First time buyer, going between Avant and BOI for our mortgage, has anyone any experience or advise on which is best to go for? The house we are buying needs a good bit of work so our broker advised PTSB can be very strict lenders
We got out survey back from the engineer. It showed up the below
Windows- new windows will be needed as they don't meet fire regulations as the design of the windows doesn’t allow people to escape in the event of a fire
Roof- no visible fire stopping along the party walls
Garden- there is no access to the jack garden due to it being so overgrown as nobody has lived in the house for 8 years, they advised to clear as soon as possible to assess damage to dwelling, drainage, garden and boundries
Floors- floor tiles and adhesive under floor tiles may contain small asbestos fibres
Our broker wants us to get quotes for the works to show we have the funds to do these, for the windows no issue getting a quote. The roof my friend does fire stopping for a living so can do this for us and we just pay materials. My thing is the garden the plan was to do this ourselves clear the garden but will the bank want to see a quote for this and will we have to clear it before we buy it?
has anyone been in a similar position and can advise
We went sale agreed on a vacant house recently, hasn't been lived in in 7+ years. A lot of work to be done rewire, heating, plumbing windows etc. Our broker advised due to the length of time it hasn't been lived in to get a surveyor in as they advised that lenders may be concerned given the habitability and condition of the property as it has been vacant for some time. Should I be worried? We have family and a lot of contacts to do the work that needs to be done so won't need to pay for 'Labour' just materials. Broker advised we may need a higher deposit and bank will want to see where the funds are coming from?
Anyone been in this position before?
Just looking for some advise. We are nearly 2 weeks highest bidder on a property. The property has had about 3/4 viewings now. Its on the market over 3 weeks. It is in really bad condition which is why I think there is not a lot of interest. How is best to approach the estate agent and ask when they will close the sale? I don't want to outbid ourselves basically. If anyone has any advise I appreciate it