Sunday, October 24, 2010

Slumlord outraged after his BTL hovel is deemed “not habitable” by surveyors

Homeowner outraged after the property he paid £84,000 for is valued - at just one pound

Paul Rooney, 42, bought the two-bedroom Victorian end-of-terrace for £86,000 in early 2007. But the businessman [err, you mean landlord] was stunned when he applied for a mortgage on the property with Nationwide and valuation officers who visited the house gave it a meager £1 price tag. A valuer working for Nationwide produced a report on September 21 which stated that the house was 'not habitable'. It said that there were 'excessive moisture readings' in the ground-floor walls and that wood touching them could be 'affected by rot'. The document also sought a further engineer's report on the stability of the roof. But Mr Rooney - who had already put tenants paying £550 a month in the house - fears that he may have to sell more properties for low prices if banks refuse to lend.

Posted by drewster @ 05:21 PM (2559 views)
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13 thoughts on “Slumlord outraged after his BTL hovel is deemed “not habitable” by surveyors

  • Major Des Aster. says:

    Cheer up HPC’s. Things seem to be finally moving your way! This is “Brinkmanship” at it finest. Wayne Rooney style.

    The house is worth 70K in anyones language. £70K is the price where Nationwide will end up at.

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  • It makes you wonder what sort of tenant would pay £550 pm for such a house. Maybe a government assisted one perhaps?

    Could the banks do a dirty on the new breed of ‘social landlord’ by refusing to grant further mortgages on their houses?

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  • Unless the tenant is a qualified surveyor, he or she wouldn’t be aware of the rotting wood or the stability of the roof. Maybe rented properties should undergo annual structural checks as well as gas safety checks.

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  • greed coming home to roost. hurrah!

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  • Oh come on folks. Mr Rooney is is down to his last 33 other buy-to-let properties. Have a heart.

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  • Perhaps he could ask his distant cousin Wayne for some financial help?

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  • If he puts a lick of beige paint in the living room and puts some twigs in a vase in front of a hallway mirror he could double the value of his property I’d bet!

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  • mark wadsworth says:

    Tee hee.

    Wilsons.

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  • MW,
    Didn’t the Wilsons mainly buy new-builds direct from the developers at deep discounts? Presumably new-builds won’t have quite so many problems with rotting wood (although I’ve seen other construction disasters).

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  • my uncle sold his mums house in welsh valleys for £7,000 in 1995…..the birth of the internet has made most areas in uk the same

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  • Lyrics from one of my favourite songs as a teen. Strangely apt………………

    Sheriff Fatman started out in business
    as a granny farmer
    He was infamous for fifteen minutes
    And he appeared in Panorama

    Then he somehow got himself on board
    The Starship Enterprise Allowance Scheme
    With a Price of Wales award
    for pushing valium and amphetamines

    CHORUS

    Now he’s moving up onto second base
    Behind Nicholas Van Wotsisface
    At six foot six and a hundred tons

    The undisputed king of the slums
    More aliases than Klaus Barbie
    The master butcher of Leigh-on-Sea
    Just about to take the stage
    The one and only
    Hold the front page

    Fatman’s got something to sell
    To the capitol’s homeless
    At the Crossroads Hotel
    For the no-fixed-abodeless
    Where you can live life in style
    You can sleep in a closet
    And if you flash him a smile
    He’ll take your teeth as a deposit

    There’s bats in the belfry

    The windows are jammed
    The toilets ain’t healthy
    And he don’T give a damn
    He just chuckles and smiles
    And laughs like a madman
    A born again Rachman
    Here comes Sheriff Fatman

    With his valium, amphetamines
    His sick notes and his phoney prescriptions
    And just when yo thought it was safe
    To go back in the kitchen, dead legs and cracked heads
    Bunk-beds and breakfasts
    Wake up you sleepy headcases…check this…

    Moving up now to take the place
    Of Nicholas Van Wotsisface
    At six foot six and a hundred tons
    The undisputed king of the slums
    With more aliases than Klaus Barbie
    The master butcher of Leigh-on-Sea
    In a hatchback from Notre Dame
    The one and only Sheriff Fatman

    In goes another left hook
    And now I’m losing my patience
    Someone call up Roger Cook and the United Nations
    He’s buying up houses for hasbeens (help me)
    >From Lands End to Southend to Chelsea
    There’s bats in the belfrey
    The windows are jammed
    The toilets ain’t healthy
    He don’t give a damn
    He just chuckles and smiles
    And laughs like a madman
    Ladies and gentlemen,
    I give you…
    Sheriff Fatman!

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  • The local councils’s Environment Health Team should be informed and the landlord should be fined and prosecuted.

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  • @symo
    Carter USM on a monday morning …..good stuff
    Slumlords have blighted this country for many years, Nicholas Van Whatshisface being one of he nastier.

    It’s been said on these boards many times before, but its about time we taxed them properly and ensured that the housing offered in the private sector was up to standard

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