Got our home buyer survey back...

billybrag

... and it has a rediculous mistake on the first page.

It gets the tenure wrong, and i know its wrong as it is a leasehold house (999 years) and they list it as freehold.

Its a C+G survey and im wondering if i have any right to complain as it has cost me the thick end of 500 notes and they clearly havent done it properly....

any thoughts or am i being too precious?

Wickedkitten

Hmm, if you have the land registry title from the HIPS pack, and it lists it as leasehold, then I would take the entire survey along with the printed out title down to C&G and point it out to them.

Other than that, is the survey ok?

billybrag

Other than that it is mostly what we were expecting, and one thing we wern't, which is where it states that the when the roof was replaced (2005) the timber was not reinforced. There is a guarentee on the roof for 20 years from the reputable company, so not sure if its an issue atm...

Edit - Our mortgage offer was listed as freehold too, based on the survey, but they are correcting that. Should i get some money back for this? it doesnt instill great confidence tbh

Wickedkitten

billybrag wrote: »

Other than that it is mostly what we were expecting, and one thing we wern't, which is where it states that the when the roof was replaced (2005) the timber was not reinforced. There is a guarentee on the roof for 20 years from the reputable company, so not sure if its an issue atm...

Edit - Our mortgage offer was listed as freehold too, based on the survey, but they are correcting that. Should i get some money back for this? it doesnt instill great confidence tbh

You'd probably be best talking to the solicitor about that.

billybrag

thanks WickedKitten

Any other comments?

Richard_Webster

The surveyor may well not have seen the HIP and therefore would not necessarily know it was long leasehold. Unless the seller told him it was leasehold he would not necessarily know. Some sellers don't even realise that their house is leasehold!

Mostly the ground rent is a very small sum and this makes virtually no difference to valuation.

When you applied for the mortgage, did you tell C&G it was leasehold?

hethmar

I think a lease of nearly a thousand years would generally be thought of as freehold near as dammit. Cant see it being any sort of problem.

real1314

999 year leases are commonly referred to as "long leasehold" and are treated as if they are freehold. The ground rent is often less than £10 a year, so it makes little or no difference to the valuation. It's a bit like stating that Mercury is not as hot as the sun.

Chances of getting some money back for the failing? Slimmer than slim to none.