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How risky do you think this is?

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  • anotheruser
    anotheruser Posts: 3,485 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    edited 25 April 2022 at 5:27PM
    Yes, please share a link, even if you didn't get it as it would solve many a mystery for us all.
  • babyblade41
    babyblade41 Posts: 3,962 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Haha I love that - the scruffy cat! I will share a link with those that have asked if we get it! 🤞 
    More intriguing by the day 
  • in_my_wellies
    in_my_wellies Posts: 1,682 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I saw this when you first posted. I do hope it's meant to be. 
    The property I live in is listed and has secondary double glazing in all the windows, installed in 1984, and it's excellent. The original window frames are hardwood and have always been looked after. Those in full sun need painting every three years and the more shaded ones only five/six yearly.
    If it's a forever home there is no need to hurry with renovations. Back story: I bought the house in 1983 and lived there about 20 years. Then we sold and moved to Devon. I needed to return to the Midlands and 'my' house was on the market. Vastly improved and extended it wasn't a possibility for me to buy it but the estate agent said the owner was reluctant to sell and I should talk to him. Long story short, I ended up back here as 'caretaker' paying a peppercorn rent. The owner was apologetic about certain features which he had never got round sorting like the 1970s pink louver doors on the bathroom cupboards which don't shut properly (from before we moved in) and a heating pipe which stands in the kitchen 14" away from the wall due to the wall being moved (that was us - I owned up!) We laughed about the quirks of the house, all thing that make living in an old house special. 
     
    Love living in a village in the country side
  • fortgrange
    fortgrange Posts: 42 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    We’re just starting our journey with an older property c1500 and a thatched roof to boot!!

    Had a full structural survey done and got a specialist to have a look at the timber frame.
    Both came back positive which considering the foundations were laid when Henry Vlll was on the throne is quite amazing. Largely due to the previous owner having looked after it so well.

    The biggest pull for us was the location. It sits on a lovely plot and if it was a modern house built to the same dimensions it would probably have been £100/150k dearer.

    We had a few sleepless nights deciding and only time will tell if we were right to let our hearts rule our heads.

    But the pleasure I get from being a very small part of a home that’s got 500 years of history is immeasurable.

    I hope it comes off for you and good luck 🤞 


  • @in_my_wellies That’s a lovely story, how you found your way back to the house and it, you! I’m a sucker for the serendipitous type journeys, helps assuage any worries of making a mistake! I agree that old houses are almost people in themselves. I have experience of living in a new build vs old building, and for me, the old building is just much more charming, except for the cold aspect but that’ll be something to adjust to!!! 

    Can’t really focus on anything as wait to see if we get this mortgage, need the maximum amount too! 😬 This is because at moment our salaries are unusually low (mat leave and they won’t take one of my jobs into account until I’m back from mat leave, husband has new staff job pay ladder). It’s quite sickening, the wait!


  • @fortgrange a thatched roof! 1500s! Now  I think you are very brave haha, but I bet it’s beautiful. I’m trying to recall a show I saw where they were discussing thatched roofs, is it true, lots of animals can live in there? I may be making that up… 

    Location is king, this house is in such a good place for us. The agent said previous buyers have all been from London way, with no connection to the area but all the dollars.  

    Okay, going to try and enjoy the bank holiday! Hope everyone has a good one ☝️ 
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    ProDave said:
    With the rising cost of energy I would not touch this with a barge pole UNLESS is was significantly cheaper than better insulated properties, so the money I saved on purchase would go a long way to upgrading it.
    Yes the cost of energy increases the risk factor a bit.
  • Congratulations...
  • babyblade41
    babyblade41 Posts: 3,962 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    can't wait to see it ...congrats
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