Selling a PRC Home

IMF

Hi All,

Selling my PRC home which we purchased in 2011. In 2011 our mortgage provider accepted PRC Repair Certificate that was supplied but the buyers lender is telling us:

"The attached PRC certificate relates only to the subject property and does not confirm, as requested on the valuation report, that all properties within the structural block have been similarly repaired."

I've looked through all our documents and we've never had this PRC certificate for the whole block at all.

Can anyone point me in the right direction on how I'm supposed to obtain this? I've asked my neighbour and they don't have this certificate either!

da_rule

I assume that your property is in a terrace?

If so, have all your neighbours had theirs repaired?

IMF

Yeah sorry - it's end of terrace. They did the whole block in 1990 as part of the NHBC initiative.

Every house looks the same on the block as they've been re-bricked.

The certificates I have are from PRC Homes Limited but are only related to my house... not neighbours

stator

Do your neighbours own the houses or does the council own the houses?
Who owned the houses when they were repaired? The council ?

How many houses are there in the block?

If you can't get certificates for the entire block, then you need to tell your buyers to find a new mortgage lender!
They might need a specialist broker

IMF

stator wrote: »

Do your neighbours own the houses or does the council own the houses?
Who owned the houses when they were repaired? The council ?

How many houses are there in the block?

If you can't get certificates for the entire block, then you need to tell your buyers to find a new mortgage lender!
They might need a specialist broker

4 houses in our row. My immediate neighbours own their house, then there's a council owned home and then another home owner.

I believe the other 3 were all council owned at time of PRC repair.

Just spoke to my agent who's going to get PRC certs for entire block as council apparently has them in storage. Will cost me £20 each house and am hoping that will be enough. Even my agent was confused as to why lender was asking for proof entire block was done and what that proof is supposed to be. Was hoping someone here might know what they want!

OpenProperty

HI

I have never heard of a lender requiring the certificate for a whole block. However good to hear that they are located in the buyers archive.

If not, you can find companies online who specialise in PRC certificates and I can send you the details if required.

IMF

OpenProperty wrote: »

HI

I have never heard of a lender requiring the certificate for a whole block. However good to hear that they are located in the buyers archive.

If not, you can find companies online who specialise in PRC certificates and I can send you the details if required.

Yeah I thought it was strange too. I still don't understand what they want to be honest. I'm not sure what is supposed to prove entire block was done at the same time.

IMF

Just updating this thread for anyone else who may be in same situation.

I've spoken to the NHBC and they said I should only have a PRC6 certificate (which is what I gave to lender).

They will only supply me my certificate if I request it but never for a neighbouring property.

Not sure what the valuer here is playing at; basically asking for something I never had.

Valuer is Legal and General... same valuers who accepted the PRC6 when I first bought the house!

00ec25

IMF wrote: »

Not sure what the valuer here is playing at; basically asking for something I never had.

Valuer is Legal and General... same valuers who accepted the PRC6 when I first bought the house!

surely you can see the concern behind the valuer's stance?

- to a small extent the structural integrity of a terraced property (even an EOT) depends on the rest of the terrace. So they want evidence that there is not a weak link in the terrace which has not been repaired and whose failure may impact the properties either side or, worst case, case problems for the whole terrace.

we live in a world which is much more risk averse and covering one's back is now a prime motive for lots of things that previous generations would just have taken on the chin and got on with life.

IMF

00ec25 wrote: »

surely you can see the concern behind the valuer's stance?

- to a small extent the structural integrity of a terraced property (even an EOT) depends on the rest of the terrace. So they want evidence that there is not a weak link in the terrace which has not been repaired and whose failure may impact the properties either side or, worst case, case problems for the whole terrace.

we live in a world which is much more risk averse and covering one's back is now a prime motive for lots of things that previous generations would just have taken on the chin and got on with life.

So you think it's perfectly fine for them to ask for something that never existed and is impossible to obtain?

Not sure what generation you're talking about but we bought this house in 2011 and we remortgaged with a survey 2 years ago (same lender).

stator

It's not impossible to obtain, you can ask your neighbours for their copies.

At the end of the day the bank lending the money can ask for anything they want. They don't have to lend anything at all, they can refuse all PRC homes if they want, regardless of certificates.

So if you don't like their request, you need to tell them to find a new lender