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survey

kanchhelskis
kanchhelskis Posts: 425 Forumite
in House buying, renting & selling
hiya guys i have just bought a flat, which had a free survey.

should i pay £400, for a proper survey a house buyer report?

thanks in advance!

Comments

  • pippa80
    pippa80 Posts: 248 Forumite
    What do you mean by you have bought the flat? You usually get a survey before you buy!
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 5 December 2010 at 5:08PM
    Assuming you mean you have just decided to start the buying process...... impossible to answer without more info.

    This 'free' survey? I'm guessing your mortgage lender is doing a valuation survey. It is for THEIR benefit not yours (to ensure the property is worth what they are !!!!!!!) but they'll let you see it. It is a VALUATION. Not a survey, so will not give much detail at all.

    If you want to be sure of the property's condition, you need your own SURVEY (as opposed to valuation).

    See here for details/options.

    edit: am I going mad? or is this site? The word 'l e n d i n g' replaced by !!!!!! I sort of understand why 's t o p c o c k' is censored, but this?
  • Annisele
    Annisele Posts: 4,835 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    G_M wrote: »
    edit: am I going mad? or is this site? The word 'l e n d i n g' replaced by !!!!!! I sort of understand why 's t o p c o c k' is censored, but this?

    Nope, you're not going mad. I thought "he must have misspelt l e n ding", but the preview post thing does it to me as well.
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    G_M wrote: »
    This 'free' survey? I'm guessing your mortgage lender is doing a valuation survey. It is for THEIR benefit not yours (to ensure the property is worth what they are !!!!!!!) but they'll let you see it. It is a VALUATION. Not a survey, so will not give much detail at all.

    I bet it ain't free, either - undoubtedly included in the various arrangement fees they'll be charging.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    OP - are you buying in Scotland, where the property for sale has a Home Report?
This discussion has been closed.
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