We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
TSB Valuation
Options

Jonesy8711
Posts: 6 Forumite
Hi,
We have recently had a valuation back for the house we wish to purchase but I have concerns about a few things. I know I should speak to my solicitor but wondered if I'm worry for no reason.
The property is in an acceptable condition for lending purposes at £124000 which is the offer we had accepted.
Will the 'Matters Affecting Value' and 'Matters for Your coveyancer' affect the sale of the property or are they just pieces of advice?
For example, one of the comments is "internal walls have been removed and remaining sections may be inadequately support. you may need specialist advice"
And in the conveyance section, it says, "the property has been altered and extended and checks should be made to confirm whether all necessary permissions and consents were obtained"
It doesn't say which walls have been removed, from what I can see it could mean the kitchen/diner or it could mean the external workshop but this isnt attached to the house.
Thanks in advance,
Just trying to put my mind at rest,
Lee
We have recently had a valuation back for the house we wish to purchase but I have concerns about a few things. I know I should speak to my solicitor but wondered if I'm worry for no reason.
The property is in an acceptable condition for lending purposes at £124000 which is the offer we had accepted.
Will the 'Matters Affecting Value' and 'Matters for Your coveyancer' affect the sale of the property or are they just pieces of advice?
For example, one of the comments is "internal walls have been removed and remaining sections may be inadequately support. you may need specialist advice"
And in the conveyance section, it says, "the property has been altered and extended and checks should be made to confirm whether all necessary permissions and consents were obtained"
It doesn't say which walls have been removed, from what I can see it could mean the kitchen/diner or it could mean the external workshop but this isnt attached to the house.
Thanks in advance,
Just trying to put my mind at rest,
Lee
0
Comments
-
Jonesy8711 wrote: »Hi,
The property is in an acceptable condition for lending purposes at £124000 which is the offer we had accepted.
so your mortgage will be approved and you are paying the right sort of price (it's not an exact science)
Will the 'Matters Affecting Value' and 'Matters for Your coveyancer' affect the sale of the property or are they just pieces of advice?
Advice/information
For example, one of the comments is "internal walls have been removed and remaining sections may be inadequately support. you may need specialist advice"
You must decide whether to
* ask the seller about this
* ask for Buildings Regulations certification
* instruct a structural engineer to investigate further
* hope the required support is there (how long ago were the walls removed?) and just proceed
And in the conveyance section, it says, "the property has been altered and extended and checks should be made to confirm whether all necessary permissions and consents were obtained"
As above
* how long ago was it altered?
* ask seller about planning permission?
It doesn't say which walls have been removed, from what I can see it could mean the kitchen/diner or it could mean the external workshop but this isnt attached to the house.
ring surveyor and ask him.
Lee0 -
Thanks for your quick reply!
My main concern was that it would affect the mortgage or prevent us from buying the property. We already have funds allocated to replace the asbestos roof on the workshop so didn't want anything to get in the way.
I will speak to the surveyor tomorrow and see what he is talking about. I have looked at the previous sale for the house and everything on the images is the same as it is now (prev sale was over 5 years ago).
If it is the wall in the kitchen, according to a friend, there is an RSJ which should provide enough support.
Thanks again0 -
Jonesy8711 wrote: »If it is the wall in the kitchen, according to a friend, there is an RSJ which should provide enough support.
Does your friend have x-ray vision?"Real knowledge is to know the extent of one's ignorance" - Confucius0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards