Owning your own home

Zoopla doesn't really give accurate info on what things have sold for - at least it doesn't get updated for a long while sometimes.

One example is Beulah road in E17 - Zoopla is about 100k off on their estimates.

Oven repairs, Tower Hamlets, anyone?

Have you tried playing with the settings?

HA. Don't even tempt me to tinker with it myself...
(grill element has gone).

This is where Zoopla gets its information from: http://houseprices.landregistry.gov.uk/

Might as well get it from source.

Estimates are different to sold prices. Sold prices are fact and drawn from the source soul gave. The current estimate is just bollocks driven by the worlds shittest algo.

the market in E11 still seems utterly mental. there is a house in Chichester road E11 which needs gutting and about 100k spending on it which is under offer against an asking of 450k.

where was the 2 bed you were looking at in e11 Tenderloin ?

edited to add link rightmove.co.uk/property-for-­sale/property-54183797.html

Where's the bathroom?

Getting the keys tomorrow...

you dodged one with chichester road @Tenderloin. defo needs a load spent on it.
its not worth that in a month of sundays. @princeperch or this parish bought on that road a few months back, for a done up place, for way off that asking. simply not worth it. you can spend your money better elsewhere.

nice, where bouts you get involved then? i don't think you ever posted the link...

Riddle me this:

Survey done.
Mortgage lender has put in place a £5k rentention.
In order to get the mortgage I need get a damp and timber survey done.

Can I...

A.) Get the solicitor to chat to the lender (the damp is in the landlords responsibility in the communal area) and try to lift the retention

B.) renegotiate the sale price

C.) get a survey done? (If so, any recommendations? Reticent to use the Connells approved one, they may will be on a back hander)

D.) cough up the extra 5 large to lift the rention?

Some of these suggestions may seem wet behind the ears but I have to admit I have no fucking idea what I'm doing.

Where's the bathroom?

Bedroom 3 by the looks of it. Shower cubicle in the corner. Maybe the original bathroom was in the utility room.

Next to Lloyd park in Walthamstow... It's taken since may to get the lease extended. Will post pics tomorrow - it needs work but we got it for under 300...

A: chances are you will be liable for your proportion of the repair if it's in a communal area. You (your solicitor) may find there is a sinking fund that the repair can be paid from, but the surveyor is unlikely to consider lifting it until the work is complete.

B. Worth a go.

C. Well, yes, if I'm reading it right your surveyor has said you have to get a D&T report done. Dunno anyone in that there London, there is a trade association, the Property Care Association which I guess may be a better place to start than the a Yellow Pages.

D. Yeah, that'll work.

How long was left on the lease?

70 years... got it extended to 125.

i was in your position as the lender put a 5k retention on our place. said we had to have the work done (new roof, and damp proofing throughout) within 6 months or we'd be in breach of our mortgage and they'd throw a tonne of bricks at us blah blah. i coughed up the 5k and its been over 6 months and haven't heard a pip squeek out of the mortgage co

something something about questions answered from solicitor to solicitor something something....

Just to let you know the replies have been sent from the sellers solicitor to your solicitor today

Also learnt this weekend that all my walls internally are probably non supportive... FTW! Means i can now strip all the walls and top floor and turn it into a barn!

Probably... do make sure! Are you buying a whole house or a flat?

whole house :-)

Is that probably not supportive or probably supportive?

If it's a flat, do you actually own the windows, or does the freeholder?

People like sash windows, but I don't know if they like them enough to make it worth paying extra over casements for double glazed replacement sashes.
Can you get a grant due to it making the flat more energy efficient?

That's make sure they are definitely not supportive by consulting a structural engineer before knocking them down with your big arms :)

Whole house is good, no other freeholders to consult. If they're just stud walls you can demolish them yourself, it's quite fun.

It's a Victorian/Edwardian house split into two flats. Myself and the owner of the other flat share the freeholder and I'm responsible for all in my flat.

I will be leaving the windows at the front as they are (they're in reasonable condition and have nice stained glass in them) so it's really the ones at the back that I will never see from the outside. As such, I'm not too fussed by the looks but I would prefer to avoid basic uPVC. There seems to be a massive range of alternatives but with very little detail on durability, etc.

I'll have a look into grants, it's way down on the energy efficiency scale at the moment.

Even more fun if they're breeze-block, just obtain a massive hammer and swing away!

@ChainBreaker If you need to demolish (part of) your house then give me a call and I'll run across the road with my biggest hammer.