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(, Sun 1 Apr 2001, 1:00)
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As it's shown up in the survey your mortgage lender may well retain monies until the remedial works are carried out.
You'll be down on the mortgage monies and will also have to pay several hundred pounds for the works by an authorised body who will have to issue certification to pass on to your lender
(, Fri 2 Sep 2011, 20:22, 1 reply, 14 years ago)
That said if it's a bit of a wreck which is reflected in the price then what do you expect. Wet and dry rot is relatively common in older properties
Pricey if you have to start replacing joist work, stairs, etc
(, Fri 2 Sep 2011, 20:24, Reply)
It wasn't reflected in the price at all, in fact, it was the most expensive flat on the estate.
But the price didn't reflect dry-rot, the roof being done up and them not paying it yet, the planned works to redo the car park and the planned works to paint all the comunial areas.

It's cool, I'll find somewhere else.
(, Fri 2 Sep 2011, 20:28, Reply)
Any works exterior to the property should be dealt with via a reserve/sinking fund by the management company (a retained portion of the management charge) if it's been well run.
Sounds like you're gonna sack it off anyway. Bear in mind the mortgage offer has a set lifespan, so check on that regarding future viewings. You might even be able to get a better deal at this stage anyway.
(, Fri 2 Sep 2011, 20:37, Reply)
Yeh', I got 3 months, but every month longer is an extra month's rent I gotta pay, and I'd like to be in there and settled for christmas at the very latest.

(, Fri 2 Sep 2011, 20:41, Reply)
in Brighton!

(, Fri 2 Sep 2011, 20:40, Reply)
Nah', that's a plan for next year.
Rent out this place, it'll cover the rent in brighton plus the mortgage and some of the travel.
(, Fri 2 Sep 2011, 20:42, Reply)
you'll be like a property baron

(, Fri 2 Sep 2011, 20:58, Reply)

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