We are interested in buying a steel framed house.
The house is currently cash buy only because of slight corrosion to the steel frame. The survey has revealed evidence of corrosion at the bases and surface corrosion within the loft. Apart from that, we cant find no more information.
Is this is a big job to repair? Can anyone help us out on how much it would cost to make the property mortgagable? Would be just be able to treat the surface corrosion and replace the bases?
Will we not know the extent of the damage until the steels are exposed?
We have the chance to buy a cheaper house and be mortgage free but we do need help and advice if anyone has done this type of work or job before, please advise.