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What’s peoples thoughts
Comments
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There must be other houses ? The house is most likely unmortgageable as it stands.
How old are the houses ? Personally I would not consider anything with any signs of movement unless it is a really old house.1 -
The house is 50-60 year old I cannot afford another house is this area
the estate agent said it’s cause there was a tree next to the house but they had it removed but the report seems it was more
I have phoned up insurance companies and there nearly all saying they won’t insure the house0 -
Then you can't afford a house in the area in which you are looking.tomhollie12 said:The house is 50-60 year old I cannot afford another house is this area.
I have phoned up insurance companies and there nearly all saying they won’t insure the house
You need to find somewhere that you can afford.5 -
I live in the area now in a 2 bed but I need a 3 bed the house above is in my price range but it has issues that’s why I was asking people thoughts what would they do0
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What I would do is walk away.I'd probably have to walk away - I couldn't afford to buy a house outright, and it doesn't sound as though this one is mortgageable. Anything that spooks insurers is also going to spook lenders.If you need a 3 bed, and the only 3 bed you can afford in your area is unmortgageable, then you'll have to either move outside your area or extend the house you've got.1
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If you need a mortgage, you won't get one if you can't get insurance. Even if you could get a mortgage, you would have to pay for remedial building works to sort these issues, and you have no control over what No.110 do (or don't do).tomhollie12 said:The house is 50-60 year old I cannot afford another house is this area
the estate agent said it’s cause there was a tree next to the house but they had it removed but the report seems it was more
I have phoned up insurance companies and there nearly all saying they won’t insure the house
I agree with Slithery - look elsewhere
If you will the end, you must will the means.1 -
Look for a 3 bed in an area you can afford?tomhollie12 said:I live in the area now in a 2 bed but I need a 3 bed the house above is in my price range but it has issues that’s why I was asking people thoughts what would they do1 -
Why do you need a 3 bed? Do you own the 2 bed you are in now?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. 🤓0 -
Run away - fasttomhollie12 said:I live in the area now in a 2 bed but I need a 3 bed the house above is in my price range but it has issues that’s why I was asking people thoughts what would they doMFW 2026 #5007/03/25: Mortgage: £67,000.00
Mortgage:
04/04/26: £33,500
07/03/26: £34,418.15
16/01/26: £56,794.25
02/01/26: £60,223.17
12/08/25: Mortgage: £62,500.00
12/06/25: Mortgage: £65,000.00
18/01/25: Mortgage: £68,500.14
27/12/24: Mortgage: £69,278.38
Savings: £20,0001 -
You have now found out why this one appeared to be cheap enough to affordtomhollie12 said:The house is 50-60 year old I cannot afford another house is this area
the estate agent said it’s cause there was a tree next to the house but they had it removed but the report seems it was more
I have phoned up insurance companies and there nearly all saying they won’t insure the house0
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