Help! advice on pylons pls

dangermouse1977

Ok, found a perfect house.. the only downside is thaththere is a 4 bed detached house next door to us and next to that, there is a pylon.

My questions are..

* am I in a better position to barter with the developer to get it cheaper?

*would you live near a pylon?

*will it be difficult to sell on?

We need to let them know by 10am today but I really don't know what to do.

We are Defo not going to be able to afford any further releases as the prices just keep going up.. (New build)

Ahhhh what to do...

moneyistooshorttomention

OOH...sympathies on that one.

Errrm...I wouldn't buy a house personally with a pylon that nearby. From which, obvious conclusion there are certainly some people who wouldn't buy it on after you if you went ahead.

Have you tried checking out what "secondhand" houses are up for sale in your area? Many will need work (as in "loads of" at that), but in some areas of the country there will be starter houses that look ready to move into.

Where I am now I am trying to recall any secondhand starter houses that didn't need loads of work (or many houses all round that didn't in fact), but in wealthier areas of the country and with a higher number of houses for sale then it is possible to find ones that look "ready to move into".

dangermouse1977

It's not an option for us
We need the 20% equity loan oweall we'll be able to buy is a shed at this rate!!

To be honest I doubt we'll ever move.. We can't have anymore children and it's a 3 bed so unless we hate it it will prob be our forever home.

princeofpounds

Let's say it; cancer.

There's a lot of silly journalism on the subject, but I think the following write-up is reasonably fair:

http://www.theguardian.com/society/2005/jun/03/medicineandhealth.cancercare

In summary:

- There have been a good number of studies into this issue over the years

- Most have found no link, but a minority suggest there may be a link. Unlike some of the nonsense around substations, they are not totally dismissable studies.

- If there is a link, it could raise a vanishingly small chance notably. But that would only be into a slightly less vanishingly small chance. (i.e. a small chance can be big relative to another small chance, but it's still small)

- There is some serious doubt over what a link might be. It's very possible that people who live near power lines on average tend to have different lifestyles - certainly they are less likely to be wealthy!

To be frank, it's probably vastly more of a health risk to buy a house with a pond or a busy road out front. But people will always focus on the sensational.

And in practical terms, yes you should barter it cheaper than equivalent properties further away, if only because it has a great ugly pylon spoiling the view. But it might be a pain to sell on and you'd have to offer that same discount.

molerat

You say "developer". Is this a new build and if so is the development still on the go. We have a large development near us with pylons running along one side of it but the pylons are coming down in the next year or so and the site is extending across the pylon run.

tyllwyd

I don't think there is a definite answer. There are high voltage pylons running alongside a housing estate near us. My friend had a house reasonably near the pylon - when she came to sell, one buyer pulled out when the surveyor's report flagged up the pylon, but her second buyer bought with no problems. It is always going to be that much more difficult to sell, and people are going to try to push you down on price, so if you buy you need to do it with your eyes open.

lincroft1710

It isn't usually the pylon itself which is the problem, but the wires they carry. So if the wires cross any part of the property, I would be very wary.