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Mortgage valuation report _ should i be worried ?

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Comments

  • harvey1964
    harvey1964 Posts: 359 Forumite
    Thst's what i originally thought. It was just when I googled "Differential Settlement" i read all sorts of horror stories ! I suppose the valuer was just keeping himself right on the report. Do you think then i dont need a full survey or even ahome buyers report.
    it does state for the rating for the repointed part - 3 . which means "essential repairs needed"
  • kingstreet
    kingstreet Posts: 39,298 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you do decide on a structural engineer's report (a bit of overkill, if you ask me) here's the site to find one in your area;-

    http://www.findanengineer.com/

    See if the vendor will go halves with you. Then they get a copy if it's bad and you decide not to proceed.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • harvey1964
    harvey1964 Posts: 359 Forumite
    kingstreet wrote: »
    If you do decide on a structural engineer's report (a bit of overkill, if you ask me) here's the site to find one in your area;-

    http://www.findanengineer.com/

    See if the vendor will go halves with you. Then they get a copy if it's bad and you decide not to proceed.
    Do you think from reading my first post that is nothing to worry about. Its just that I am a first time buyer ( only 24 ) and would hate to be stuck with a house I cannot sell agagin or even get builing insurance for ....
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    Get some insurance quotes perhaps for it and see how much it'll cost.
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