Damp proofing

ellyp95

Hi,

As part of the agreement to our mortgage, we have been advised to have a contractor to the property to do a report on damp and have all works recommended done. The report had come back and it states it's going to cost around £2000 (this includes a 30 year guarantee afterwards).

My partner is sure that if we have to pay for works doing as part of our mortgage agreement, the amount we have to pay should be taken off what we pay for the house. For example if we were paying £100,000 for the house, but have to pay out £2000 out of our money for the damp proofing, we should only have to pay £98,000 for the property?

I have said I don't think that's how it works, but thought I would ask on here?

Thanks

bildersfriend

Think long and hard about using the services of the Property Care Association to even provide a quote, their Surveyors only have to pass a tick the box exam called CSRT and are more interested in selling you chemicals than actually diagnosing problems. Always use a RICS Surveyor to avoid these problems.

A leading expert can provide more information about the PCA and its inability to diagnose even simple damp situations:

http://www.heritage-house.org/timber-and-damp-surveys.html

AnotherJoe

Your bf is wrong re the £2k.
The only way you'd pay 98k is if you negotiated a 2k drop in price with the vendors.

The other two possibilities are that the mortgage co gives you 2k (or more) less than the amount you were borrowing until you can show you've had the work done (so you need to make up the difference until then) or they reserve the right to come back and check it's been done and force you to pay to have it done under pain of them recalling their mortgage.

Trying_to_be_good

Talk to the vendors and ask them to get the work done - if you get it done, and they then pull out of the deal, you have no comeback, and they have a damp-proofed house to sell to the next buyer.

AnotherJoe

Trying_to_be_good wrote: »

Talk to the vendors and ask them to get the work done - if you get it done, and they then pull out of the deal, you have no comeback, and they have a damp-proofed house to sell to the next buyer.

From what the OP has written they are able to get the work done after purchase.

SG27

Trying_to_be_good wrote: »

Talk to the vendors and ask them to get the work done - if you get it done, and they then pull out of the deal, you have no comeback, and they have a damp-proofed house to sell to the next buyer.

I wouldnt do this. The vendors are likely to bodge it or get it done the cheap. I would always rather get it done myself