They're the ones saving £10k in stamp duty!
PS I think surveys are shit.
Quote from: Paul B on December 03, 2020, 06:32:13 pmPS I think surveys are shit.Out of interet, why is that?We're getting close to completing on a property and just realised we haven't had a survey done (cock up because of having to swap solicitors, had a survey through the first solicitors and didn't sort it with the second solicitors). I'd like to get a survey done but it could have a knock on effect on the completion date.
PS all surveys are shit
Presumably because they...
Wear and tear is one thing, but replacing all the roof timbers would be fairly spenny....
Quote from: remus on December 03, 2020, 09:33:09 pmHaving recently pulled out of a purchase on the strength of the building survey, I'm in favour of them. Turned out to be a very good decision. Can I ask what the issue was?
Having recently pulled out of a purchase on the strength of the building survey, I'm in favour of them. Turned out to be a very good decision.
Can I ask what the issue was?
Completely off topic. Today my parents moved out of the house that my brother and I spent our whole childhoods in.
Quote from: Paul B on December 03, 2020, 11:48:27 pmCan I ask what the issue was?In very simple terms we knew the house needed work, but the survey showed up a lot more than we'd bargained for (I.e. not just general wear and tear type renovations and modernisation), along with indicating we'd offered £10k too much based on the surveyor's valuation. Biggest issue was very high damp levels throughout the whole house, but generally we just weren't prepared to take on a project. It was a good decision because a couple of weeks later we basically found our dream house, with no work needed beyond minor redecorating, which I'm now writing this from
We went through a similar situation. Put an offer in on a house which needed quite a bit doing to it. Surveyor was like "this house is actually f**ked" (it had had major DIY extensions...), he even said to my partner something like "off the record, but if you were my daughter I'd advise you don't buy it."
The vendors are buying a house with no chain so fingers crossed it won't all fall through. Thanks UKB.