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Selling property with official noise complaints
Comments
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It is ex council, it's already priced at the "bottom" of the market for this particular type of property. Are you saying that ex-council + noise history makes it worthless?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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It's not worthless. It's worth what someone is prepared to pay for it.
Just say that over a year ago you had an issue but it was swiftly resolved . If you have had no problems since then say that.0 -
It is ex council, it's already priced at the "bottom" of the market for this particular type of property. Are you saying that ex-council + noise history makes it worthless?
It isn't worthless but it isn't going to be worth as much to anyone else as a similar property that has never been ex council. Someone will buy it just as you did but they aren't going to buy it if they can get one that isn't ex council for the same price.
When you bought it how did it compare to the prices of non ex council flats? The relationship in prices won't have changed. So for example if when you bought it the price you paid was 20% cheaper than for a similar flat that wasn't ex council then you have to sell it for around 20% cheaper than a similar flat that has never been ex council. No one is going to buy it if it is more expensive than a privately built flat even without the noise issue. You have the noise issue because the sound insulation between the flats isn't as good as it could be. It is an ex council flat it may not have been the most expensive build.0 -
For all you know, the prospective buyers may be potential party animals themselves. All you have to do is answer truthfully any questions asked of you, you don't have to disclose anything else at all.No free lunch, and no free laptop
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