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Damp & Timber Report Requested as part of Mortgage Application

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Comments

  • MentalMinnie
    MentalMinnie Posts: 814 Forumite
    edited 11 March 2014 at 8:01PM
    Ok, so I've heard that the company doing the report are really good local firm, they actually did the damp proof and timber treatment in the house we're buying, and they also did my mums in the 80's! Small world!
  • SG27
    SG27 Posts: 2,773 Forumite
    Ok, so I've heard that the company doing the report are really good local firm, they actually did the damp proof and timber treatment in the house we're buying, and they also did my mums in the 80's! Small word!

    Looks like they will be doing your damp proofing and timber treatment too!

    On what basis was the damp and timber report suggested?
  • The timber treatment is still in guarantee, they also did a report on the house 10 years ago and there was nothing to report.

    The building society have requested it as the house is over 100 years old.
  • The only thing that bothers me is that if damp is detected, and they refuse to give us the mortgage. I don't think the vendor will negotiate as they are barely making their money back, and the housing market here is moving so fast that they will be able to find another buyer at the same price within days.
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Ok, so I've heard that the company doing the report are really good local firm, they actually did the damp proof and timber treatment in the house we're buying, and they also did my mums in the 80's! Small world!

    The only thing that bothers me is that if damp is detected, and they refuse to give us the mortgage. I don't think the vendor will negotiate as they are barely making their money back, and the housing market here is moving so fast that they will be able to find another buyer at the same price within days.

    imo if they are a company that also provide damp treatments, it is rather likely they will find damp
  • Unfortunately I don't have a choice but to use them, they are the only company approved by the bank within a 30 mile radius.
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