Survey Problems

Timbo69

Hello all

We recently put in a offer on a house in the HD4 area. which got accepted at £96.5k, asking price was £105k.

We was over the moon at getting that at the price we did.

How ever a week later we had our survey done and at first they valued the house at £89k in current condition, or £90k if the work was done.
Houses previouse to this in the last 6 months sold for £92-93k average on the same street, but with out the garage.

Now the vendor refused to budge so the deal fell thorugh, but i have since been speaking to him and he is interested in negotiating again.

Two things though, do you think a valuer may valuer a little higher this time with the market going up?
And secondly what do you think to the following statement on the survey
Has the property ever beenaffected by structural movement caused by subsidence, settlement, landslip or heave?
YES

if yes, is this movement considerd to be long standing in nature and rish of further movement taking place acceptable?
YES

Is there any indication that the property has previously been underpinned?
NO

is there a significant Risk of structural movement requiring an arborricultuarlist report?
NO

Is there a significant rish of strucural movement requiring a drains test?
NO

Are there any other factors that create a significant rish of future structural movement?
NO

Thanks
Tim

G_M

This was a basic Valuation survey? At any rate seems very basic.

You need to know more. Either speak to the surveyor, or get a Structural engineer in.

But in essance it says the movement is old (longstanding) rather than recent. And the risk of further movement is slight (acceptable).

Many properties (especially old ones) show signs of having settled or moved at some point, but if, say, a 100 year old property moved a bit 80 years ago, it's no big deal. On the other hand......

Hence more info required than a basic 'yes'/'no' tick box on a form.

bigadaj

You need more information. If you're in Huddersfield then the obvious thing that springs to mind is settlement from historic mining, though it could simply be shallow or poor foundations on an older house.

This isn't necessarily a massive issue as mining will have happened a long tim ago and movements will most. Ettainly have no ceased but this does need determine, they must have got the information from somewhere after all.

Timbo69

so either was i need a structural engineer to be on the safe side and guaranteeing i can get building insurance.