News

JAN 2016 NEWS-LETTER
 
Happy New Year to you all and wishing you all a prosperous 2016.
 
With both BCIS construction forecasts and RICS house price forecasts showing positive growth, let’s hope 2016 is even better than 2015 was with steady growth in our market, hopefully with more properties being listed.
 
Rising Damp
 
May I give you an up-date on the current thinking with regard to Rising Damp and how we can assure a potential Purchaser that finding Rising Damp doesn’t mean that they have to walk away from the purchase.
 
When Rising Damp is reported in a survey it can cause real concern for the Purchaser if they are not well advised and often result in the loss of the sale for the Vendor and their Agent.
SOLD
 
May I give you an up-date on the current thinking with regard to Rising Damp and how we can assure a potential Purchaser that finding Rising Damp doesn’t mean that they have to walk away from the purchase.
 
When Rising Damp is reported in a survey it can cause real concern for the Purchaser if they are not well advised and often result in the loss of the sale for the Vendor and their Agent.
 
In my opinion if that occurs it’s poor survey reporting and a disservice to both the Surveyor’s client and the Vendor.
 
In 99% of cases Rising Damp is caused by a build-up of debris in the base of the cavity wall which simply requires clearing.
 
This is done by opening up the cavity from the outside and clearing the debris which for most properties can be carried out within a couple of days at a cost of about £300.
 
As this is an external job it doesn’t affect the interior finishes nor the occupancy of the property.
 
Minor incidences of damp will carry a warning of possible damage to suspended timber floors but if these remain level and firm to the tread then there should not be any significant or costly damage and of course solid concrete floors are unaffected.
 
In the rare event of really serious rising damp that has been there for some considerable time resulting in damage to plaster finishes then this does require more significant interior works. However the incidence of this level of damp would be clearly visible to all parties before any survey so would not come as any surprise!
 
Dave Sloper (Tel: 07709 063 417) has been successfully carrying out cavity clearance jobs for our clients for a couple of years. He has developed some specialist tools and techniques for this and can usually complete a clearance within 2 days at modest cost.
 
From our point of view I can reassure the Purchaser that finding Rising Damp doesn’t have to be a deal breaker!
 
Health up-date:
 
I have continued to feel really well in the last part of 2015 and fully expect this to continue. I’m very lucky to have been put on a new immune therapy drug which hasn’t yet been approved for general use on the NHS and this therapy is going really well.
 
Thank you all for your support and here’s looking forward to 2016.
 
Steve Draycott FRICS FABE
 

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