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House with steel construction opinions

hardpressed
hardpressed Posts: 2,099 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in House buying, renting & selling
I've seen a semi detatched house on Rightmove that is just what I'm looking for but it says it has steel construction.    Should I be wary?    It's on a small close of about 15 houses, not all the same design, built in the early '60s.     Price seems average for the area.    Any advice please?

Comments

  • Penguin_
    Penguin_ Posts: 1,594 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    I couldn't get a mortgage for this type of house when I was looking to buy.
  • RAS
    RAS Posts: 36,567 Forumite
    Part of the Furniture 10,000 Posts Name Dropper

    Basically, very difficult to mortgage, survey expensive, tend to be cold and can have major structural problems.

    Some builders/types had a better reputation, so you might want to clarify which builder and which type before anything else.

    If you've have not made a mistake, you've made nothing
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Care to put a link up? Somebody should be able to identify the construction type, and say if it's one of the legally "defective".

    If it is, and it hasn't been rectified, then it will be unmortgageable.
    Even if not, you may have mortgage issues.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hardpressed said:
    .     Price seems average for the area.    Any advice please?
    Don't pay an 'average price for the area' for a non-standard construction property, even if it's not a defective type.

  • Sistergold
    Sistergold Posts: 2,156 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Davesnave said:
    hardpressed said:
    .     Price seems average for the area.    Any advice please?
    Don't pay an 'average price for the area' for a non-standard construction property, even if it's not a defective type.

    I second this, a non standard construction normally stands out due its it “being much cheaper for an area”.
    Initial mortgage bal £487.5k, current £238k, target £122k (quarter way!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    To save £100k in 60months start 01/01/2027
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • hardpressed
    hardpressed Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    AdrianC said:
    Care to put a link up? Somebody should be able to identify the construction type, and say if it's one of the legally "defective".

    If it is, and it hasn't been rectified, then it will be unmortgageable.
    Even if not, you may have mortgage issues.
    I don't know how to do a link but it's on Rightmove, Ridley Gardens, Elsenham.
  • NatNat77
    NatNat77 Posts: 314 Forumite
    Eighth Anniversary 100 Posts Name Dropper Combo Breaker
    Is it a BISF property? 
  • krazie_2004
    krazie_2004 Posts: 11 Forumite
    10 Posts

    Right move 100865192.


  • Peppermint90
    Peppermint90 Posts: 101 Forumite
    10 Posts Name Dropper
    Far too overpriced for a BISF house and in that area, imo. 
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