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What are to pro's and con's of buying a wimpey no fines property?
Wiki User
∙ 16y ago
There are no serious problems with no fines of which I am aware. The houses suffer from fairly poor insulation qualities and this can sometimes cause condensation depending on environmental conditions but this can be rectified by applying an external insulation. Some of them contain asbestos in various forms. Mortgage lenders will in general lend on normal terms (houses not flats) although if there is the merest hint of a problem most will require a structural engineer's report. They are in the main ex-local authority properties so suffer from a typical "low status" image but if snobbery doesn't affect you you will tend to find that they are good value for money in terms of plot and building size. I have surveyed these buildings on many occasions over the last 15 years mostly in Herts and Beds and never encountered a serious defect so far.
Wiki User
∙ 16y ago
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