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do we survey or not?

we have seen a house that id lovely and it had a survey done on it in october. it showed up no problems but the sale fell through.


do we pay for our own survey or not.


we are cash buyers.


from lisa

Comments

  • covbaldy
    covbaldy Posts: 124 Forumite
    Can you ask the estate agent to get you a copy of the survey?
    Then you can give it a good check over.

    How old is the house?
  • marybishop
    marybishop Posts: 761 Forumite
    How do you know the survey didn't show up any problems - is that what the EA told you? Also depends on what type of survey was done. Don't forget the mortgage valuation is not a survey.
  • cattie
    cattie Posts: 8,844 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    A house is one of the biggest purchases you are ever going to make in your life & as such, spending out a few hundred pounds on your own survey to make sure you are not buying a bottomless money pit could be money well spent.

    If a sale has fallen through on a house I'd be more than anxious to have my own survey carried out before commiting myself to a purchase.
    The bigger the bargain, the better I feel.

    I should mention that there's only one of me, don't confuse me with others of the same name.
  • I think it'd be a gamble not to carry out a survey. Even if nothing is wrong, at least you'll have piece of mind that this is the case. In the scheme of things the cost is not that large and you could perhaps negotiate the cost from the asking price (and more if you can) to pay for it.
    :D
  • markusadam
    markusadam Posts: 19 Forumite
    it's a 1930's house.

    the reason the sale fell through was because the buyer lost her buyer.

    we asked the estate agnt and he said that the only thing that came up was regarding the conservatory which has been sorted out and they have the paperwork to say that the work had been done.



    from lisa
  • callmelinda
    callmelinda Posts: 106 Forumite
    markusadam wrote: »
    it's a 1930's house.

    the reason the sale fell through was because the buyer lost her buyer.

    we asked the estate agnt and he said that the only thing that came up was regarding the conservatory which has been sorted out and they have the paperwork to say that the work had been done.



    from lisa

    The Estate Agent acts for the vendor and profits from the house being sold.

    He doesn't act for you and therefore you shouldn't work on the basis he is by trusting him. Regardless of whether he is being honest or not, I would recommend spending a few hundred pounds on having someone work for you in spotting any problems, rather than to trust someone who doesn't have your interests at heart. A few hundred pounds now in making sure you don't waste however many thousands later seems like a sensible thing to do.
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