Re: [OT] Advice please, may buy house its under pinned, would it be mortgageable

["Gary" <questuk1@xxxxxxxxxxx>]

the agent selling property has been very upfront and told me that work
had been carried out and has all the paperwork available to me, but
obviously i can't make much sense of it at moment.

Any ideas welcome.

Regards


Gary



--- In ukha_d@xxxxxxx, "Alex Monaghan" <ha@m...> wrote:
>
> If they've done the job properly, then the cause of the problem will
have
> been found (hopefully documented), resolved and then the
underpinning will
> be the resolution to the problem.
>
> If you've not got the full facts as to why they've had the work
done, then I
> guess you need to start digging (paper work, not under the house !)
to find
> out why.
>
> Several of the houses in the area of our last house had been
underpinned,
> but they sold OK, so I guess it depends on the buyer / lender /
insurance
> company.
>
> > -----Original Message-----
> > From: Gary [mailto:questuk1@h...]
> > Sent: Monday, May 16, 2005 10:20 PM
> > To: ukha_d@xxxxxxx
> > Subject: [ukha_d] [OT] Advice please, may buy house its under
> > pinned, would it be mortgageable?
> >
> > Hi,
> >
> > I have found a house (1950's) detached i like, but it was
> > underpinned in 1992.
> >
> > Not knowing much about this subject, i did a few searches on
> > the newsgroups, it seems in there opinion, a lot of mortgage
> > and insurance companies avoid these?
> >
> > As with everything you read on the net you have to get a
> > balanced opinion.
> >
> > Is it just that the people that have had problems, are going
> > to put there complaints online, and those that have no
> > problems, obviously wouldnt have posted on the newsgroups? So
> > distorting the facts and making things sound worse than they are?
> >
> > I am in the lucky position of being able to buy the house
> > without a mortgage, but thinking ahead when i come to sell it
> > in the future, will i then find that i cant sell, do to the
> > next person being refused a mortgage or insurance on it?
> >
> > Your help will be much aprreciated as i have had to put every
> > penny i have into buying this house and I love the house, but
> > want to make a informed descion, with all the facts known.
> >
> >
> >
> > Regards
> >
> >
> > Gary
> >
> >
> >
> >
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