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Why did they not want a survey?
lb364
Posts: 1,187 Forumite
I recently put an offer in on a house that was accepted.
Immediately, I applied for a mortgage, they valued the house and all was fine. However, yesterday I received my mortgage offer and so went about booking a full survey.
The house is pretty old (over 150 years), has structural movement (mentioned in valuation) and we mentioned it several times to the agent that we would be having a survey if/when we got the mortgage offered.
The survey was booked for next week then an hour later the vendors said they were going on holiday and we'd have to wait until the week after. I was a bit concerned by this but thought it must have been a lack of communication.
Tonight, the vendor has phoned us direct, asking why we wanted 'another' survey. We explained we hadn't had a survey, the bank had got a valuation and now we wanted a survey. They asked several times why we were having a survey, mentioning something the agent said, then told us they were not selling to us anymore.
Are we right to think they have something to hide? Or does the fault lie with the agent? Surely they should have explained to them the difference between a valuation and a survey?
Immediately, I applied for a mortgage, they valued the house and all was fine. However, yesterday I received my mortgage offer and so went about booking a full survey.
The house is pretty old (over 150 years), has structural movement (mentioned in valuation) and we mentioned it several times to the agent that we would be having a survey if/when we got the mortgage offered.
The survey was booked for next week then an hour later the vendors said they were going on holiday and we'd have to wait until the week after. I was a bit concerned by this but thought it must have been a lack of communication.
Tonight, the vendor has phoned us direct, asking why we wanted 'another' survey. We explained we hadn't had a survey, the bank had got a valuation and now we wanted a survey. They asked several times why we were having a survey, mentioning something the agent said, then told us they were not selling to us anymore.
Are we right to think they have something to hide? Or does the fault lie with the agent? Surely they should have explained to them the difference between a valuation and a survey?
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Comments
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Any reason why you didn't have the survey done at the same time as the valuation? Perhaps they are just a bit put out at having a second surveyor round.0
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The house is pretty old (over 150 years), has structural movement (mentioned in valuation)
Tonight, the vendor has phoned us direct, They asked several times why we were having a survey, mentioning something the agent said, then told us they were not selling to us anymore.
Are we right to think they have something to hide?
Almost certainly. Bullet successfully dodged, I think.import this0 -
Do you know how long the property has been on the market? I wonder whether they've had previous buyers pull out because of something revealed by the survey, and they hoped you wouldn't find it.
They may well be a bit narked about having a second surveyor coming round, but if they are serious about selling then they're hardly going to withdraw just over that.
Just think what they'd be like when you ask for a sparky to come round to inspect the electrics or the gas safe chappy to look at the boiler ...0 -
Ask the estate agent, it's in his interests to facilitate this sale.Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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jbainbridge wrote: »Any reason why you didn't have the survey done at the same time as the valuation? Perhaps they are just a bit put out at having a second surveyor round.
Yes, as I mentioned the house is quite old and we wanted a specialist in older properties, plus the one we booked was £100 cheaper :money:0 -
Do you know how long the property has been on the market? I wonder whether they've had previous buyers pull out because of something revealed by the survey, and they hoped you wouldn't find it.
Ah, you may have a point there. The house was rented out and on a viewing it was mentioned they were going to buy the property but 'mucked' them about and bought elsewhere...
I think it was on a few months but the price was dropped drastically the day we put our offer in
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Sounds like you've had a narrow escape.I am the Cat who walks alone0
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fluffymuffy wrote: »Sounds like you've had a narrow escape.
I had to laugh at your sig. Castles...made of sand. Three guesses what EA it was with!
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I had to laugh at your sig. Castles...made of sand. Three guesses what EA it was with!
It was Hendrix & Hendrix.....:cool:
http://www.youtube.com/watch?v=lKAVnYaDKe80 -
A lot of people don't tend to understand the valuation/home buying process so they assume that the lender's surveyor will do it all.
A number of people like the OP choose to have a more detailed survey done (homebuyers, full structural etc), sometimes this can be done at the same time as the lenders valuation as it can be cheaper than having 2 done by different surveyors
I suspect that the vendors are worried that the original survey has thrown up something scary and thats why the OP has asked for a second one.
See what the homebuyers/full structural reveals and then this may give you an opportunity to renegotiate on the price0
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