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  • FIRST POST
    • Matt1234566
    • By Matt1234566 15th Oct 16, 4:07 PM
    • 1Posts
    • 0Thanks
    Matt1234566
    Asbestos problem
    • #1
    • 15th Oct 16, 4:07 PM
    Asbestos problem 15th Oct 16 at 4:07 PM
    We are close to finalising our deal to buy an ex council flat and we were sent a letter about asbestos in the block of flats. We know this is the norm for building of the age it is but when speaking to the vendors they do not know where the asbestos is or the level of asbestos which is a legal requirement and they are refusing to pay for a survey.

    We are now unsure what to do any advice would be appreciated.
Page 1
    • minimike2
    • By minimike2 15th Oct 16, 4:29 PM
    • 1,918 Posts
    • 1,416 Thanks
    minimike2
    • #2
    • 15th Oct 16, 4:29 PM
    • #2
    • 15th Oct 16, 4:29 PM
    If they want to sell they pay for a survey.

    Simple.
    I am a mortgage industry professional. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice
    • Thrugelmir
    • By Thrugelmir 15th Oct 16, 4:41 PM
    • 56,725 Posts
    • 50,102 Thanks
    Thrugelmir
    • #3
    • 15th Oct 16, 4:41 PM
    • #3
    • 15th Oct 16, 4:41 PM
    Speak to the managing agents. They would have had to prepare a risk assessment as there is communal areas to be considered. There's no onus on the sellers to undertake a survey.
    “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”
    ― Warren Buffett
    • amnblog
    • By amnblog 15th Oct 16, 11:15 PM
    • 10,152 Posts
    • 3,970 Thanks
    amnblog
    • #4
    • 15th Oct 16, 11:15 PM
    • #4
    • 15th Oct 16, 11:15 PM
    As Mike says - Do not 'buy' their problem.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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