Insurance query on first time purchase

AndoJPM

Hi

Looking for advice please

I'm a first time buyer looking to make my first purchase soon. I've just had a valuation done on a property i'm interested in and the surveyor mentioned that there were signs of movement on the valuation. I looked into this further and there is no mention of this on the last structural report that the current owners had done 5 years ago. I have just had a full structural survey done myself and this structural engineer can see no signs of movement either.

How will this affect my insurance? I understand that insurance has to be agreed before exchange. Will the insurance company ask to see the valuation or the structural report? Will the insurance company be wary to provide insurance on the back of the incompetent surveyors observations? .

cheers!!:beer::beer::beer:

eddddy

You just answer the questions asked on the application form honestly and to the best of your knowledge.

If you have a report from a structural engineer saying there is no sign of movement/subsidence - I'd say it's very safe to say that "to the best of your knowledge, there are no signs of movement/subsidence"

(Or put another way - a bank's valuer raised a concern for further investigation. You got a specialist in, who investigated further, and concluded that there was no problem.)