SURVEY RESULTS AND CONFUSED WHAT TO DO NEXT PROCEED OR PULL OUT OF HOUSE SALE

incus432

HONEY2THEBEE said:

Thanks guys the tough love is what I needed. I can't afford it but am desperate to get on the ladder and also I didn't see any of these issues when viewing, otherwise if I had I would have not got attached.

If you know a friendly builder take him with you on a second viewing on your next possible house - I'm sure he would have spotted many of the problems without you needing a full survey.

MysteryMe

It is difficult OP, so many have faced the same issues and it's not easy. 

Are you able to look at smaller properties in better condition or able to move to a different area that may be cheaper whilst still be a safe place to live?  You may need to stay put and keep saving as much as you can, get a second job if feasible to boost your savings. You are throwing good money after bad viewing and getting surveys/solicitors involved on unsuitable properties.

How have you found these properties? If it was via an Estate Agent I would consider visiting others, as a decent agent should have identified you as not a suitable buyer for those properties and they are wasting your and the vendors time.

kimwp

Any house you buy will have issues that you don't know about when you buy it and ongoing maintenance work, so add this to any house with obvious issues when thinking about what you are willing to accept. Better no house than a moneypit that you can't escape.

HONEY2THEBEE

incus432 said:

HONEY2THEBEE said:

Thanks guys the tough love is what I needed. I can't afford it but am desperate to get on the ladder and also I didn't see any of these issues when viewing, otherwise if I had I would have not got attached.

If you know a friendly builder take him with you on a second viewing on your next possible house - I'm sure he would have spotted many of the problems without you needing a full survey.

Good idea! I don't but I need to find one clearer.

HONEY2THEBEE

MysteryMe said:

It is difficult OP, so many have faced the same issues and it's not easy. 

Are you able to look at smaller properties in better condition or able to move to a different area that may be cheaper whilst still be a safe place to live?  You may need to stay put and keep saving as much as you can, get a second job if feasible to boost your savings. You are throwing good money after bad viewing and getting surveys/solicitors involved on unsuitable properties.

How have you found these properties? If it was via an Estate Agent I would consider visiting others, as a decent agent should have identified you as not a suitable buyer for those properties and they are wasting your and the vendors time.

Yes by estate agents who I am quickly realising aren't very helpful or truthful

ReadySteadyPop

caprikid1 said:

I think unfortunately you are looking at houses you cannot remotely afford.

The house sounds like a shambles, no doubt they will be reducing the asking price soon.

Bigphil1474

OP, the big problem with fixer uppers is finding good contractors to do the work. The good ones are booked up for months. So even if you find a house you are happy with that needs some work, it could take months before the work actually gets done, or you get a contractor who is immediately available because they are rubbish.

Maybe look for a house that only has cosmetic issues that you could maybe tackle yourself.  It's hard when you are desperate to move, but better to be patient than end up in a wreck of a house IMO.

HONEY2THEBEE

Bigphil1474 said:

OP, the big problem with fixer uppers is finding good contractors to do the work. The good ones are booked up for months. So even if you find a house you are happy with that needs some work, it could take months before the work actually gets done, or you get a contractor who is immediately available because they are rubbish.

Maybe look for a house that only has cosmetic issues that you could maybe tackle yourself.  It's hard when you are desperate to move, but better to be patient than end up in a wreck of a house IMO.

Thank you that's good advice. The market is so expensive that every option seems expensive at the moment

ReadySteadyPop

Albermarle said:

Why as a first time buyer, with no experience of renovating houses and no friends and family support, are you even  looking at houses like this in the first place?

This type of house is much more suited to someone with experience, who can do some of the work themselves, and have a network of tradespeople to help ( and probably have another house to live in whilst the major work is carried out.)

Good advice.