21/01/2025
Perils of buying at auction #9 – Dry Rot Attack 🍄
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Another reason why properties often end up in auctions is the problem of dry rot. It is regarded as the second worst defect, after structural movement. Outbreaks of dry rot can start from a single dampness event, for example a leaking gutter or downpipe. Properties that are already in need of works and are unoccupied are especially vulnerable. 🙄
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It’s so bad because unlike wet rot, which can be controlled simply by stopping the damp source, dry rot devours timber components, including structural elements, which can then lead to structural movement. 😠 Getting rid of it is in itself a destructive process as affected timbers cannot be treated and filled. They must be cut out, removed and replaced. Even apparently sound timbers within a metre of so of the visible damage have to go. In severe cases, this can mean replacing large parts of the building e.g. whole floors! 😲
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Both wet and dry rot are fibrous forms of decay but dry rot fibres have the ability to creep behind wall plaster, through brickwork and along metal pipes. If a few strands are left behind, a new outbreak can develop, potentially leading more destructive and very costly replacement works. 😬
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I’ve seen some really devastating dry rot cases. One which springs to mind was a large historic house bought for owner occupation. Dry rot seemed to have spread through the whole building affecting skirting boards, door frames, window sills, the stairs and floors. How much would it cost to remove and replace all that?😫
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In another example, an investor bought a house to refurbish. They were slow and the building was closed up and unchecked for some time. Dry rot developed in a front cupboard adjoining a damp wall. It then spread up the lath and plaster wall finish into the upper floors. Dry rot spores exploded from the fungal core and spread around the house, leading to fresh dry rot on the rear side, spreading into the airing cupboard and even an attached timber outbuilding. Disaster! 😭
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Imagine you were buying a house refurbishment project at auction or direct from a distressed vendor. ✅ Could you assess if there is any dry rot present? 🤔 Are you aware of the high risk areas to check first? 🙄 Could you identify the difference between dry rot and less serious wet rot? 😕 What are the symptoms? 😳
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If these questions make you feel uneasy, chances are, no one will have taught you how to survey the building to find serious defects quickly and effectively during a 20-30 minute viewing. If you’re in the business of flipping, sourcing, property portfolio building or management, sooner or later something nasty like dry rot is going to affect you financially and emotionally. 🥺
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Protect yourself. Get informed. Make 2025 the year to learn how to survey buildings for serious defects. Mastering the Art of Surveying Homes is an online course aimed at the property investor to fill in this knowledge gap. It’s photographed based so you actually see what you need to be looking for. The subject is not taught in most property investment training courses. 😡
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The course runs for 2+ hours on Monday evenings from 27th January, right through 2025. Participants become part of my network and can receive 1:2:1 help direct from me if and when needed. Spaces are limited so that I can serve everybody. Who am I? A Chartered Surveyor with 25 years active practice and 23 years as a property investor and landlord. 😄
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Message me privately if you’re inspired to learn. In the first instance, I’ll be speaking to you on the phone to give details and learn a bit about your property career and ambitions. 👍