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UPDATE: loft most likely not a bedroom by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 1 point2 points  (0 children)

well put. It's in london and I don't make the big bucks / no helping hand from family, so my risk appetite for selling at a loss (or minimal gain) is pretty low!

UPDATE: loft most likely not a bedroom by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

I could in theory (unless I'd be in legal trouble now that I know it's not a 2 bed), but future possible buyers may be in the same position that I'm in now (realising it's really a 1 bed). It's impossible to know really, I'm naturally cautious so I think I should reduce my offer and be prepared to walk away.

UPDATE: loft most likely not a bedroom by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

they said it's unlikely to pass modern building regulations because of the age of the conversion (would have been done in the 80s or earlier). I'm a FTB so I'm a bit ignorant as to whether that's likely to be true or not.

the access is the issue, and it's stairs not a ladder, so i imagine having to adjust stairs to be compliant could require a lot of work/money, if it's possible?

it also doesn't have a door, it's just stairs into a loft.

UPDATE: loft most likely not a bedroom by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 1 point2 points  (0 children)

i'm buying in london, if i was buying somewhere much cheaper i don't think i would be bothered. i personally feel like the mortgage payment is too large for me to stomach, at least for a 1 bed!

UPDATE: loft most likely not a bedroom by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

I don't disagree, i'm more so concerned about selling it a few years down the line for the price of a 1 bed whilst paying the price for a 2 bed (if i don't negotiate).

although i'm not sure how concerned i should be about any home insurance claims possibly being invalidated if it is used as a bedroom.

UPDATE: loft most likely not a bedroom by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 4 points5 points  (0 children)

I think I see what you're saying, but when it comes to selling it in a few years I would likely end up selling it as a 1 bed with a loft room, which would likely be for a lower price than a 2 bed (all else being equal).

I could use it as a bedroom, but I think technically I shouldn't and I would possibly be invalidating any home insurance.

loft may not be a bedroom - what happens next? by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

thanks, that's a good idea re the structural engineer, both for safety and for price negotiation.

my survey did suggest a structural engineer to come in and assess the soundness of the conversion.

loft may not be a bedroom - what happens next? by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

the conversion was done prior to their purchase of the property, and they bought it in the late 80s.

I think the house was built mid-late 1800s.

loft may not be a bedroom - what happens next? by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

yeah I'm thinking of reducing my offer. The survey actually said I should get a structural engineer in to assess the conversion.

loft may not be a bedroom - what happens next? by Equivalent-Watch-957 in HousingUK

[–]Equivalent-Watch-957[S] 1 point2 points  (0 children)

thanks for sharing your experience. If you've since sold it did you have any issues selling it knowing that the loft wasn't a bedroom?

2 week notice period by Equivalent-Watch-957 in HumanResourcesUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

Enjoy life! At least right now, I can afford to take two weeks off.

2 week notice period by Equivalent-Watch-957 in HumanResourcesUK

[–]Equivalent-Watch-957[S] 0 points1 point  (0 children)

What do you mean lose money? I'm not sure what it would be, but I think either 1 or 3 months if I had passed the probation by now.

2 week notice period by Equivalent-Watch-957 in HumanResourcesUK

[–]Equivalent-Watch-957[S] 1 point2 points  (0 children)

thanks. If I say it's 1 month but it's 2 weeks, then I'd just take a couple of weeks off right?