Are these issues too much for our first house?

Foofoopuppy

Bit of a long one I'm afraid... We have just received the survey back on the house we have put an offer in. The house is in Atherton/Leigh area and is a mid terrace. First issue is that he has valued it at £100,000 whereas it was on at, and we offered, £110,000. He has also flagged the below as urgent and needing attention:
In an area of coal mining where subsidence has previously occurred
Roof - roof slopes noticeably undulating / ridge and verge pointing is weathering / individual slates slipped and broken so cannot guarantee watertight
Walls to rear - mortar cracks opening suggesting long standing movement / pointing open indicating newer mortar not keyed on properly / movement indicating lintel failure
Internal walls - need to check not removed load bearing walls / internal deflection / loose and hollow areas where tapped
Floors - front of property flexes indicating decaying joists / first and second floor (which is a loft conversion) are noticeably uneven which may be due to insufficient joists
Kitchen - they said they had put in a new kitchen but survey says it is actually just new fronts to cupboards
Drainage - given apparent movement check drains for broken sections

We really liked the property on the surface and are keen to move as we are currently renting BUT I do not want to move into a house that is going to need a lot of work just to make it habitable. I understand some of this will be the surveyor flagging potential problems so as to not get sued, and we are also going to have a chat with a local builder to see how much the works will cost, but does any of this stand out as something that means we should pull out?
Thank you.

Doozergirl

Move on.

Ignore people who say that the surveyor says stuff to cover their backside. That stuff usually does need doing, it's just a matter of who takes it on and when.

That is not a good survey at all, regardless.

diggingdude

The biggest issue there is he valued at £100,000. If you can't get the price down you're overpaying which you don't want to do

Foofoopuppy

Thanks for responding, I guess I was just hoping they weren't big issues. We'll have to keep looking I guess.

Owain_Moneysaver

Foofoopuppy wrote: »

roof slopes noticeably undulating
movement indicating lintel failure
internal deflection / loose and hollow areas where tapped
Floors - front of property flexes indicating decaying joists
first and second floor (which is a loft conversion) are noticeably uneven which may be due to insufficient joists

Oh dear.

I have a robust attitude towards surveyor's bum-covering, but all those indicate current defects with the property which could be very expensive and disruptive to put right.

Foofoopuppy wrote: »

Kitchen - they said they had put in a new kitchen but survey says it is actually just new fronts to cupboards

That's nothing to worry about. By the time the back wall has been knocked out and rebuilt you'll be having a new kitchen anyway.

A rightmove link would be useful but looking at general terraced houses in the area suggest an offer around £80k would be useful assuming about £15k work will be required.

Foofoopuppy

Unfortunately it won't let me post a link owain

Foofoopuppy

Having checked, it seems they bought for £80,000 back in 2005, so they probably wouldn't go for that...

Mojisola

Foofoopuppy wrote: »

Roof - roof slopes noticeably undulating / ridge and verge pointing is weathering / individual slates slipped and broken so cannot guarantee watertight
Walls[/B] to rear - mortar cracks opening suggesting long standing movement / pointing open indicating newer mortar not keyed on properly / movement indicating lintel failure
Internal walls - need to check not removed load bearing walls / internal deflection / loose and hollow areas where tapped
Floors - front of property flexes indicating decaying joists / first and second floor (which is a loft conversion) are noticeably uneven which may be due to insufficient joists
Drainage - given apparent movement check drains for broken sections

Unless you have a lot of spare money, you need a house that has a good roof, stable walls, good floors and no drainage issues!

There's lots of minor issues that a new owner will want to sort out or change to suit themselves but the fabric of the building has to be sound to start with.

With all those faults, the sellers are unlikely to get anywhere near their asking price.

Owain_Moneysaver

Foofoopuppy wrote: »

Unfortunately it won't let me post a link owain

just give us the rightmove "number" part of the link, or the postcode, and we can find it.

Mutton_Geoff

Foofoopuppy wrote: »

Having checked, it seems they bought for £80,000 back in 2005, so they probably wouldn't go for that...

What they paid for it and what it's worth now bear no relation to each other. I always smile when adverts for cars say "selling for what it owes me" with no thought to live market values.


If they bought in 2005, they will have suffered the 2008 property crash so even £90k might not be that unreasonable. If it's a common stock house, there will be plenty of comparables within a mile.

Foofoopuppy

prop=62519646&sale=55413120&country=england

Is that helpful? Otherwise the post code is M40 9dp, number 40.