Owning your own home

I sold my last house with Purple Bricks, their valuation was in the middle of two high street branches, their photos and descriptions were good, and we got to alter and sign off before anything went live. The dashboard is great, seeing how many views your ad has had etc, as well as managing viewings. We did the viewings ourselves, as we figured we would be able to instantly answer any questions we had. We sold at asking within two weeks of going live. However, we are not in London (not sure if that makes a difference, but figure it might), and our house was boring and standard, and not very expensive.

So, the buyer's solicitors and the phantom 'servers down':

They were definitely lying. Bastards. Now had notification from the lender that the buyer had incorrectly filed their Nominated Legal Advisor paperwork. (Again). So this caused delay. Now hoping for completion today or tomorrow.

I'm considering moving my narrowboat down to London to rent or sell and possibly locating it on this mooring, would this be a desirable location? would it sell/rent? any help would be much appreciated...

https://www.watersidemooring.com/367-atlip-road-l1/Vacancies
https://www.ebay.co.uk/itm/183465012924

That is a bloody beauty. I would love to live on something like that! I would recommend updating the title to something with more bulk, what are people going to search for? length / width etc?

thanks, I had problems loading photos so redid them and it must have lost the title. Amended now

Awesome. Isn’t there a narrowboat thread?

thanks, I've just found it (and started reading it) - will add to that thread

They were definitely lying. Bastards.

That completion dates are movable is news to me.

I guess folks just roll with it, rather than being like 'nope, I'm takin' ya money. Bye!'

I guess folks just roll with it, rather than being like 'nope, I'm takin' ya money. Bye!'

It's not quite that simple, they can be moved in 'exceptional circumstances' but there's some handwaving there.

Plus most people are trading up and need the sale to go through or they can't afford the place they're buying and would therefore be likely to lose more in their deposit than they'd gain from receiving the deposit on their place. Then you've got all of the unrecoverable costs (solicitors fees, surveys, removals, etc) on top of all of that.

It's usually the one that initiate the balls up that ends up paying for the additional costs associated with a supplemental contract. Obviously it's easier if the chain is short.

To forfeit the deposit you'd need to serve a notice to complete, and for them not to complete within 10 days, assuming the contract is based on the Standard Conditions of Sale, which it invariably will be.

It's not quite that simple, they can be moved in 'exceptional circumstances' but there's some handwaving there.

Really? It isn't provided for in the Standard Conditions of Sale, and I can't remember any contract for the sale of land which I've seen which allows the buyer to defer completion due to 'exceptional circumstances'.

What if they're the CEO of the year who is being accused of making derivative hats?

Does anybody know if there’s any difference between a structural survey and a building survey?

Our lender is refusing to accept the findings of a building survey saying they require a structural survey. Surveyor says it’s the same thing. Lender won’t give any more detail other than to say there’s a difference and they want a structural survey.

???

Is there anything in particular that the lender is looking into? Potential subsidence for example?

As far as I am aware a structural survey would be done by a structural engineer rather than a surveyor.

We had one done on our house, and they only look into the structure of the house but in more detail, not into things like electrics.

For example the company we used was https://structurehaus.com/

Yeah, the valuation survey picked up some movement in the building and the lender wanted confirmation it’s non progressive.

The firm we used have structural engineers on their books, I explained what we needed to them and went with what they recommended...hopefully they can make it right but they insist there’s no difference!

Thanks for your recommendation, will get in touch with them if our guys can’t sort it.

Odd! I suspect they are looking for a report specifically around that area signed off by a structural engineer rather than a surveyor.

Yeah that seems likely, have a feeling another expensive survey is on the horizon :/

Ours was about £600 plus VAT, but we aren’t London based, so yeah not cheap!

At what point does a repair become Major Works?

Presumably when you find yourself awake at half five of a morning asking that very question on a push bike forum...

Mmmm. Background is a £400ish deficit on yearly estimated service charge of around £2k, driven by a single repair costing £1kish for which the flat is liable for 33% of the charge.

Would rep

If anyone is interested, I have a 10% discount code for AO.com

JUMPTEN

Min spend £40, max discount £50.

Just bought the Shark vacuum bundle

Damn. Bought a new washing machine on Saturday. :(