We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Survey Done Help Please

Hi everyone,

I have just had the report from the survey which was instructed by the lender.

In section 9 the following statement has been written:

"elements of the property are ageing and likely to require attention" no other information is stated.

After searching the internet, it seems that this is a generic statement? Should I be concerned or do valuers put this in there to cover their backsides?

Thanks

Comments

  • smcqis
    smcqis Posts: 862 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Total butt covering as its so generic
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You've viewed the property. Perhaps you should view a second time a little more closely.
  • Smodlet
    Smodlet Posts: 6,976 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi, if it is a survey instructed by the lender it is a valuation, rather than a survey. The only purpose of a valuation is to verify the property is standing and not about to fall down in the next few years. It will not begin to tell you what work is required, let alone how urgent it is.

    If you are serious about buying this property I strongly recommend you get your own survey done, probably a Homebuyer's report unless there are obvious structural issues. Failing that, at least take a builder with you to see it before you commit yourself. Or take the risk, it is up to you. HTH.
  • Thanks for the advice, I think I will get a homebuyers report done.
  • amnblog
    amnblog Posts: 12,782 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You could say the same about me.

    Standard text.

    You should, however, not buy without a Homebuyers Report.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • kingstreet
    kingstreet Posts: 39,436 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    In section 9...
    Does Section 9 have a heading, such as "general remarks" or perhaps "essential repairs?"
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.8K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.4K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 261K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.