Help! Mortgage company requiring additional damp and timber specialist survey

BelleNI

Hi,
I am ready to explode trying to deal with my mortgage company who won't listen to reason. We had our own independent survey done (for peace of mind) which revealed localised minor damp problems which would be easily dealt with by improving ventilation. We then had our valuation survey done with the mortgage company which came back insisting on a specialist damp and timber survey including sub floor. We asked if they would accept or at least look at the findings of our full survey but they said no. We ordered the damp and timber survey but were told that to do sub floor work requires floorboards to be lifted which will damage them and which requires the permission of the owner. We have told the owner and offered to lift and replace the floorboards afterwards and are waiting to hear. I am just concerned that if the owner will not lift the floorboards (for which I would not blame her) we will lose the sale. We have repeatedly tried to reason with the mortgage company but they just parrot the same thing to us that they will not make an offer of a mortgage if we do not carry out the precise instructions of the valuation surveyor who will apparently have to sign off on the new report.
Any help in how to deal with this would be much appreciated because I am afraid we will lose the house having spent thousands of pounds in fees.

kingstreet

You appear to understand the lender's position and the need to comply. Its surveyor wants a more in-depth report, you obtain it, or change lenders.

The lender is not going to ignore its panel surveyor in favour of your chosen firm, so that's not an option.

Thrugelmir

BelleNI wrote: »

Hi,
We had our own independent survey done (for peace of mind) which revealed localised minor damp problems which would be easily dealt with by improving ventilation.

Your survey not the lenders. As the survey was not performed on behalf of the lender then it offers no protection. That's the crux of the matter.