Week 9 of Beeny Knows Best, where our very own Sarah Beeny takes to the blog to answer your property-related questions.
We bought a derelict chapel with the intent of converting it but 3 years later having spent 130K on it, we are still living in a caravan! It has been on and off the market and had offers, but they were 60k under the valuation. We cannot afford to take that high a drop and are sure it's price is about right, the problem being it needs to be a cash sale so limits the purchasers.
What should pur next steps be? I am suffering from bad depression, 2 slipped discs and have just about had enough! We are both in our 60's and really cannot take this much longer - Lesley
This is a very tricky position indeed. My understanding is that you bought the derelict chapel for £130,000 and having made the choice not to renovate it as planned, have decided that you want to sell. The fact that you have had offers £60k below the valuation I am afraid appears to be a reflection of the valuation being too high. I am so sorry to be the bearer of bad news, but perhaps now is the time to cut your losses, be utterly realistic and take the necessary loss in order to be able to sell up and move into more comfortable accommodation.
My parents are thinking of selling their home. It's a period property with older style furniture and clutter in most rooms i.e ornaments and knick knacks (but clean).
My question is, do they leave it as it is and any potential buyers see it warts and all with a view to making changes themselves or do we make some minor changes and declutter? - Kirsty
I think as long as it is clean it should be fine - though it might be a really good opportunity to clear out some of the general 'stuff' around anyway as if they want to move they will have to do that regardless. I would suggest a skip and a pile of large boxes for the charity shop and anything else that they dont need right now, could go into storage (or a handy cupboard under the stairs) until they actually move.
If you have a question that you'd like Sarah to answer in next week's post, email it across to [email protected] with the subject line 'Beeny knows best'.