my property - essential most of the property needs to be rebuilt.
My solicitor says I could sue coucil or mortgage lender (if I had the money!) but isn't there another way/body I can appeal to? I was hoping the bank could auction it and put the remaining cost ontoa new mortgage - am I naive?
0
Comments
-
Is the property a flat, or a house? If the latter, the freeholder has no responsilbilty in relation to property repair or maintenance, as the freeholder just owns the land."You were only supposed to blow the bl**dy doors off!!"0
-
it is a flat, but I am unsure the freeholder will do anything responsibly as he always does ungarunteed work with cowboys and has charged tenants for it0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards