Concerns over type and cost of structural repairs before buying or selling
When buying or selling a home, one of the most overlooked yet critical concerns is the state of the property’s structural integrity. Structures Made Easy frequently sees houses where hidden or misunderstood structural issues complicate the sale of a house, either in the sale cost or delaying the exchange and completion.
If you are buying a house, a survey may highlight areas of the structure that may indicate structural problems, such as cracking in the wall, for instance. This would raise concerns for you since you don’t want to buy a house with structural issues which there is a risk could cost you thousands to repair once you’ve bought the place. A crack may be simply due to a minor local issue, such as a slammed door, but could alternatively be due to a fundamental problem with the foundations or many causes in between. Repairs can range from a few thousand pounds to tens of thousands for major foundation or support beam replacements. Without a professional assessment, these issues can lead to costly surprises after closing.
If you are selling your home, there may be the dilemma of whether to repair issues upfront or disclose them and risk lowering the home’s value. It may be tempting to conceal or not consider possible structural problems, but this can backfire. Undisclosed or unknown issues will typically be noticed by surveyors when carrying out their homebuyers survey, but any surprises uncovered here can delay the sale while they are investigated and affect the sale price as the cost of repairs is established.
You should appoint a chartered structural engineer, such as Structures-Made-East, as early as possible in the sale process to reduce the risk of any unexpected delays or late adjustments to the sale price. A structural engineer will diagnose the cause of the structural problem and then recommend appropriate remedial works. These repairs can then be costed, and that cost used in negotiations on the sale price. The engineer will be able to give a guideline cost, and this is often accurate enough for the negotiations.
Addressing structural concerns early reduces the risk of last-minute deal-breakers, delays or unexpected costs.
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