dann2707

The House Thread

216 posts in this topic

8 hours ago, Davetrials said:

So has anyone had a good straightforward experience when buying a house? all i see are nightmares

Sort of had one, happened to be selling a house and buying a house through the same estate agent, when things weren't progressing or the seller was being a pain, we just threatened the estate agent that we would pull our house from the market if they didn't sort the seller out, the thought of losing out on 2 lots of fees soon got them moving, they even footed the bill for a damp survey and an endowment policy On the properties.

Share this post


Link to post
Share on other sites
On 29/03/2021 at 1:34 PM, manuel said:

We only got one because we were forced to by the mortgage company :lol: 

The mortgage company shouldn’t have forced you to get a survey... are you sure it wasn’t a mortgage valuation? A lot of people get this mixed up. Relying on the mortgage valuation alone is risky. 

Mortgage Valuation - for the lender, a very brief 2-3 page report that confirms the property exists, doesn’t have any major defects and is worth the money that they are lending on it. These used to be commonly disclosed to applicants but this is becoming less common now.

Survey (HomeBuyer / Building Survey) - this is for the applicant and is not provided to the lender. It’s a far more detailed report, anywhere between 30 and 50 pages. It breaks down all of the elements of the property and rates each on a traffic light system. Green = ok, amber = small issue, red = urgent issue act now. 

1 person likes this

Share this post


Link to post
Share on other sites

Clarify - valuation, which then required a survey as a condition.

1 person likes this

Share this post


Link to post
Share on other sites
On 30/03/2021 at 11:40 AM, Davetrials said:

So has anyone had a good straightforward experience when buying a house? all i see are nightmares

The first house we looked at fell through because of the roof thing, but once we found the next one we were interested in it all went through easy and lovely.
Only "drama" was that the inspection found ~£2k worth of work needing to be done (wall ties and a bit of flat-roof above a bay window), offered asking price - £2k and he sold it to us for asking price - £3k because we "seemed like a lovely young couple" :lol:

3 people like this

Share this post


Link to post
Share on other sites

Our neighbour just put her identical flat on the market with the same estate agent (Purple Bricks) and is now asking for feedback on her advert. I don't know why she thinks it's cool to put an identical property on the market with the same agent and then act like it's not a big deal. We have been on the market for 2 months and haven't been run off our feet with viewings. 

 

Share this post


Link to post
Share on other sites

Third time lucky...

"I have just received a call from the selling solicitors to say that they now understand the chain above is ready to exchange, with completion 19th April.   For compliance on my file, please can  you therefore each confirm I have your authority to exchange contracts (committing you to the purchase) with completion on this date."

Share this post


Link to post
Share on other sites

Boooom.

"I am thrilled to confirm I have now exchanged contracts in your purchase and completion is now fixed for 19th April 2021.

 CONGRATULATIONS !!  A perfect excuse to enjoy a celebration or two over the Bank holiday weekend !"

9 people like this

Share this post


Link to post
Share on other sites

Congrats Mike!

@Joe Aston - is it on for the same price as yours?

Share this post


Link to post
Share on other sites
55 minutes ago, Mark W said:

Congrats Mike!

@Joe Aston - is it on for the same price as yours?

Yeah, exactly the same price. 

 

Two adverts below, I won't say which is which, let me know which you think is the better advert. Before anyone mentions it, I know house prices in London are absolutely mental. 

 

https://www.purplebricks.co.uk/property-for-sale/2-bedroom-apartment-streatham-1108728

 

https://www.purplebricks.co.uk/property-for-sale/2-bedroom-flat-streatham-1151048

Share this post


Link to post
Share on other sites

Can you even open the oven door all the way? :lol:

1 person likes this

Share this post


Link to post
Share on other sites
On 01/04/2021 at 11:09 PM, manuel said:

Can you even open the oven door all the way? :lol:

Yeah opens fine, the kitchen is a bit on the small side but for this kind of flat in this area its not uncommon. We had a viewing at the weekend that ruled us out due to the size of the kitchen. 

2 hours ago, Mark W said:

I'd say the images were better in this one. Without going too Poirot, from the URL # I assume that's yours?

Yeah, this is ours. 

1 person likes this

Share this post


Link to post
Share on other sites

Well, despite me making this thread... 

I had the shit job of calling the estate agents this morning explaining that we're pulling out of the purchase. 

Back to the drawing board. 

Share this post


Link to post
Share on other sites
16 hours ago, J.KYDD said:

Ahh balls man, how come?

Basically because it's gone to probate were not willing to wait for x amount of months so instead we are much better to find a better house, pay a bit more and find one that really really suits us. 

The house was nice but I wouldn't say it would be worth waiting for that long nice. 

Share this post


Link to post
Share on other sites
33 minutes ago, dann2707 said:

Basically because it's gone to probate were not willing to wait for x amount of months so instead we are much better to find a better house, pay a bit more and find one that really really suits us. 

The house was nice but I wouldn't say it would be worth waiting for that long nice. 

That’s a shame - the property we bought in November was probate. Fortunately once we had made an offer they were about 4 weeks into the probate process and the whole process takes 10-12 weeks aslong as it isn’t super complex so tied into the general length of time for the sale to go through. 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.