Buying a Repossessed House

CEON44

CEON44 wrote: »

If you can, switch to gas. Best investment you'll ever make.

Not the case. Best investment at the minute has to be free boiler and fuel, correct?? Well thats what you get if you go the biomass route. There are a couple of threads on it here and its really strange that more people arent going for it. You do need to pay out money upfront but it is returned to you by grants over a 7 year period. Ive done it and it really can work for you. You can buy boiler for maybe minimum 3K but better to go with better make. In my case I paid £8k for bolier, buffer, flue etc etc plus fitting. After commissioning I got £2.500 back immediately plus I now get £2.200 back per year for 7 years. So over this period I will get back enough to cover the cost of installation plus enough to buy the wood pellets. After 7 years if its not then competitive I just rip it out and replace with whatever best option is then. Wont have cost me a penny.

Anyone considering this sort of thing would be best to investigate it soon. I saw a report over the weekend where the government may pull these "Green Energy" grants

EitherWalnut

Was originally going to install gas, but decided that since oil is so cheap at the moment I'd wait and rethink after the winter. As much as I would love to go down the eco-biomass route I just don't have the upfront moolah. I don't think any of my new oil has been siphoned off - suspect it was done before I moved in. If someone is going to go to the effort of drilling the tank i'm not sure what I can do to stop them - short of some razor wire and a doberman!

Mistral001

nicmalauren wrote: »

I don't think any of my new oil has been siphoned off - suspect it was done before I moved in. If someone is going to go to the effort of drilling the tank i'm not sure what I can do to stop them - short of some razor wire and a doberman!

A few months ago, there was a poster who was wanting advice on how to get the oil from the tank of the house they were selling into tank of the house they were moving to. Maybe that poster sold you the house!


I think it is mean and miserable, but apparently it seems to be quite a common thing to do when selling a house these days.


PS. Could the hole through the cap and lip of the tank be there for a padlock?

qwert_yuiop

CEON44 wrote: »

Anyone considering this sort of thing would be best to investigate it soon. I saw a report over the weekend where the government may pull these "Green Energy" grants

Already happened at supplier level. Some farmers who got into the wind turbine business just a little too late are now the owners of a lot of scrap metal since the subsidies were changed.

qwert_yuiop

Mistral001 wrote: »

A few months ago, there was a poster who was wanting advice on how to get the oil from the tank of the house they were selling into tank of the house they were moving to. Maybe that poster sold you the house!


I think it is mean and miserable, but apparently it seems to be quite a common thing to do when selling a house these days.


PS. Could the hole through the cap and lip of the tank be there for a padlock?

A friend of mine moved into a house to find all the light bulbs had been taken and there was a bill for residual oil on the kitchen bench, which was of course promptly binned.

bingo_bango

Mistral001 wrote: »

A few months ago, there was a poster who was wanting advice on how to get the oil from the tank of the house they were selling into tank of the house they were moving to. Maybe that poster sold you the house!


I think it is mean and miserable, but apparently it seems to be quite a common thing to do when selling a house these days.


PS. Could the hole through the cap and lip of the tank be there for a padlock?

Winner, winner, chicken dinner. Well done Mistral for pointing out that this is exactly what the holes are for. Not as nefarious as some would like to think!

That said, drilling tanks is something that happens quite a lot. Generally they will drill near the bottom of the tank though, as the pressure of the weight of oil will empty the tank a lot quicker.

qwert_yuiop

bingo_bango wrote: »

Winner, winner, chicken dinner. Well done Mistral for pointing out that this is exactly what the holes are for. Not as nefarious as some would like to think!

That said, drilling tanks is something that happens quite a lot. Generally they will drill near the bottom of the tank though, as the pressure of the weight of oil will empty the tank a lot quicker.

Yes indeed. Empty it straight out on to the ground. Hardly the point.

Surely you'd use a stanley knife to open it near the top, above the oil level? Theoretically speaking of course.

tara747

Mistral001 wrote: »

A few months ago, there was a poster who was wanting advice on how to get the oil from the tank of the house they were selling into tank of the house they were moving to. Maybe that poster sold you the house!


I think it is mean and miserable, but apparently it seems to be quite a common thing to do when selling a house these days.

qwert_yuiop wrote: »

A friend of mine moved into a house to find all the light bulbs had been taken and there was a bill for residual oil on the kitchen bench, which was of course promptly binned.

What?? How tight @rsed can you get???? :eek:

qwert_yuiop

Very, when you sold the house for less than you'd paid for it. I used to work with the previous owner, which was strange. It's actually illegal to remove fitments such as light bulbs prior to moving out if they were there when the house was sold.

CEON44

tara747 wrote: »

What?? How tight @rsed can you get???? :eek:

Talk about tight arsed. I remember when I bought my first house back in 1982. On the day I collected the keys from the estate agent I went to the house. The seller happened to be there, waiting for me I think. In the sitting room he had standalone units, about 5 feet high. at each side of the chimney breast. They werent included in the sale and he had removed them. But he had only wallpapered down to just under the tops of where the units sat, leaving bare walls to the ground, which I wasnt made aware of. I was a bit deflated to be honest as I knew it meant immediate work which I wasnt prepared for on moving in. Then he produced a roll of paper, same as on the walls and "offered" it to me for a tenner. In my confused state I agreed, not thinking what a botch job it would be to try and paper the bare sections. Then into the kitchen he had a small spare kitchen door, same as was in the kitchen. He also offered that to me for a tenner and again I agreed, not noticing that there was nowhere for this door to go! No room for any more units. Took me few days to realise what an idiot I was. Still get red faced even yet thinking about it.