Survey Problem??

Oddgy

I know.....this is the trouble when you have a house u want to move into, they have you by the short and curlys!!
I think that for £100 - we ve got no choice to pay for the roof space to be done. Because if we do have to sell it again, it will be picked up on another survey as apparantly they look for these now days as its high on the agenda of lenders.
Dont get me wrong, i begrudge paying their half, but in all, for £100 i dont want to loose the buyer. So close to christmas as well. I dont think they would pull out, as its stupid but then again there are strange people in this world. But of course they must feel we are stupid if we dont agree to pay for it all and loose the sale!!? ? ? So i does work two ways. However, i do think negociation should be the thing. As that then shows two partys are willing to come to an arrangement. I just feel like making a mess when we leave. I know i wont, but i feel so uptight that they are making demands, and we are feeling we are having to bow down to them. Its not right. We are genuine people, we have always dealt with them face to face, let them in our house several times, even for them to measure up so for them to get heavy now is beyond belief. Wed understand if we were floggin a pig in a pope!!

As for the heating system, that isnt a condition of the mortgage loan, its only a recommendation, so i will not arrange and pay for this - no way. This is something i hkghly disagree with and cant believe this was attempted.

Ive cooled down a bit now, and i think i need to just deal with the fact we will have to pay for the brick work in full!!
Just that £100 would come in mega handy for the survey we are having to have done on this house for the independant report for the 2nd Charge we have on it!!

Oh dear......wat a nitemare. I tell ya wat, i would hate to be in a large chain....Gordon Bennet!!

pawpurrs

I suspect that they are just being ultra carefull the sol will have made that recomendation as he is not allowef to test it as he is not corgi reg, and that covers his !!!! in case there is something wrong with it. Sounds like you got a right one there.

Anyhoo, up to him if he wants to pay someone to check it.

Yasna

Thanks you both, I really appreciate the help..
Does any of you maybe know if we do have to pay the 7K in the end, is the raising damp problem normally fixed for a long time not to come back?

clutton_2

Damp courses are normally guaranteed for 20-25 years - BUT if you get a small company to do it, what is their guarantee worth ? they may be out of business in 25 years time. The latest bit of conveyance trickery, is that someone (purchaser) may well expect you to buy an insurance backed guarantee for the full 25 years, from the company who supplied the products used, rather than the company who did the work - yet more expense if you agree - fore-warned is fore-armed !! chin up !!

Paul_O'Kshields

I'm a buyer and have just had a homebuyer's report done on the house we intend to buy. Purchase price 173k.

The Homebuyers Report valued the house in its present condition at 170k, so recommended a retention of 3k, but said that if the recommended works were carried out the value would be 174k ?

Work to be done includes the roof space firewall, some damp coursing, some external brickwork "spalling" ?? to be re-done.

We've had a report back from a local damp/brickwork specialists (one recommended by the surveyor who did the survey, hmmm...) which has reported back saying that just under 4k of work needs to be done to rectify the faults identified in the survey report.

Am also waiting on a report from an NICEIC electrician (costing £80 !) on what might need to be done to the electrics.


Is it generally the case that costs such as these are split between buyer and vendor? or is there no such thing as "generally the case"?

Is it worth having another quote done by another surveyor to see if the damp/brickwork specialists are trying to pull a fast one here?

Or should I just be going to the vendors' estate agents with a revised offer?

My view is that we have already offered a more than fair percentage of the asking price (95%), in a slow market, on a house that, as far as we know, no one else has put in any offers on. I would certainly be reluctant to be forking out another 4k - 4k which is earmarked for all the other work that needs done to this place if and when we buy it.

Oddgy

Hi Everyone,
Confirmed No WOOD WORM , NO RISING DAMP, Buyers have agreed to pay half for the fire wall.
As for the Electrical and Heating system, our Sols have written to them to advise that we have no problems with them arranging for their engineer to visit our property.

So everything now seems to be resolved and back on track.....well at the moment...!!!

pawpurrs

Good result, fingers crossed.

clutton_2

Fantastic !!! as a nation we do seem to build up problems into huge huge demons before knowing all the facts dont we ? i do it myself ALL the time !!!!


great result !!!!

pawpurrs

clutton wrote:

Fantastic !!! as a nation we do seem to build up problems into huge huge demons before knowing all the facts dont we ? i do it myself ALL the time !!!!


great result !!!!

and me, wish I didnt!

Oddgy

We are at the moment crying....Litterally!!
Our buyers are playing silly bugg**s and we do not know which way to turn.
Remember they had a 5k retention put on their mortgage after the survey on our house? Well we had the works investigated and submitted reports that in fact the only thing that does need doing is the fire wall. Well we then agreed to split the cost of this job between us and our buyers.
They are going to get the firewall done once they move in they said, and that they are ready to go ahead and exchange contracts.

Well today - a letter arrived from their solictors saying that even though we have submitted reports stating that damp isnt present, the lenders are still requiring a retention to be held. They have now reduced it from 5k, to 2.5k.

And guess what = our buyers are wanting us to meet this, so reduce the asking price by 2.5k.

We have said to our sols that we cant possibly do this - and with respect, we have prooved the problems are not an issue as the so called surveyor had thought, so what on earth is this all about.

We now await to see if our buyers pull out - in the mean time we have our hands tied.

How upsetting and depressing this whole situation is becoming. You take 2 steps forward and then 3 back.

I cant help thinking this is all to do with the kind of buyers we have. You see they are FTB as you know, but are borrowing 15k more than what we are selling the house for so from what i can read into the situation the lender is looking after their own interests. Looks like we need a buyer not wanting a 115% Mortgage!!