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First time buyer

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paulroberts
paulroberts Posts: 36 Forumite
Part of the Furniture Combo Breaker
edited 18 September 2015 at 3:46AM in Mortgages & endowments
Im in the process of buying my first home a Victorian house the mortgage surveyor has inspected the house and has agreed to the mortgage. My deposited is covering 50% of the value of the property.
On the documents i received from the surveyor he has stated in his general observation section the following,
The property is presented to an adequate standard for mortgage purposes, Despite past works of damp treatment isolated dampness was noted and the applicant would be advised to monitor the situation.
The single storey rear addition containing the bathroom is of single brickwork thickness only.this will be prone to condensation/dampness problems and consideration should be given to upgrading this part of the structure. The risk posed by this substandard from of construction are reflected in the mortgage valuation.
I would like to know what he means by isolated dampness? could this mean is full of damp.

Comments

  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No. It means it's in one spot.

    He would have used widespread if it was all over the place.

    For peace of mind, get an independent timber & damp surveyor to report;-

    http://www.independentdampsurveyors.co.uk/

    Do not get a "free" report from a damp course installer, as surprise, surprise you'll probably find you are told you need a new damp course; rather than the leaky rainwater goods or soil level bridging the damp course you'll find from an independent source you pay for.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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