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Should we walk away?

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Comments

  • If you walk away from a house with a survey like that, you may struggle with your search. That’s pretty good if those are the only ‘issues’ being flagged up.

    I’d ping off a conveyancing query re: the extension but expect a bland reply. And 100% drain survey. We always do this and recouped the outlay and then some, with one we had done. Last one we had, we negotiated 7k off due to pitch fibre drains being discovered and got it all repaired for 4K after we shopped around following initial quote that we used to knock the money off.
  • Poppyka
    Poppyka Posts: 35 Forumite
    10 Posts Name Dropper
    Hi all,

    thanks so much for the replies. 

    We’re FTB so naturally a bit inexperienced with what are manageable risks etc. 

    Thanks for the reassurance we had a bit of panic when those things came back! The flood risk is based on the government website and as the house is on a close the main risk appears on the bend where the road turns and runs down to the park. 

    @MysteryMe the conifer is behind the fence which separates the two properties and backs into the neighbour’s garden. The extension was done with a flat roof and the current owners have built a bedroom on top. 

    We will get on with arranging a drain survey and check things with our solicitors. 


  • aoleks
    aoleks Posts: 720 Forumite
    500 Posts First Anniversary Name Dropper
    let's just many many properties in this country are at risk of flood, doesn't stop them from being sold. there's always a risk of something. say you buy an old house and it hasn't been flooded yet, it's fine. trying to predict the future is just mojo jojo stuff...
  • eidand
    eidand Posts: 1,023 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    did you try to get an insurance quote yet? see what prices you can get. that's your first indication.
    I would be very twitchy myself to buy as house in an area with high risk of flooding tbh.
  • benson1980
    benson1980 Posts: 862 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 30 November 2021 at 2:03PM
    eidand said:
    did you try to get an insurance quote yet? see what prices you can get. that's your first indication.
    I would be very twitchy myself to buy as house in an area with high risk of flooding tbh.

    as already said, there are so many houses in this country that will have some kind of flood risk attributed. We had exactly this flagged up on one of our purchases. It had never flooded. Likely never will. Zero problems selling. In our next house, which has zero flooding risk according to the Env. Agency, one of our neighbours had all sorts of issues with surface water during downpours and basically part of our road becoming a lake right outside their property.

    it’s basically a calculation matrix based upon a number of factors- that could be accurate, but might not. I’d pay some attention to it and make a couple of enquiries in terms of whether any issues had arisen prior, but I  really don’t think it’s anything to get that twitchy about.
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