TZ-UK Forums TZ-UK Forums NikGixer750
We looked at house last year that sold in Jan2025, it has just come back on the market. The buyer pulled out as the house has a timber frame and was worried about future value, or so I was told, no idea to really know why they pulled out.
We are still tempted to be honest, the house is up for £485k, the value on the survey was £430k, so they would probably take £415k, our house is worth maybe £440k . It does need maybe £100k spending on it, new heating system, some windows, bathrooms, it is all very out of date, full new carpets, skirting, doors etc. I have the same worry that we would do all that and in the future then struggle to sell the house. It would be a house for the long term, not something to fix and and sell.
It was on the market for about 6 months+ before selling, it is the ugliest house in the village (from the front) the back garden and house is nice, and it’s a decent size, approx 255m2. It has not had much interest, houses that size in the village have sold recently, £670k for one down my street last year and a couple for £700k ish the year before.
I checked with HSBC who my current mortgage is with and they will offer a mortgage if it has a brick external wall with a cavity and min of 275mm of brick, the seller has confirmed it has all of these. So the mortgage should not be an issue.
Anyway, would you buy a timber framed house?
