subsidence - mortgage co vs. surveyor

Lord_Baltimore

Tancred wrote: »

Most countries don't even use surveys as part of the house buying process. Unfortunately Britain is a country where everyone likes to cover their rear ends and blame others for problems. If you look at Venice, for example, the whole bl**dy city is suffering from severe subsidence, yet houses there still sell for millions. Most of these slight subsidence reports are complete and utter BS, designed to line the pockets of surveyors.

The houses in Venice that sell for millions sell to millionnaires i.e. not people who are placing their hard-earned pennies into the biggest purchase of their life.

That said, I agree that survey reports can be misleadingly over the top to cover the surveyor's backside. But, to quote Dirty Harry, Do you feel lucky punk?"

There's plenty of choice with less risk imho.