Buyers survey

perbinder

I have just had a survey done on a house I wish to purchase. We have an offer accepted but there are many structural issues that the survey has picked up. The vendor has agreed to get the roof and other contractors in to look at the issues. The estate agent keeps asking for the survey report as they don't believe me when I sent them the highlights.

I am unwilling to part with the survey as it was not cheap and have offered to sell it to the vendor at half the price it cost to do the survey.

The estate agent has now got upset with me as it is their policy to see the survey.

I would like views from others as to whether it is unreasonable for me to withhold the survey or not. I believe the survey is part of my renegotiating position for a new much lower offer.

Many thanks

patricia..xx

If I were a seller and someone wanted to renegociate I certainly would want to see the report verifying their reasoning. Have you tried to lower the price yet? I would say that a copy of the survey showing where it states the valuation and any major costs noted should be provided.

As a seller, I would also argue hard that if it was work that could be seen to be needed doing on viewing - e.g. clearly needing a new roof, then it was priced accordingly.

I am a buyer at the moment but trying to give you the point of view of the other side

ConfusedofYorkshire

Can't you show it to them but just not give them a copy?

Gordon_Hose

We showed our vendors the issues highlighted by the survey we had done as it is common sense to see in black and white the issues that have been identified before either agreeing to do any work or renegotiating.

I can't see any reason to show the Estate Agent though.

dominoman

Why wouldn't you show the estate agent?

If you are negotiating then share it as widely as you wish. No-one else will use it. They have no incentive to.

Gordon_Hose

What possible reason is there to show an EA the contents of a survey?

cattie

If you want to renegotiate the price or have vendor sort the work out, then you need to be prepared to show them the survey. It isn't a top secret document, it's something you pay for to satisfy yourself that the property doesn't have too many problems & if it does, then the survey is the tool to help you do some renegotiating.

As a seller I'd not want to play ball with any buyer who wasn't willing to give me & ea a sight of the survey. It's usual to ask the ea to copy the survey or have it done yourself, you don't just hand the original over & leave yourself without the document you've paid for if that's what you're afraid of.

I'm afraid I'd laugh long & loud at any buyer who tried to flog me their survey for even £1, let alone half price. What possible reason could I have for wanting to buy it?

Ivana_Tinkle

Gordon_Hose wrote: »

What possible reason is there to show an EA the contents of a survey?

To prove that the surveyor has found problems with the house. Would you expect them to just take your word for it?

perbinder

I have given the EA the highlights. I really don't understand how giving them the survey helps. If they get good contractors then they should be able to see the issues, such as holes in the chimneys in the attic and dampness in the walls. I can only suspect the EA want the survey for their files in case this sale falls through.

cattie

perbinder wrote: »

I can only suspect the EA want the survey for their files in case this sale falls through.

Absolute rubbish! What on earth would an ea gain by that? Surveys can only used in a legal sense for the person who commissioned them, so an ea couldn't pass it on to any other buyer. No other buyer could use a survey compiled for you to try to renegotiate the price of the house.

Plus what kind of crazy ea would want to try to entice another buyer with a survey that is showing up problems with the property? :rotfl:

Only a pretty perfect survey is going to entice anyone to think the house is a good buy & with a perfect survey, there is absolutely no need for a buyer to be showing it to the ea or vendor anyway as there is nothing to renegotiate about.

I think you must naturally be a very suspicious & untrusting person for your mind to be taking the tracks it is regarding this survey & looking for ulterior motives when there are absolutely none.

perbinder

cattie wrote: »

Absolute rubbish! What on earth would an ea gain by that? Surveys can only used in a legal sense for the person who commissioned them, so an ea couldn't pass it on to any other buyer. No other buyer could use a survey compiled for you to try to renegotiate the price of the house.

Plus what kind of crazy ea would want to try to entice another buyer with a survey that is showing up problems with the property? :rotfl:

Only a pretty perfect survey is going to entice anyone to think the house is a good buy & with a perfect survey, there is absolutely no need for a buyer to be showing it to the ea or vendor anyway as there is nothing to renegotiate about.

I think you must naturally be a very suspicious & untrusting person for your mind to be taking the tracks it is regarding this survey & looking for ulterior motives when there are absolutely none.

Wow how rude.

Did not realise you were a psychiatrist.