Mortgage Valuation mentions Pylon

robatwork

Personally I wouldn't be put off as a buyer by those cables or pylon. You have 2 considerations 1 - would it affect your health, for which I am sure you can do plenty of research. 2 - would it put off future buyers; yes and no of course, and depends how long you are planning to stay there.

From your figures it sounds like a decent price.

girl_withno_name

sammy.t wrote: »

I actually dont think the vendor accepted 10k less due to the power lines- from all discussions are viewing the house twice the power lines have never raised an eyebrow for me until the valuation report which concerned me as I would probably want to move in around 5-10 years as the house is quite small due to being new build-ish.

The house may have been marketed below "general market value" for the area though, and the price may have already taken into consideration the proximity of the pylon?

Littleweedj

I still think a pylon and lines such as shown looks very ugly being so close to where you want to buy, and remember prices have dropped considerably in the last 18 months. Hope you don't mind me saying I wouldn't consider buying this property and perhaps many people would also think the same when you come to sell in the future. It may or may not effect your health over 5-10 years - do you want to take that chance?

If a surveyor specifically wrote that in a report it would certainly raise a red flag to me. You are right to have a good think before going ahead with this purchase.

DVardysShadow

sammy.t wrote: »

Thankyou for the very insightful replies, they are giving me a lot to think about.

.....

I have measured the distance of the house from power lines and it is approx 20 metres away from the power lines.

Its good to hear that it could be carrying 132kV each side (total of 264kV) rather than the 400 kv I thought it was.

Adding it up like that is irrelevant. What you have done is the equivalent of saying that you are living next to a scrap yard with 4 sets of gas cylinders each at 2500 lbs/sqinch and saying that you are living next to gas cylinders at 10000 lbs/sqinch.

sammy.t_2

Thanks for the replies robatwork, girl_withno_name, Littleweedj, DVardysShadow. I appreciate the true but negative aspects you have raised as it has opened my eyes as to how other people will view the house when I come to sell it - I guess when your mind has been set on a house for a few weeks you automatically try to put aside the negative aspects of the house as you start to become attached to it.

I think I will have to take a few more days thinking whether I really want the house, and if the price is right as it may possibly not be as good a deal as I thought. I think before this thread I thought it was normal for a surveyor to mention power lines if a property was anywhere remotely close to a pylon to cover their own back - maybe I am overlooking the importance of the note the surveyor has put.

Cariad71

Hi,I think the surveyor is saying its worth what your paying and that's with taking the pylon into consideration.
The pylon is not going to affect the price of the house but may affect its saleability. I personally would find it an eyesore.

gld73

I'm on my 5th house now with various moves around the country over the years... I think if I'd paid attention to every negative aspect mentioned in the survey reports, I would never have even bought even one! From my experience, the surveyors will point out every negative point ... I'm not saying it's a bad thing, it helps you make an informed choice - but they have some standard sentences they'll stick in, like warning about possible flooding if a waterway is within a couple of hundred metres (the time I had that, the stream was quite some distance away and downhill and even in severe flooding would never have climbed up to the house). I suspect it's the same with proximity to pylons and power lines - if they're visible, they'll be mentioned.

It's really up to you whether you go ahead with the purchase - if it's the house you really want at what you consider to be a good price, and the pylons/power lines didn't bother you when you viewed it, then surely nothing has really changed. (There again, I'm one of those people who just bought each house as a home to live in, rather than thinking of it as an investment to make money on!). Having worked at power stations and around pylons quite a lot in the past, personally they wouldn't bother me at all - but each to their own.

inmypocketnottheirs

FWIW I don't think I would buy a property so close to pylons and power lines.

buenfoxa

Its not necessarily the house price that the issue in the future, its getting people through the door. With streetview and google earth its easy to find a property on rightmove which on the face of it looks good, then go onto streetview and google earth to sus it out further - it would be when people do this that they would (in my opinion) be put off by the lines and not even consider a viewing of it.

My motto when looking/viewing houses is if you are slightly put off with any aspect of the house, then future buyers will be and you will fins it harder to sell the house!!

tyllwyd

There is a housing estate near me that is considered the most 'desirable' area of town to live because it is close to transport links & schools, but it has high voltage pylons running very close. It's been there about 15 years now, and houses are popular there, but ones which are nearer the pylons are definitely more difficult to sell. Having said that, they do still sell - my friend had agreed a sale which fell though when the surveyor mentioned the pylon in the report, but sold sucessfully a few months later. Estate agents seemed to give different advice - some said don't mention the pylons and hope that the buyers don't pick up on it, and some said be upfront about the pylons from the start.