Advice needed (House sale/Survey)

GregAllum

Evening all,

I am hoping you can help me in regards to my house sale.
I am selling my house with no-chain, accepted an offer 4 nearly 5 weeks ago, took house off market, have obtained all buyer's solicitors details and instructed my solicitor to progress asap (due to impending first child)

Apparently the buyer has paid for survey although have no proof and is with the Natwest. I would expect a survey to have been booked in by now?

Am I being impatient? I have chased every week and the estate agent insists she has paid, she is a serious buyer and is chasing up the lender.

When should I consider putting the house back on the market to hedge my bets? Will that scare away the buyer?

Many thanks

GregAllum

Any chance anyone can advise? Thank you

Bella73

We put an offer in 3 weeks ago and our valuation and survey is being done tomorrow, but probably depends where you are as in location and remember the Easter break will slow everything down. If the buyer wants a particular surveyor they might have to wait until they are available too.

As buyers we would be very cross that you had let us pay out a load of fees and then gone back on your agreement and put the house back on the market as we asked for the house to be taken off the market once our offer was accepted which our vendors have done. If you start playing games you could lose the sale.

I would try your Solicitor/Estate agent again for more info.

G_M

4-5 weeks?

I'd have expected you to have heard about Valuation/survey by now.

Has your solicitor had contact with the buyers solicitor? Draft contract? Enquiries before contract?

Instruct the EA to
a) tell buyer the property is back on the market, but that if he gets things moving you are still happy to sell to him, but that if you find a new buyer you will review your position
b) put property back on market.

[Deleted User]

Hi GregAllum,
First-time buyer, so my knowledge and wisdom is limited, but the time lapse between my offer being accepted and the survey being carried on the property has been about ten days (and that includes all the Easter Bank Holidays). Two days after paying for it, I had the confirmation details and form to sign straight from the company handling the survey.
Would it be beyond the realms of reasonableness for you to ask for some documented proof that the survey has been paid for? Seems odd that the buyer isn't keen to get the ball rolling as well.
Good luck!

Leigh1987

The lender for my mortgage is Nationwide. I had an offer accepted on a house on Saturday March 30th, I paid for the valuation/survey on the same day and it was carried out on Tuesday April 2nd. That seems like a much faster turnaround than most, although I don't know how I've managed it!

GregAllum

My solicitors heard from the buyers solicitors 4 weeks ago when we agreed the sale, they've posted the draft contracts to them, haven't heard since.

The EA keep telling me everything is fine and this is normal, that the buyer is genuine. I asked for proof but they seem to say the only way of getting proof is to see her bank account showing the money being transferred out, which they tell me may scare the client off.

They've stated she has definitely paid for the survey but have no idea how they can be so sure. I'm starting to be concerned, so maybe I should state that I want the property back on the market unless the buyer can prove in no uncertain terms that they have paid the survey.

Seems to be the best option

G_M wrote: »

4-5 weeks?

I'd have expected you to have heard about Valuation/survey by now.

Has your solicitor had contact with the buyers solicitor? Draft contract? Enquiries before contract?

Instruct the EA to
a) tell buyer the property is back on the market, but that if he gets things moving you are still happy to sell to him, but that if you find a new buyer you will review your position
b) put property back on market.

GDVS

For comparison, I had an offer accepted on 22nd March, survey was booked on 25th and carried out yesterday with full mortgage offer made today.

I'd definitely be concerned about not even having it booked in.

Tancred

It's not compulsory to have a survey done - the mortgage lender's valuation is what is necessary for the mortgage to go through. If the house is modern and in apparently good condition the buyer might not want to get a survey done.

UsernameAlreadyExists

I had a survey done 18th March. Now, 4th April, I am informed that the buyers mortgage offer is "imminent", but still isn't here.
For me, that feels like forever.

Old_Git

woolwich /Barclays told me it would take six weeks to organise a survey and they wanted £275 .
I phoned a local surveyor and got it done in two days ,cost £100 .
I don't need a mortgage