FAO DIYers i need your input

Chopper_Read

Farside wrote: »

Yeah i know, but it's the only house i can afford lol.

Atleast i have a mate who is a qualified surveyor so he can come look at the house for free too and tell me if anything is seriously knackered. He saved me a fair bit a few weeks ago as the property i was looking at had damp rot and had subsidence as well as bad damp in places, he know all the tricks like moving furniture that obviously had been placed over cracks and damp to try and keep it hidden from first time buyers haha.

As long as he knows all the tricks you'll know what you're getting.

Just make sure all the pipes are present in the loft before you turn the water on.

Antispam

They tend to get them for you from a trade supplier and fit then dont go with BG they double the quote

Expect to pay around £1.5k to 2k tops assuming its not a very large property and or extra work doing, BG probably charge at least 2.5k to 3k

Farside wrote: »

thats good! Do all these local gas safe installers all sell boilers too?

Farside

Chopper_Read wrote: »

No, but they'll get you one from the plumbers merchant and charge accordingly.

Ok thanks

Farside

Chopper_Read wrote: »

As long as he knows all the tricks you'll know what you're getting.

Just make sure all the pipes are present in the loft before you turn the water on.

Haha good thinking! did that happen to you before? :rotfl:

Farside

Antispam wrote: »

They tend to get them for you from a trade supplier and fit then dont go with BG they double the quote

Expect to pay around £1.5k to 2k tops assuming its not a very large property and or extra work doing, BG probably charge at least 2.5k to 3k

Ok thanks, I think i may need new piping and i also need much larger radiators installing.

Chopper_Read

Farside wrote: »

Ok thanks, I think i may need new piping and i also need much larger radiators installing.

Budget for the shell of the house as you see it and assume that everything needs replacing. If it doesn't then that's a bonus. But it may not be as cheap as it first seems.

ValHaller

Chopper_Read wrote: »

It sounds like a classic repossession. .... What else have they done?

I agree. Repo.

Farside, this one does not look good for someone with no experience of DIY.

But I think your biggest problem may arise if the previous owner has taken the kitchen out or perhaps 1 or 2 other things - you may find that the property is unmortgageable or you may find that the mortgage lender applies rententions.

If for example, £10,000 of repairs are required to make the place acceptable to the lender, they may apply a retention of £10,000 which will mean that they hold back £10,000 of the mortgage until you have done the repairs. This leaves you £10,000 short on the money to buy the property and you will need to find another £10,000 to actually do the work

Farside

ValHaller wrote: »

I agree. Repo.

Farside, this one does not look good for someone with no experience of DIY.

But I think your biggest problem may arise if the previous owner has taken the kitchen out or perhaps 1 or 2 other things - you may find that the property is unmortgageable or you may find that the mortgage lender applies rententions.

If for example, £10,000 of repairs are required to make the place acceptable to the lender, they may apply a retention of £10,000 which will mean that they hold back £10,000 of the mortgage until you have done the repairs. This leaves you £10,000 short on the money to buy the property and you will need to find another £10,000 to actually do the work

The kitchen and bathroom are in very good condition, they look new. Apart from the lights and shower head that have been taken. I'll ask the EA today if it's a repossession. But i don't know why they took the lights and left the kitchen... it's strange. Maybe they were really expensive lights lol.

keystone

I know you only wanted input from DIYers so refrained but having watched this thread develop with some interest I have to offer you some advice:

Run away!

Cheers

ian103

I think Keystones advice is sound and the one I'd follow!