Re-wiring

Jackman77

Hi All


I have recently purchased a property and it needs complete re-wiring. Does anyone know any companies that offer this but on finance?
Thanks

spadoosh

You'd probably be better going down the credit card route. A finance option is likely to include a bigger % interest. Also as far as i know its not too common and will certainly take you away from the smaller traders who would likely be cheaper than their national competition.

BJV

No sorry. We have just had two little houses we own re-wiried and the only advice I would give is shop around. Make sure who ever you go with is qualified and will give you all the certificates to prove it.

Also paying on finance may not be the cheapest way. It might me cheaper to get a 0% card and then pay it off monthly.

P.s Good Luck with the new house.

hazyjo

If so, they'll need to run a credit check same as a bank for a loan - if you've only just (presumably) got a mortgage, it may be tricky to get either, but I'd much rather the bank option (or interest free credit card) than any sort of agreement with an electrician - have never heard of them offering finance, and, if they do, it'll prob be at much higher rates than a bank loan.


Did you have a survey done? Was the lender aware of the rewiring?


Jx

martindow

Are you sure you need to rewire the house? Have you decided to do this on the basis of a survey? Normal surveys always say the electrical systems are not up to current standards. These change every few years and few houses will conform to the latest specifications. There is a big difference between this and being unsafe.

dirty_magic

Tesco bank were doing a 0% no fee money transfer credit card a month or so ago!

PixelPound

I second the query - who says you need a rewire? Surveys will usually say this, because as has been said standards change every few years, take the Main Consumer Unit (aka fuse box) regulations are changing on this to be made from metal rather than plastic (because some cheap units have caught fire, but well known brands are highly unlikely to do this). So you could have had a rewire last year and then sell your house in a year or two's time, surveys will come back saying a rewire because the CU fails regulations.

If you are concerned, get a reputable electrician who can perform a Periodic Inspection Report (see http://www.electricalsafetyfirst.org.uk/find-an-electrician/periodic-inspection-explained/) who will test all your wiring and say what needs doing. You can then decide when/what needs doing (e.g. if getting kitchen ripped out, having an appliance circuit put in, etc)

Jackman77

yes it was a probate sale so we was fully aware of the problems


Will look at credit card options


Thank all

HouseBuyer77

So you could have had a rewire last year and then sell your house in a year or two's time, surveys will come back saying a rewire because the CU fails regulations.

The report would say CU not correct spec and quote for it's replacement (probably quite cheap assuming RCDs can stay). Not call for a rewire.

If the wiring's very old then the insulation may be breaking down (you may have rubber rather than PVC insulation) or it may not be able to carry the currents desired in a modern home. It's may also be impossible to add a modern consumer unit with RCDs on a sufficiently old wiring setup especially if it's grown organically over the years (successive owners adding the odd switch, socket and light here and there).

So it's important to determine what exactly needs doing.

I imagine you'd be better off with an unsecured loan from a high street bank to finance it.

martindow

ruthus wrote: »

yes it was a probate sale so we was fully aware of the problems

It may be old but it doesn't mean it's unsafe or needs sorting immediately. I'd pay an electrician to get its condition checked.

You may want more sockets and so on, but if money is really tight it may be better to live with it for a while so you can save up for your rewire.

PixelPound

Get an authorised electrician to do a full PIR rather than just an opinion of an electrician who may quote with the expectation of work. Just because it was a probate sale, and I guess you are inferring that the decor is dated and the property needs an update, doesn't mean it needs rewiring. It won't suddenly become unsafe because its old (its more if the insulation has degraded).

If you followed the link on the PIR, then it will show what/if you need to be concerned - such as if they have put a circuit spur off a spur. Get the report then you can decide how urgent stuff needs doing. It depends on your view of things, if it comes back with suggestions (like splitting circuits, increasing outlets, updating MCU with RCD), will you feel that its better done now before you redecorate, or are you able to feel so long as its safe then it can be reconsidered at a later date.