We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Esurv Valuation Report
Profoundry
Posts: 36 Forumite
Hi All,
Any mortgage advisors, IFA's or survey experts. If so this is a question for you.
Essentially we are trying to buy a 2 bedroom new build house with Halifax. The house hasn't been built yet but Halifax commissioned a valuation survey as part of the mortgage process.
The survey came back with a £19k difference between their value and the asking price. So we went and removed the kitchen island and wooden flooring from the developer spec.
Halifax then came back and said they would only need to do a "retype" not a full survey. So we have been waiting and waiting for the results of the retype. Then we get a call saying that a full re-valuation survey is required. The initial survey report did not mention any internal / cosmetic elements just the number of rooms/bedrooms/toilets etc.
What I would like to know is did the Esurv surveyor take the kitchen island and wooden floors into account when pricing the property? And if they didn't why do we need to pay for another survey when no structural elements (room #s etc) have been changed?
Any mortgage advisors, IFA's or survey experts. If so this is a question for you.
Essentially we are trying to buy a 2 bedroom new build house with Halifax. The house hasn't been built yet but Halifax commissioned a valuation survey as part of the mortgage process.
The survey came back with a £19k difference between their value and the asking price. So we went and removed the kitchen island and wooden flooring from the developer spec.
Halifax then came back and said they would only need to do a "retype" not a full survey. So we have been waiting and waiting for the results of the retype. Then we get a call saying that a full re-valuation survey is required. The initial survey report did not mention any internal / cosmetic elements just the number of rooms/bedrooms/toilets etc.
What I would like to know is did the Esurv surveyor take the kitchen island and wooden floors into account when pricing the property? And if they didn't why do we need to pay for another survey when no structural elements (room #s etc) have been changed?
0
Comments
-
Seems to me you are being overcharged by the builders.....
And did you expect removing a couple of kitchen features would really knock £19K off the builder's sale price and bring it down to the Valuation level?0 -
Seems to me you are being overcharged by the builders.....
And did you expect removing a couple of kitchen features would really knock £19K off the builder's sale price and bring it down to the Valuation level?
When a kitchen island is costing £8k and flooring £11k, yes I did think removing them would bring it down considerably.0 -
:eek::eek::eek:Profoundry wrote: »When a kitchen island is costing £8k and flooring £11k, yes I did think removing them would bring it down considerably.
Yes - you are definately being overcharged by the builders! This does not sound like an island, more like a small continent.0 -
Must be a massive kitchen for a two bedroom house!0
-
I know these costs are completely extortionate. What I am trying to find out is details of what was considered during the survey. And yes I have already contacted Esurv and asked.0
-
Hmmm. Let me see. If I close my eyes very tightly I should be able to see into the survetor's mind............0
-
Hmmm. Let me see. If I close my eyes very tightly I should be able to see into the survetor's mind............
Ha ha. Sarcasm aside. The logic being that there will be standard procedures valuation surveyors have to follow (usually set out by RICS) so someone may know them and be able to answer my query.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards