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Survey question

I'm due a survey to be carried out on my house shortly. Whilst I feel everything is fine with the house, I gather from some of your posts about surveys that small things can be picked up on in order for the buyer to feel he's getting his money's worth on the survey.

If "minor" things come up, am I expected to put them right in order to keep my buyer or is the survey to let the buyer know that these "things" may need doing in a few months or years time?

Nothing was picked up on our house when we bought it 5 years ago and we've been living there "problem free" since. It's solid, electrically safe and nothing's falling off :D

Comments

  • silvercar
    silvercar Posts: 50,681 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    I always think that it is unreasonable for a buyer to seek a price reduction for anything that should be obvious by looking at the property. The point of the survey is to highlight anything the buyer wouldn't be aware of. A buyer should have an expectaion of the general condition of the property from inspection.

    How negotiable the price post survey is depends on whether the buyer is getting a good price and if there are other similar properties around for sale.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • JennyW_2
    JennyW_2 Posts: 1,888 Forumite
    I think he's getting a good deal. My house is capped £15K as we have a train line at the rear of the garden. The house opposite (still hear the sound of the trains) is up for £20K more and one in the next road is up for £15K more :eek:

    My house is in good decorative order and we've been living their problem free for 5 years.
  • Tahiti
    Tahiti Posts: 446 Forumite
    Jenny, you know my situation.

    I would say that if something was blatantly obvious on viewing the property, it shouldn't lead to any issues with price reduction. The property we are buying has numerous bits that need doing, but we are only trying to negotiate on the flat roof as it was not visible on viewing, and was raised as a concern by the surveyor.

    Little things like condensation in the windows, a bit of trim hanging off or lack of insulation shouldn't be cause for negotiation in my opinion.

    When it comes down to it, no house is perfect and any buyer should expect to do something when they move in.

    Best of luck with the survey!!
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