Historical Movement on a 1930s House

ruggedtoast

Craig_MGR wrote: »

He did say the survey its self is evidence that the house isn't suffering from landslip , subsidence and heave. The survey was a full buildings/structural survey and not a Home Buyers report.

As a side note, I can't believe how stressful the house buying process is.

I'm inclined to possibly make a lower offer. Here are the other items listed on the survey, some of which I was already aware of :

1. Repointing of brickwork needed to localised areas.
2. Windows are showing signs of failed seals and replacements needed.
3. Electrical test and some upgrading needed.
4. Hollow wall and ceiling plaster in places and replastering/skimming needed
to sections.
5. Undertake areas of internal and external redecoration.
6. Suspected asbestos cement sheeting in understairs cupboard and to boiler
flue requires testing and possible removal.
7. Kitchen needs some maintenance to cabinets.
8. Chimney needs some repointing and flashings redressing.
9. Ideally additional bracing and tieing of roof timbers needed.
10. Gutters and downpipes, gullies and inspection chamber pipework are
seeping and repair is required.
11. Boundary walls and fences require some repair.
12. Garage needs repair and upgrading.

It sounds great.

Craig_MGR

After discussing things with friends and family I have decided I am going to pull out. I am a FTB and feel I have rushed things a little . The purchase just doesn't feel right . The amount of work and initial outlay required is a lot but I also work at the local school and I feel that could be a issue.

ruggedtoast

Sorry to hear that, it's never easy to walk away once you've got used to the idea of buying somewhere but when it's head vs heart then head wins 100% of the time.

Craig_MGR

It is both head and heart in this case. Living literately around the corner from the school has been playing on my mind and the potential problems that could cause has been playing on my mind. A few of my friends can't understand where I am coming from and seem to think I could sell it anyway and make 20k profit if things didn't work out. Yes the house could sell for 145-150k if done up , but it would require getting a loan out to do it up, not to mention the associated stress.