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Valuation Report

Had a valutaion report back on a house I'm in the process of buying, I also had a Homebuyers Survey but waiting on that.

It mentions a few things that have worried me:

It says there has been some movement, which may be progressive.

It also draws attention to:

The movement and recommends a structural engineers report.

The electrical system, says it's dated and needs upgrading

The damp, but I knew about this already.

The gas, recommends having a gas report.

The loft, to have it inspected and check the party walls are built up to the apex. And also that the ridge is tied to the main structure with suitable lateral restraint - this bit might refer to the top of the house which is built over a shared passageway.

I'm more worried about the movement then anything else, as it may make it difficult to insure the house and sell it in future, can anyone offer any tips/advice?
2p off is still 2p off!

Comments

  • benood
    benood Posts: 1,398 Forumite
    If the valuation is the same as or exceeds your offer don't worry overmuch and wait for the homebuyers verdict, all the points sound like standard caveats rather than identification of serious problems to me.

    Good luck
  • fatboyonadiet
    fatboyonadiet Posts: 5,400 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Valuation is the same, any idea how much a structural engineers report costs?
    2p off is still 2p off!
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I pay £250+VAT for a structural engineer's report. I would be asking your vendor to pay for that. It's not standard.

    I think the ridge thingis called a purlin. sometimes houses have a diagonal tie from the top of th eroof down through the loft, which people cut through for storage, which they shouldn't, of course.

    Everything else is pretty usual but will need checking if they have recommended it. I wouldn't pay for any other reports until the structural report is in, just in case.
    Everything that is supposed to be in heaven is already here on earth.
  • fatboyonadiet
    fatboyonadiet Posts: 5,400 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Had the Homebuyers survey back and it doesn't give any urgent matters but recommends further investigation of a few things;

    Getting a Structural Engineers report
    Timber and damp survey, to include penetrating damp
    Rendering to base of wall, to be included within the timber and damp survey
    Party walls in roof space
    Upper floors
    Internal walls at first floow
    Internal glazed door
    Electrical system
    Gas inspection if no record of maintenance
    Drain inspection

    The latter aren't so scary and expected of a property of this age, but the first few I have no clue about, I am waiting on a call back from the surveyor and hopefully he can supply some extra comments

    It also gives some maintenance considerations;

    Lead tags to main roof
    Chimney
    Rainwater fittings
    External joinery
    Internal re-decoration

    Anyone offer any extra advice? I can supply further info out of the reports if it's of any use.
    2p off is still 2p off!
  • ixwood
    ixwood Posts: 2,550 Forumite
    While probably normal with a older unmaintained house, all sounds a bit expensive to me and mega hassle.

    What's (potentially) wrong with the floors? 1st floor walls?

    Depends on the price of course and also maybe the local market, but you consdered running for the hills? ;)
  • ixwood
    ixwood Posts: 2,550 Forumite
    Surveys that are full of disclaimers and further survey recommendations and other back coverers are silly IMO. I'd rather pay £250 for the guys honest opinion on stuff, with no chance to sue afterwards.
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Party walls in roof space
    In older terraces, the houses were open to each other in the roof. You need to brick it up, doesn't need to be pretty, to provide a firebreak to protect you/your neighbours for longer if fire breaks out in one house.
    Upper floors
    ?
    Internal walls at first floow
    ? replastering?
    Internal glazed door
    Won't comply with current regs. You could go through it. If it's a nasty .60s type thing you'll want to lose it anyway as it's a crime against good taste.
    Drain inspection
    You need a CCTV survey. Standard stuff.


    The rest means it isn't brand new, hasn't been refurbished recently. Lord knows what the point of a survey is if you have to call out every tradesperson anyway.
    Everything that is supposed to be in heaven is already here on earth.
  • fatboyonadiet
    fatboyonadiet Posts: 5,400 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    It also mentions inter-joist insulation and topping it up - what does this cost?

    It also says the covering is slightly disturbed in places about the roof structure and covering.

    The flaunching on the chimney is in poor condition?!?!

    There is some softness within the fascias of the eaves?!?!

    Regarding the upper floors and inner walls, it says there is evidence of sloping and some of the door heads are out of true.

    I'm guessing a lot of this is standard for a property of this age and they're being over-cautious but most of this is double duthc to me!
    2p off is still 2p off!
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    LOL! They were quite thorough actually!

    inter-joist stuff = Loft insulation. It's ofton BOGOF in B&Q. Won't cost much expecially as you already have some; one of those things to do when you feel like cutting your energy bills.

    Flaunching, erm, how did they get up there! It's the mortar that sticks a chimney pot to the chimney breast. Can be fixed for pennys when you eventually get someone up on the roof for your fascias.

    Fascia and soffits, they're normally wood in older houses. It almost like boxing that goes around the house just behind the guttering to keep it neat where the roof overhangs the walls and stops rain coming back against the house (sort of thing). Fascia is the vertical bit; soft = rotting. You can replace it with uPVC sometime. It's not that expensive.

    Sloping to the floors and doorways is why you are being asked to have a structural engineers report, without a doubt. The house has quite clearly moved. Old houses do, but being asked to get a structural engineers report is a little worrying.

    It's taken me ages to learn about stuff; many of the words still get me but how you are supposed to have a clue, I don't know!
    Everything that is supposed to be in heaven is already here on earth.
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