Mundic Internal Wall Insulation

Scrimps

jackomdj wrote: »

Personally I would be concerned with ceiling prices and selling on, so I wouldn't spend too much.

My reasoning.... I bought a lovely terrace house in my home town in 1997, 3 years later (so when house prices had increased substantially) we were relocating, mortgage companies had brought in mundic tests (not even mentioned when we bought) and our property was grade c.

My worry would be that they can change their lending criteria and what is currently mortgeable can suddenly become unmortgegable, meaning the pool of people you can sell to suddenly becomes very limited.

That is a horrible scenario and its always at the back of my mind, we're more fortunate to know that was a bit of a risk when we bought it.
There are quite a few 'cash purchase only' houses around here for the mundic reason and the prices are obviously much, much lower.

Scrimps

phil24_7 wrote: »

Don't stress to much about this. I had the insulation fitted by British Gas/ECL Contracts and I got the £3.5k local grant plus a further 3K ECO funding for external insulation. They bump the price right up and then subcontract all the work to the cheapest available company (this probably covers the ECO funding)...who then subcontract to the cheapest possible Romanian crews. The work done on my house was a negligent/sub-standard/a right pain and had I not spent a considerable amount of time/effort/energy/stress on keeping things in line I would have so many problems its unreal. As it is I just have damage to many bits of property that still need to be resolved and an area of damp that crops up each winter. On the plus side I haven't paid them yet!

With my first mortgage I fixed for 5 years just before the rates dropped. I have just fixed for 10 years and the rates have started creeping up!

I would get the outside sorted as soon as you can so that you can be sure everything is fine before you have the insulation fitted. Don't go crazy just make sure everything is sound and doesn't leak.

If you are planning to stay a while don't worry to much about the ceiling price. You need to make the house comfortable and also suit you. Don't go stupid like a full remodel, but things like external insulation will be a plus point when you come to sell and may even attract a premium

Thanks. Im going to get some quotes for some of the work that needs doing before the insulation is completed, the house has been neglected for a few decades before we bought it so it does need some input. Hopefully I can find someone good and avoid having to deal with as much stress as you have had to with the insulation. I will let go of the previous financials mistakes and mis-timings and just learn from it.