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Post structural engineer report, valuer requires further reports- roof spread cost??
Sussexsuperseagull
Posts: 6 Forumite
Hi all,
I am FTB buying a 1920's end of terrace property. The property is in a dilapidated condition (hence c.60/70k below asking price for a property on the same road at a good standard). The valuer requested that I obtain a structural engineer report to confirm whether the cracks in the walls was as a result of structural movement/subsidence. Well the vendor agreed to pay for the report and it turns out if there was subsidence/movement it would have occurred many many years ago and nothing suggests that there is progressive movement in the property, however for a bit of !!s covering he recommended that we carry out a drainage survey. There was also so interior cracking on the first floor which he suggests is down to uplift of the roof or roof spread. In his words "to prevent a reoccurrence of this of this (uplift or roof spread), timber cross ties should be installed between the rafter feet within the rear projection to prevent possible roof spread. Vertical wall plate holding down straps should also be installed within the rear bedroom to prevent possible uplift of the wall plate." As a result the lender also wants me to obtain quote from a "competent roofing contractor for improvements to the roof structure."
I have booked in a roofer to look at the property and the vendor has kindly arranged a drainage check. My thinking is the lender may wish to impose a retention on lending based on these issues so I was wondering what sort of figures I could expect (not experienced in these matters) for remedial work in the absolute worst case scenario for the drain and also the work to improve the roof structure as specified.
I am FTB buying a 1920's end of terrace property. The property is in a dilapidated condition (hence c.60/70k below asking price for a property on the same road at a good standard). The valuer requested that I obtain a structural engineer report to confirm whether the cracks in the walls was as a result of structural movement/subsidence. Well the vendor agreed to pay for the report and it turns out if there was subsidence/movement it would have occurred many many years ago and nothing suggests that there is progressive movement in the property, however for a bit of !!s covering he recommended that we carry out a drainage survey. There was also so interior cracking on the first floor which he suggests is down to uplift of the roof or roof spread. In his words "to prevent a reoccurrence of this of this (uplift or roof spread), timber cross ties should be installed between the rafter feet within the rear projection to prevent possible roof spread. Vertical wall plate holding down straps should also be installed within the rear bedroom to prevent possible uplift of the wall plate." As a result the lender also wants me to obtain quote from a "competent roofing contractor for improvements to the roof structure."
I have booked in a roofer to look at the property and the vendor has kindly arranged a drainage check. My thinking is the lender may wish to impose a retention on lending based on these issues so I was wondering what sort of figures I could expect (not experienced in these matters) for remedial work in the absolute worst case scenario for the drain and also the work to improve the roof structure as specified.
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