Urgent advice needed please

nomi01

We had an offer accepted on a house, mortgage agreed, process started. We have paid for homebuyers survey and awaiting report.
Just had a phone call to say that another interested party who viewed and offered on the house has now made another offer higher than mine. They are cash buyer.
I am waiting to here what will happen.
However, my question is; what should I do about survey? I know it is non refundable but is that if I change my mind?
Should I ask for it to be put on hold whilst a wait to hear what's happening.
Thanks

questionss

I'd ask them to hold off on the survey for now. Will you increase your offer if you have too?

davidmcn

nomi01 wrote: »

However, my question is; what should I do about survey? I know it is non refundable but is that if I change my mind?

If it's non-refundable then it's non-refundable - they won't care whether or not you end up buying the property. But if they haven't actually carried out the survey then I wouldn't expect them to charge you. So you can probably tell them to hold off.

Then again, a purchaser who has already had their survey carried out and is happy with it may be viewed as a safer bet.

Grenage

I'd hold off on the survey if possible, and check that you can get your money back.

nomi01

Hi. Thanks for the replies.
I spoke with agents and they will hold off survey until we know what's happening.
Not really expecting it to go in my favour though.
I don't intend to raise my offer. I made an asking price offer and I am not in a chain.
I will look elsewhere if needed.

Grenage

Good on you; plus there's no guarantee they won't do the same again.

nomi01

I agree, grenage. It could go on like that indefinitely. I will be disappointed if we don't get the house but I am a believer in 'if it's meant to be'.