PLEASE READ BEFORE POSTINGHello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
hoping someone can advise. please.
I am in the process of buying a house and selling my flat. 12 weeks in my buyers bank has said they need an esw1.
The block of flats is 6 stories (ground floor and pent house included) and less than 18 metres. It is brick built with steel frame and no cladding. In England north west.
The only thing I can see it maybe being is the 4 balconies stacked one above the other as they have timber floors (but a glass balustrade and metal handrail). Based on rics guidelines this is therefore OK.
The bank sent a rics surveyor and by the sounds of it it's due to balconies .
To add insult to injury, 2 flats in the same block have sold this year with natwest and leeds with no issues I am told. So I am confused why me selling a month later its now a requirement. I also bought this flat 2 years ago and had no issues at all..
The management company refuse to do an ews1 as they deem its not needed based on rics guidance.
The banks that declined were principality and bank of Ireland.. both used connells surveyors.
Does anyone else have a similar experience ?
Are those banks particularly harsh ? Is it worth trying others ?
Why wasn't it an issue for me 2 years ago or even mentioned?
Hopefully I can get a bit of clarity or similar comparisons . The house I am buying has accepted to give me 2 months to find a buyer.. and my partner is due to give birth in 2 months ! So it's stressful !
Many thanks all !
- All Categories
- 338.8K Banking & Borrowing
- 248.6K Reduce Debt & Boost Income
- 447.6K Spending & Discounts
- 230.7K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 171.1K Life & Family
- 244K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards