Hi All
Has anyone ever heard of a reduction in claw back figure , for works carried out on a affordable house. New energy efficient boiler, windows, insulation etc..
I taught seen something about it one time, but I could be wrong
Or just hoping maybe !
Appreciate any input
Tks
J
Replacing windows is one of those things that benefits the occupants, but doesn't have much of an impact on house value.We have invested a lot in the house and feeling that it’s a bit unfair they are not taking, for example windows into account.
Think about it from their point of view, how do they validate the works and costs without receipts? It would be wide open to abuse.Unfortunately, we don’t have all the receipts 12 years later. Even though, they will be carrying out an evaluation for 150€ they still need those receipts. A bit pointless.
It’s simple. If the house next door without extension is valued at 300k and the house with an extension is valued at 350k. The value of the extension is 50 k.Think about it from their point of view, how do they validate the works and costs without receipts? It would be wide open to abuse.
Perhaps, but only if every other aspect of the house including decor, wear and tear, etc., is identical. Superficially similar houses very close to each other can often achieve very different prices.It’s simple. If the house next door without extension is valued at 300k and the house with an extension is valued at 350k. The value of the extension is 50 k.
Well, the only thing that is really relevant is what the LA say, which is guided by the terms and conditions of the Affordable Homes scheme you benefitted from. If you didn't like the claw-back terms, perhaps you shouldn't have extended.It’s irrelevant how much did it cost to build 12 years ago, it’s important what value it brings to the house now.
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