Our little terraced house is in need of a rewire. Weve still got a 1960's style system, with a ring that has not enough sockets, and old 30amp wire fuses..
Now, the plan is to sell the house at some point in the near future.
Our plan was to state to potential buyers, "The house is worth X, but it needs a rewire, which is going to cost about Y, so the price is X-Y"
Not having sold a house before, is it the sort of thing that is a) going to put people off buying in the first place, and b) possibly cause problems as far as buyers getting a mortgage etc?..
Is there a standard rate for house wiring (ie, around x per power socket and x per ligh fitting"?...
Any pointers gratefully received....