Survey Results

dazzercx

Hi All,

My wife and I are in the process of purchasing a beautiful 1930's "dream" home. It is in the right area of our town and exactly what we are looking for.

The problem being that the survey (carried out by someone I trust) has brought up the following;

"Clear signs of structural movement to right flank walls and bowed single skin walling to flank of garage - there is a risk of collapse if left un-attended. Drain failure and roof spread stress suspected"

I went round with the surveyor so have seen all this for myself (would never of picked it up without looking for it). This is aside from suspect wall-ties and some modernisation (the original offer reflected these issues)

The vendor has been notified and was un-aware (house is empty, being sold on behalf of elderly mother who lived there for decades). They are getting their own independant survey / structual engineer to inspect and have suggested they are willing to reduce the price of our house in accordance with their findings.

Would this put you off purchasing the property - I would guess at circa £30k worth of work after the fault has been found which, it appears, they would be willing to drop the price by.

We know we want the house otherwise we would of walked the day of the survey but I keep thinking we may make the wrong decision. What would happen if we try and re-sell in a few years time. I guess the work we carry out to remedy the problem will be noticeable or registered somewhere?

All a bit new to this so sorry for the long post but interested to know what other people in the same situation would do.

Thanks

Tyler119

Perhaps get a structural engineer round to the property. A normal surveyor is rarely qualified in that field and so they more often than not have to edge on the side of caution; so there is no comeback really.

Get the engineer in, then a professional that can price for the work and then you will have your figure to negotiate with the seller. You won't know how it will affect a future sale until you have had all this done.

Hope this helps in some little way

dazzercx

Thanks Tyler,

A structural engineer will be attending within a few days.

Fingers crossed it won't be as bad as we first thought but need to make sure we are doing the right thing.

dazzercx

Well... Structural engineer has been and given the house a clean bill of health!!

I have applied for a small mortgage to cover the costs of renovation all AIP. The lender wants a valuation survey. I just hope that they don't come across the same problems and delay the process although the bank have said that they can use my structural engineers report.

With any luck we should exchange in a week or so! :j