how many surveys before buyer signs contracts?

venna

If you need to complete quickly to move to your new build (did I understand that correctly?) would the company consider part-exchange?

AdrianC

There's a simple explanation - the lender isn't trusting the surveys that the vendor has supplied. And, frankly, nor should they. So they're then commissioning their own - the surveyor will be answerable to them, and there's less chance of shenanigans.

crestdale23

Hoploz wrote: »

I think you need to stop speaking directly to the buyer. Explain to the EA that you'd prefer all communication goes through them or solicitor from now on. And if he phones just stsy calm and say you are finding the whole thing very stressful, the worry is affecting your and your husband's health, so you think it's best the EA deals with any further queries.

it sounds as if he does intend to go through with it, it's just all the hassle you can do without.

Ask your solicitor for a realistic estimation of time scale, then suggest a date accordingly, eg exchange one week from now, with you considering putting the house back on the market if progress has not been made by then. Not an idle threat, but hopefully a bit of a warning to stop messing about (along with him already being told the stress is affecting your health)

We broke off all communications with the buyer approx 6 weeks ago and everything is now being handled through the estate agent. Our Estate Agent is getting fed up with the conflicting reports she is receiving, both from themselves and their solicitors. Today is D day, they are having this last survey today and then we close the door. Regarding our reports which were prepared through specialists, they were happy to take these reports and submitt to their surveyor.

BayTrees

I think that basic surveys fron the mortgage provider often recommend further specialist surveys, for example a damp and timber specialist or an electrical survey, as they are really only there for the mortgage company. It should be up to the buyer to arrange and pay for any additional surveys. With a Victorian property it often seems to be recommended on these forums that buyers have further and more detailed surveys for which they pay. This means whoever conducts the report is responsible to them. It's easy to say, but try not to let it affect you so much. It sounds as though they are following their recommendations.
They certainly shouldn't be phoning you to shout! Make sure the EA knows and, as others here have said, make it very clear all communication must go through the EA.
Oops, updated to see you have done that.
Sorry you are having such a stressful experience and I hope it all works out.

crestdale23

BayTrees wrote: »

I think that basic surveys fron the mortgage provider often recommend further specialist surveys, for example a damp and timber specialist or an electrical survey, as they are really only there for the mortgage company. It should be up to the buyer to arrange and pay for any additional surveys. With a Victorian property it often seems to be recommended on these forums that buyers have further and more detailed surveys for which they pay. This means whoever conducts the report is responsible to them. It's easy to say, but try not to let it affect you so much. It sounds as though they are following their recommendations.


They certainly shouldn't be phoning you to shout! Make sure the EA knows and, as others here have said, make it very clear all communication must go through the EA.
Oops, updated to see you have done that.
Sorry you are having such a stressful experience and I hope it all works out.

I must say that our Estate Agent has been excellent, even offering to stay with us while the surveyor is here, lol, I said it wasn't necessary as I could manage. However, its my birthday today, hopefully eveything will go well and I can move on with my life. Apart from rebuilding this immaculate property, I can't see how we can please these buyers. After today we pull the plug, taking no more hassle from these people.:T All our surveys were done with the recommendations of members of RICS so not DIY specialists

Alter_ego

crestdale23 wrote: »

All our surveys were done with the recommendations of members of RICS so not DIY specialists

Yes but all those surveys are only answerable to YOU.
The buyer and lender have no comeback if the survey proves wrong!!

Davesnave

Alter_ego wrote: »

Yes but all those surveys are only answerable to YOU.
The buyer and lender have no comeback if the survey proves wrong!!

And I'm still not at all clear why they were done anyway.

motherofstudents

Happy birthday ! Enjoy your day and forget all about the house. It's not worth affecting your health. It is one of the most stressful things you can go through but it will be over soon. I can't understand why the buyer hasn't paid for the surveys. I'd tell the agent you are seriously considering taking it off the market if you don't get things resolved.

Hoploz

Happy birthday, try and switch off and relax for a few hours at least.

crestdale23

Survey was done, all was well, buyer was happy with results, phoned our Estate Agent and said they were happy to proceed and wanted an early completion.......... horay! We thought we had crossed the final line................ then last THursday, Estate Agent, phoned to say that they had withdrawn from sale. It appears that they had crossed the line with the Building Society and gone beyond their date. We are devastated, we have had to put the house back on the market, we stand to lose our property which we had put a deposit on. These have been the bouyers from Hell. Our lives have been turned upside down, we should have been getting the keys to our property next week.