Home |
Search |
Today's Posts |
|
UK diy (uk.d-i-y) For the discussion of all topics related to diy (do-it-yourself) in the UK. All levels of experience and proficency are welcome to join in to ask questions or offer solutions. |
Reply |
|
LinkBack | Thread Tools | Display Modes |
#1
|
|||
|
|||
2007 homeseller survey introduction
I know someone who had a corgi interview the other day. The corgi
interviewer apparently went on about many people not being able to sell their home in 2007, due to this survey I would presume. When a seller gets the survey, and they know the recent history of the house, it will be more of a decision as to whether every little change, wiring mod etc. is mentioned I suppose. Unless you just get a company in to the the survey by the book without telling him anything. Also, I wonder if this survey will include building control etc. I expect the corgi bloke is expecting loads of inspection work in 2007 and some more corgi golden years. Do people agree / disagree with this corgi's opinions ? Simon. |
#3
|
|||
|
|||
On Wed, 01 Jun 2005 12:47:22 +0100, Andy Hall
wrote: So people who don't have a properly documented history will just get an inspection done and the cost will enter the housing market - i.e. the customer will ultimately pay. The majority of people genuinely can't remember what they have done to their homes. |
#4
|
|||
|
|||
On Wed, 01 Jun 2005 14:36:23 GMT, (s--p--o--n--i--x)
wrote: On Wed, 01 Jun 2005 12:47:22 +0100, Andy Hall wrote: So people who don't have a properly documented history will just get an inspection done and the cost will enter the housing market - i.e. the customer will ultimately pay. The majority of people genuinely can't remember what they have done to their homes. Exactly, so the net effect is another bull**** tax. -- ..andy To email, substitute .nospam with .gl The information contained in this post is copyright the poster, and specifically may not be published in, or used by http://www.diybanter.com |
#5
|
|||
|
|||
wrote in message oups.com... I know someone who had a corgi interview the other day. The corgi interviewer apparently went on about many people not being able to sell their home in 2007, due to this survey I would presume. When a seller gets the survey, and they know the recent history of the house, it will be more of a decision as to whether every little change, wiring mod etc. is mentioned I suppose. Unless you just get a company in to the the survey by the book without telling him anything. Also, I wonder if this survey will include building control etc. I expect the corgi bloke is expecting loads of inspection work in 2007 and some more corgi golden years. Do people agree / disagree with this corgi's opinions ? Although you will have to fill in the forms, it will be quite acceptable to write "not known" or "information not available" across every question just as it is with the current solicitors information form. It is then up to the purchaser to decide to proceed or not. If the regulations were tightened more in response, you would see more properties moving to some sort of auction, albeit one with possible an indefinite time period and high reserve, where no guarantees on the property being auctioned exist. |
#6
|
|||
|
|||
On Wed, 01 Jun 2005 20:51:01 +0100, Mike wrote:
wrote in message oups.com... I know someone who had a corgi interview the other day. The corgi interviewer apparently went on about many people not being able to sell their home in 2007, due to this survey I would presume. When a seller gets the survey, and they know the recent history of the house, it will be more of a decision as to whether every little change, wiring mod etc. is mentioned I suppose. Unless you just get a company in to the the survey by the book without telling him anything. Also, I wonder if this survey will include building control etc. I expect the corgi bloke is expecting loads of inspection work in 2007 and some more corgi golden years. Do people agree / disagree with this corgi's opinions ? Although you will have to fill in the forms, it will be quite acceptable to write "not known" or "information not available" across every question just as it is with the current solicitors information form. It is then up to the purchaser to decide to proceed or not. If the regulations were tightened more in response, you would see more properties moving to some sort of auction, albeit one with possible an indefinite time period and high reserve, where no guarantees on the property being auctioned exist. Apparently on the ball conveyancing clerks are starting to ask for certificates on the state of the gas/water/electric installations. The effect of this legislation, IMHO, will be to fragment the housing market into certified and uncertified segments. It's not clear to me just what the relative size of the two markets would be. It is likely to depend on a number of factors. However I suspect strongly that mortgage lenders will take the line of least resistance and only lend against 'benchmark' houses. If that happens almost all houses will be 'to standard' and it will take a great deal of marginally necessary work to get them up to the the letter of the regs. If however mortgages were available for any house then I suspect that only the top of the market will get the 'A1' certificates. -- Ed Sirett - Property maintainer and registered gas fitter. The FAQ for uk.diy is at http://www.diyfaq.org.uk Gas fitting FAQ http://www.makewrite.demon.co.uk/GasFitting.html Sealed CH FAQ http://www.makewrite.demon.co.uk/SealedCH.html |
#7
|
|||
|
|||
"Ed Sirett" wrote in message news On Wed, 01 Jun 2005 20:51:01 +0100, Mike wrote: Apparently on the ball conveyancing clerks are starting to ask for certificates on the state of the gas/water/electric installations. The effect of this legislation, IMHO, will be to fragment the housing market into certified and uncertified segments. It's not clear to me just what the relative size of the two markets would be. It is likely to depend on a number of factors. However I suspect strongly that mortgage lenders will take the line of least resistance and only lend against 'benchmark' houses. If that happens almost all houses will be 'to standard' and it will take a great deal of marginally necessary work to get them up to the the letter of the regs. If however mortgages were available for any house then I suspect that only the top of the market will get the 'A1' certificates. Mortgages are available for any property, even derelicts, otherwise the auction market would die whereas it is in fact possibly healthier than normal sales at the current time. You just have to look a bit harder for the money. But at the end of the day there's a huge amount of money out there to be lent and currently only a limited number of people looking to borrow. |
#8
|
|||
|
|||
In message .uk, Ed
Sirett writes On Wed, 01 Jun 2005 20:51:01 +0100, Mike wrote: wrote in message oups.com... I know someone who had a corgi interview the other day. The corgi interviewer apparently went on about many people not being able to sell their home in 2007, due to this survey I would presume. When a seller gets the survey, and they know the recent history of the house, it will be more of a decision as to whether every little change, wiring mod etc. is mentioned I suppose. Unless you just get a company in to the the survey by the book without telling him anything. Also, I wonder if this survey will include building control etc. I expect the corgi bloke is expecting loads of inspection work in 2007 and some more corgi golden years. Do people agree / disagree with this corgi's opinions ? Although you will have to fill in the forms, it will be quite acceptable to write "not known" or "information not available" across every question just as it is with the current solicitors information form. It is then up to the purchaser to decide to proceed or not. If the regulations were tightened more in response, you would see more properties moving to some sort of auction, albeit one with possible an indefinite time period and high reserve, where no guarantees on the property being auctioned exist. Apparently on the ball conveyancing clerks are starting to ask for certificates on the state of the gas/water/electric installations. The effect of this legislation, IMHO, will be to fragment the housing market into certified and uncertified segments. It's not clear to me just what the relative size of the two markets would be. It is likely to depend on a number of factors. However I suspect strongly that mortgage lenders will take the line of least resistance and only lend against 'benchmark' houses. If that happens almost all houses will be 'to standard' and it will take a great deal of marginally necessary work to get them up to the the letter of the regs. If however mortgages were available for any house then I suspect that only the top of the market will get the 'A1' certificates. Ed, In 1991 I did a course on the New Estate Agent Regulations and David Perkins talked about a future where every house for sale had a log book, service record, and survey, and a title document and search, in the file. He also talked about buyers having pre-arranged finance. This would enable the deal to be done in the estate agents office, (with a few faxes involving the lender and the Land Registry), thus putting solicitors out of business, (or forcing them to become estate agents). It's not dissimilar to the car market really, and those properties with more information will be more valuable, (how much, remains to be seen). -- Richard Faulkner |
#9
|
|||
|
|||
On Fri, 03 Jun 2005 10:20:41 +0100, Richard Faulkner wrote:
In message .uk, Ed Sirett writes On Wed, 01 Jun 2005 20:51:01 +0100, Mike wrote: wrote in message oups.com... I know someone who had a corgi interview the other day. The corgi interviewer apparently went on about many people not being able to sell their home in 2007, due to this survey I would presume. When a seller gets the survey, and they know the recent history of the house, it will be more of a decision as to whether every little change, wiring mod etc. is mentioned I suppose. Unless you just get a company in to the the survey by the book without telling him anything. Also, I wonder if this survey will include building control etc. I expect the corgi bloke is expecting loads of inspection work in 2007 and some more corgi golden years. Do people agree / disagree with this corgi's opinions ? Although you will have to fill in the forms, it will be quite acceptable to write "not known" or "information not available" across every question just as it is with the current solicitors information form. It is then up to the purchaser to decide to proceed or not. If the regulations were tightened more in response, you would see more properties moving to some sort of auction, albeit one with possible an indefinite time period and high reserve, where no guarantees on the property being auctioned exist. Apparently on the ball conveyancing clerks are starting to ask for certificates on the state of the gas/water/electric installations. The effect of this legislation, IMHO, will be to fragment the housing market into certified and uncertified segments. It's not clear to me just what the relative size of the two markets would be. It is likely to depend on a number of factors. However I suspect strongly that mortgage lenders will take the line of least resistance and only lend against 'benchmark' houses. If that happens almost all houses will be 'to standard' and it will take a great deal of marginally necessary work to get them up to the the letter of the regs. If however mortgages were available for any house then I suspect that only the top of the market will get the 'A1' certificates. Ed, In 1991 I did a course on the New Estate Agent Regulations and David Perkins talked about a future where every house for sale had a log book, service record, and survey, and a title document and search, in the file. He also talked about buyers having pre-arranged finance. This would enable the deal to be done in the estate agents office, (with a few faxes involving the lender and the Land Registry), thus putting solicitors out of business, (or forcing them to become estate agents). It's not dissimilar to the car market really, and those properties with more information will be more valuable, (how much, remains to be seen). It will be interesting how it all works out. If the scheme takes off (or is forced to) then there will surely be a huge industry of getting and certifying houses as "ready". Note to self: Join an electrics guild next year in readiness. -- Ed Sirett - Property maintainer and registered gas fitter. The FAQ for uk.diy is at http://www.diyfaq.org.uk Gas fitting FAQ http://www.makewrite.demon.co.uk/GasFitting.html Sealed CH FAQ http://www.makewrite.demon.co.uk/SealedCH.html |
#10
|
|||
|
|||
In article ,
Huge wrote: Indeed. And when I buy a car, I don't believe a single word the vendor tells me - And I'm the same with houses. Never in a million years am I going to trust a survey performed by the vendor. The vendor of my present house had a recent report from one of those woodwork/damp treatment firms stating no work was needed. I found wet rot easily in the cellar on my own inspection. I got several free surveys from specialist firms - including the original one who said nothing was needed, which all specified a series of works. So draw your own conclusions. (At that time, most BS required a warranty against woodwork problems and damp etc to be in force for at least 10 years.) -- *The hardness of the butter is proportional to the softness of the bread * Dave Plowman London SW To e-mail, change noise into sound. |
#11
|
|||
|
|||
In message , Huge
writes Richard Faulkner writes: [54 lines snipped] It's not dissimilar to the car market really, Indeed. And when I buy a car, I don't believe a single word the vendor tells me - And I'm the same with houses. Never in a million years am I going to trust a survey performed by the vendor. I have been saying this ever since it was first mooted. There is nothing to stop a seller with a dodgy house bribing a surveyor, or merely having several surveys and picking the best one. -- Richard Faulkner |
#12
|
|||
|
|||
On Sat, 04 Jun 2005 16:52:34 +0100, Richard Faulkner wrote:
In message , Huge writes Richard Faulkner writes: [54 lines snipped] It's not dissimilar to the car market really, Indeed. And when I buy a car, I don't believe a single word the vendor tells me - And I'm the same with houses. Never in a million years am I going to trust a survey performed by the vendor. I have been saying this ever since it was first mooted. There is nothing to stop a seller with a dodgy house bribing a surveyor, or merely having several surveys and picking the best one. I think it will be similar with the specialist surveys: Electrician: You can't have a 'tificate it's not good enough. It's going to to take 3k to bring up to scratch. Householder: You're the second bloke who's said that. Is it possible to make some sort of compromise? Electrician: Well if I replace that cracked socket and the duff light switch. Make out a ticket. That'll be a grand. Houseolder: £900 for cash? Electrican: It's a deal. -- Ed Sirett - Property maintainer and registered gas fitter. The FAQ for uk.diy is at http://www.diyfaq.org.uk Gas fitting FAQ http://www.makewrite.demon.co.uk/GasFitting.html Sealed CH FAQ http://www.makewrite.demon.co.uk/SealedCH.html |
#13
|
|||
|
|||
In article ,
"Dave Plowman (News)" writes: In article , Steve Firth wrote: And the entire thing introduced for the most ludicrous reason. President Blair was miffed because he sold his house in Islington when he moved into No 10. The fool thought that selling a house in Islington was a good move shakes head the peopel who bought it from him resold for about twice what they paid for it not quite a year after buuying it. El Presidente was V. v. mad about this because the people selling it had done nothing to improve the house just bought and sold it. So he decreed that buyers shoudl be told how much the seller had paid and when and then dressed it up woith some more guff to make the homeseller pack. I've heard some ****e in my time, but this takes the biscuit. I just retrieved all the deeds to my house, as they are of no legal value anymore. I can see how much each previous owner paid for the house, and how much their mortgage was for. Actually, I can tell who owned the land all the way back to 1652 which was facsinating, and went back much further than I imagined it would. -- Andrew Gabriel |
#14
|
|||
|
|||
In article ,
Steve Firth wrote: I've heard some ****e in my time, but this takes the biscuit. Yeh, and even sadder becuase it's true. Are you IMM, Steve? Saying things are true just because you believe they are? -- * What do they call a coffee break at the Lipton Tea Company? * Dave Plowman London SW To e-mail, change noise into sound. |
#15
|
|||
|
|||
"Dave Plowman (News)" wrote in message ... In article , Steve Firth wrote: I've heard some ****e in my time, but this takes the biscuit. Yeh, and even sadder becuase it's true. These two are mad. _________________________________________ Usenet Zone Free Binaries Usenet Server More than 120,000 groups Unlimited download http://www.usenetzone.com to open account |
#16
|
|||
|
|||
"Steve Firth" wrote in message .. . Dave Plowman (News) wrote: In article , Steve Firth wrote: I've heard some ****e in my time, but this takes the biscuit. Yeh, and even sadder becuase it's true. Are you IMM, Steve? Saying things are true just because you believe they are? Are you sure you're not IMM Dave? Denying things just because you have an irrational commitment to a belief system. Now, now. We all know IMM is Doctor Drivel and he's just posted his view on this. |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Survey on Newsgroup Behavior | Home Repair | |||
Survey | UK diy | |||
homeowners wanted for short online survey (6 questions only) | Home Ownership | |||
Survey advice | UK diy |