Sandstone Cliff Cause for Concern?

TheJP

konn1ch1ha said:

TheJP said:

konn1ch1ha said:

RedFraggle said:

See also this

https://forums.moneysavingexpert.com/discussion/6345722/possible-creeping-freehold#latest

Have you done any due diligence so far as it looks like you have some unusual last minute concerns.

It's last minute doubts is all. I'm allowed to have those. I don't doubt people would necessarily be put off with this if they're cash buyers too as neighbouring properties have been selling recently. My question was about mortgage lenders criteria being put off with this.

Of course it would, you're a cash buyer and your having doubts! Cash or mortgage i wouldn't buy a house on a cliff edge.

It’s not a cliff edge. It’s at the bottom of a rock face. The rock face not being taller than the house. 

And if it’s such a risk, why is there currently a mortgage in it with the current vendor?

I still wouldn't risk it, that's my personal view.

I have no idea but doesn't you knowing that the person currently living there has a mortgage answer your own posted question?

Section62

konn1ch1ha said:

He commented in the report under “Risks” “landslide situation (considered a minimal risk due to the age of the property)”

That doesn't make sense - the risk of "landslide" (possibly more likely 'rockfall') depends on the stability of the feature, not the age of the house/property.

With reference to the previous thread, I suspect a specialist geotech survey would probably have expressed concerns about the plant growth (roots potentially weaken the rock) and also noted the pattern on the rock on the lower part of the face suggests it has been 'worked' at some point in the past, hence raising the question whether or not it is truly stable.  The rockface is unlikely to be 100% natural.

user1977

TheJP said:

konn1ch1ha said:

TheJP said:

konn1ch1ha said:

RedFraggle said:

See also this

https://forums.moneysavingexpert.com/discussion/6345722/possible-creeping-freehold#latest

Have you done any due diligence so far as it looks like you have some unusual last minute concerns.

It's last minute doubts is all. I'm allowed to have those. I don't doubt people would necessarily be put off with this if they're cash buyers too as neighbouring properties have been selling recently. My question was about mortgage lenders criteria being put off with this.

Of course it would, you're a cash buyer and your having doubts! Cash or mortgage i wouldn't buy a house on a cliff edge.

It’s not a cliff edge. It’s at the bottom of a rock face. The rock face not being taller than the house. 

And if it’s such a risk, why is there currently a mortgage in it with the current vendor?

I have no idea but doesn't you knowing that the person currently living there has a mortgage answer your own posted question?

Not necessarily, given that lenders' general opinions on such things change over the years, as might local factors - what was mortgageable 10 or 20 years ago might not be today.