We have been struggling with plans and costs for a much needed upgrade to our terraced house.
The upgrade will create official independent access to 2 bedrooms (4 in total with up to 3 for language school students) plus lots of other stuff.
We have had some insurance foundation works done and the surveyor can issue a Certificate of Structural Adequacy. The mortgage company are requesting a Full Structural Survey. The structural engineers say go back to the original surveyor. He says that all the engineers will do is repackage his certificate with a £500 bill.
It is unusual for a mortgage company to request full structural survey on a Victorian mid terrace esp with the foundation strengthened.
Crunch time is coming. The builder wants a deposit. The mortgage company will not guarantee a mortgage. I am little worried about the security of the company I work for ( not a lot). I am worried that we dont have enough contingency.
My wife is adamant that the works go ahead to upgrade our shabby home.
Any advice, experience, counselling welcome.
The upgrade will create official independent access to 2 bedrooms (4 in total with up to 3 for language school students) plus lots of other stuff.
We have had some insurance foundation works done and the surveyor can issue a Certificate of Structural Adequacy. The mortgage company are requesting a Full Structural Survey. The structural engineers say go back to the original surveyor. He says that all the engineers will do is repackage his certificate with a £500 bill.
It is unusual for a mortgage company to request full structural survey on a Victorian mid terrace esp with the foundation strengthened.
Crunch time is coming. The builder wants a deposit. The mortgage company will not guarantee a mortgage. I am little worried about the security of the company I work for ( not a lot). I am worried that we dont have enough contingency.
My wife is adamant that the works go ahead to upgrade our shabby home.
Any advice, experience, counselling welcome.