Selling House With Drainage Problems
Drainage problems at your property can make it more difficult to sell the home, but there are still ways to get a competitive and quick offer from a buyer.
Your top questions when selling a property with drainage problems
✅ What type of drainage problems can occur at a leasehold or freehold home?
There are several different types of drainage problems that might happen at your property, and for various reasons. Blockages in the pipes that take the wastewater from your home to the sewer are a very common issue, and other problems that can arise include the pipes cracking and leaking, which if left untreated can cause damage to your property’s structural integrity.
✅ How can I detect whether there are drainage problems at my property?
One of the earliest warning signs about drainage issues at your house or flat is if you start to smell bad odours coming from the sinks, toilet or bathtub. Other indicators of drainage issues at your property can include loud gurgling sounds when you’re trying to drain water, or in the case of broken pipes you might see stains or other damage on the ceiling, floors or walls.
✅ Am I required to tell prospective buyers about drainage issues at my home?
Yes, you are required by law to disclose drainage problems at your freehold or leasehold house or flat. This detail needs to be included on the Property Information Form, also known as the TA6 form, where you will have to answer questions about many aspects of your property, and that includes issues affecting the home’s structural integrity, such as drainage issues.
✅ Why will some buyers be reluctant to own a house or flat with drainage problems?
You will likely find that some potential buyers will lose interest in making an offer on your property once they discover that it has drainage problems, because they will have concerns about the costs and effort involved with repairing the issue as the next owner. Other buyers may worry that the problem could lead to future structural damage at the house or flat.
✅ Should I repair a drainage problem at my property before trying to sell it?
This is a decision that you’ll have to make after assessing whether you are prepared to invest the necessary effort, money and time in correcting the problem before attempting to find a buyer. Just beware that extensive drainage issues could take many months and thousands of pounds to fix, which is not ideal for those owners who are looking to sell at minimal cost.
✅ How long will it take to sell a leasehold or freehold home with drainage issues?
The average timeline when selling through an auctioneer, an estate agent or on your own will be at least several months, and sometimes more than an entire year in certain cases. By contrast, if you sell your property to a quick buyer such as LDN Properties, they can complete the entire process within a handful of weeks, and that includes the key step of exchanging contracts.
✅ Will I need to pay any fees to sell a property that has drainage problems?
Only if you decide to sell your home using an estate agent or auctioneer, because they will charge you commission and this will be subtracted immediately from the final sale proceeds. But if you instead opt for selling your home either without any third party help or to an honest no-fee quick home buyer like LDN Properties then you will not have to pay any commission.
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