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Surveyor Coming Round for Mortgage Valuation - What to be Aware of?

tleefox
Posts: 98 Forumite
Hi all.
We accepted an offer on our house nearly 3 weeks ago & I've just had a call from a company called esurv to say they have been appointed to carry out the mortgage valuation.
Is there anything I should do or be aware of when the surveyor comes round?
I am surprised they actually want to come into the property as I thought surveyors only ever did "drive by" valuations these days, if that!
We accepted an offer on our house nearly 3 weeks ago & I've just had a call from a company called esurv to say they have been appointed to carry out the mortgage valuation.
Is there anything I should do or be aware of when the surveyor comes round?
I am surprised they actually want to come into the property as I thought surveyors only ever did "drive by" valuations these days, if that!
My debts at 11th April 2011:
Virgin Credit Card - [STRIKE]£1,900[/STRIKE] £1,500 (21.1% paid off)
Nationwide Authorised OD - [STRIKE]£2,000 [/STRIKE] £1,500 (25% paid off)
Student Loan - exact amount TBC but circa £5,000
I'm on the road! :T
Virgin Credit Card - [STRIKE]£1,900[/STRIKE] £1,500 (21.1% paid off)
Nationwide Authorised OD - [STRIKE]£2,000 [/STRIKE] £1,500 (25% paid off)
Student Loan - exact amount TBC but circa £5,000
I'm on the road! :T
0
Comments
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Bear in mind that it's merely a mortgage valuation (for the benefit of the prospective mortgage [lender], albeit paid-for by the prospective mortgagor [you]. Consider also paying for a Homebuyers Report, to be conducted at the same time.0
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Jeffrey - just to clarify we are selling the property, not buying.
The surveyor is being sent round by our buyers lender.My debts at 11th April 2011:
Virgin Credit Card - [STRIKE]£1,900[/STRIKE] £1,500 (21.1% paid off)
Nationwide Authorised OD - [STRIKE]£2,000 [/STRIKE] £1,500 (25% paid off)
Student Loan - exact amount TBC but circa £5,000
I'm on the road! :T0 -
Moral of the post above: read the OP's post properly before typing...0
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Hi It depends on how much your buyers have paid to have the survey done if its the lowest amount the survey will be done very quickly:) when our previous house was surveyed the chap was in and out in approx 10 mins rushed in, up the stairs, out the front done . hope this helps0
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Green bananas have a lower GI rating than yellow bananas.
Off topic, but post 1 was misleading, - however, the gist of my first comment remains true, of course.
Let me know if I can be of more help.0 -
So, anyone care to answer the original question?My debts at 11th April 2011:
Virgin Credit Card - [STRIKE]£1,900[/STRIKE] £1,500 (21.1% paid off)
Nationwide Authorised OD - [STRIKE]£2,000 [/STRIKE] £1,500 (25% paid off)
Student Loan - exact amount TBC but circa £5,000
I'm on the road! :T0 -
You have no requirements except be in at the agreed time and open the door.
When I sold my place - the surveyor did ask a couple of basic quiestions but generally walked around abit.
As said before this is for your buyers mortgage lender.
Have coffee, tea (caff, decaff) and a selection of biscuits ready. Be cordial.
John0 -
The guy will be there for a maximum of 20 minutes if that. He'll be looking at structure / structural condition and size. Not how untidy it is or whether the skirting boards could do with touching up. I wouldn't bother doing anything - if you have enough time before the visit to do something, it probably won't make a difference.0
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Do watch out for these esurv surveyors.........our buyers when we recently sold had a Homebuyers Report carried out by that company and the following happened - he took 3 1/2 hours to look over our (admittedly not small at approx 1600 sq ft) detached period house, yet when our buyers showed us the survey, the surveyor had made all manner of 'schoolboy errors'. For example he found an asbestos water cylinder where in fact there was a virtually brand new, non-asbestos model, spotted a 'woodworm infestation' comprising three holes inside the eaves and noted that a chimney which had recently been re-pointed.........needed re-pointing!!! Yet he failed to spot the slipped glass panel on the conservatory roof, the asbestos ceiling in an attached outbuilding and the area of roof that was in need of attention (despite spending ages photographing it!).
So to sum up, watch out while the surveyor is there as in my experience the service provided by this company is pretty poor and they seem to make it up as they go along :eek:Mortgage-free for fourteen years!
Over £40,000 mis-sold PPI reclaimed0
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