Significant vertical cracking

Cakeguts

kirtay wrote: »

To be honest, I can wait for a while to have a property which gives me peace inside rather than going for little cheap and worry about the rest of the time.

It might not be ongoing but considering possible heavy expenses, I could better off waiting little longer.

As a first time buyer there is something important that you need to know. If in a particular area there is a house that is cheaper than anything around it then that means that there is a problem with the house that makes it difficult to sell. That problem will not be something that is easy to fix. It won't be a house needing redecoration or a new kitchen or bathroom. It might be a house that needs a new roof or rewiring or both or it could be a house suffering from subsidence or dry rot or some other structural problem. Whatever the problem is it will not be cheap to fix. If it was cheap to fix the house would not be such a cheap price.



Now you say that this one is £25k cheaper than others in the area. The reason why it is £25k cheaper is because of the cracks. Experienced buyers will not buy this house at the price it is being offered at. They will either buy something else or they will want more off the price than £25k because of the risk of repairs costing more than £25k and all the hassle involved doing the repairs. So for what it is this house is actually expensive as it will probably cost more to repair than others in the area that don't need repairing.


There is no such thing as a bargain house. Any house that is cheaper will have something wrong with it. So generally if only the houses that are in your budget are the ones with something wrong with them you are trying to buy in an area that you can't afford. The cheapest houses in this area are the ones that don't need repairs and don't have something wrong with them and they are more than your budget. So working on the basis that the cheapest houses in the area that you are looking in are outside your budget you either have to have more in savings or you have to look for a house in a different area.



You are not going to find a house in your budget in this area that doesn't have something seriously wrong with it.

Alan2020

Is there a lintel over the window, if there is none is there a possibility it sagged?

stuart45

Could also be a leaking drain, if that is a downpipe going to a gully in the corner. The brickwork looks quite damp around there.

RedFraggle

Is it built up to the neighbouring house but not tied in? It looks like it.

kirtay

Hi All, Thanks again for your inputs.

I was digging little more on this forum and came to know that the Property Information form TA6 should contain the info about the crack and repairs done about underpinning etc in Section 5 and 6.

When I checked my TA6 filled by client, I was shocked to see the entire section 6 and half of section 5 is missing from TA6!"

Just wanted to share with you all so someone like me who think the solicitors have done all checking can wake up and double check all info and sections and paperwork.

Davesnave

kirtay wrote: »

Just wanted to share with you all so someone like me who think the solicitors have done all checking can wake up and double check all info and sections and paperwork.

I'm sure most of us here would expect our solicitor to share the TA6 at an early stage, although it's still possible that unhelpful replies like 'not known' will form part of it.



That's particularly true if it's a probate property, or where a sale is the result of marriage breakdown etc, so it's not always suspicious.

kirtay

TA6 was shared early with most of Not Knowns but missing one and half section is shocking and disappointing. Or may be I am the one to blame who didn't notice page 8 or a whole section is missing in form!!
But I believe solicitors should have noticed that too as they are not just passing documents!! are they?