Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 3 weeks ago 48
I so need some help as I just cannot Lose anymore money on professional services to be told different things by different people. I feel permanently anxious as my husband recently died and left me to manage a small portfolio which has untold problems which is causing me much stress.
One big problem I’ve asked about before but I’m just getting nowhere.
I have a 4 story building with 8 self contained studios above a hair salon. Checked paperwork and when husband bought them he reconfigured from 7 flats to 8 and there are no certificates from previous owner or him.
For them not to be deemed as HMOs I need to prove that they comply to 1991 Building Regulations or if they don’t, I can make them comply.
I’ve employed 2 different private building control firms to do an appraisal of the building plus sought opinion from Property118, printed off LACORS so I feel I’m quite equipped knowledge wise, but I feel like I’m going around in circles.
One Building Control person said doors should be 30 min separation and ceilings and walls 60, but doesn’t mention floors; the other Building control company says all have to be 60 mins. One mentions lobbies required in individual studios, the other doesn’t and so it go’s on.
What do I do? Which do I go by? This is all costly stuff and will require me to empty my flats (lost rent) and I cannot get it wrong. What if I do all this and then when I come to get Hackney Building Control to sign off, they may say different again.
I feel overwhelmed. This is just one property from the portfolio and I would say that over half have got problems to sort so you can imagine the stress it’s causing.
Please could someone try to help me please with what I should do.
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