scary world of house buying

AdrianC

So you're revising your offer by £450...? Which includes the CU you already knew needed replacing?

Sorry, if I was the vendor, I'd be rolling my eyes and thinking I'd be better off losing you and finding a less penny-pinching, less scared-over-trivia buyer.

klew356

AdrianC wrote: »

So you're revising your offer by £450...? Which includes the CU you already knew needed replacing?

Sorry, if I was the vendor, I'd be rolling my eyes and thinking I'd be better off losing you and finding a less penny-pinching, less scared-over-trivia buyer.

i think you and other have misunderstood me, i was under the impression that it needed rewired, which can cost thousands, they rejected my original offer but now I have had the electrical review I now know that it will only cost me hundreds not thousands as first thought, the offer I put in this morning reflected that and they have this afternoon accepted that offer– maybes if you had read the whole thread you would realise im not a bl0ody penny pincher! :A

klew356

So, if we have cleared that up id like advice as to what happens next, they want my solicitors details which I will sort out at my break and they want proof of my mortgage in principal (my advisor is on holiday until next week) will his assistant be able to sort something out?

AdrianC

klew356 wrote: »

i think you and other have misunderstood me, i was under the impression that it needed rewired, which can cost thousands, they rejected my original offer but now I have had the electrical review I now know that it will only cost me hundreds not thousands as first thought, the offer I put in this morning reflected that and they have this afternoon accepted that offer– maybes if you had read the whole thread you would realise im not a bl0ody penny pincher! :A

Ah, so the offer is revised upwards in light of the good news?

My apologies for the misunderstanding - the thread is rather fragmented by now.

klew356

AdrianC wrote: »

Ah, so the offer is revised upwards in light of the good news?

My apologies for the misunderstanding - the thread is rather fragmented by now.

yes that is correct, i have actually spoken to the solicitor and i know now approx how much the convenyancing will cost and she said it is prob 3-4 weeks for the searches, she is sending me a form out tonight :j

klew356

the EA want a proof of funding so the mortgage advisor is sending that over today

klew356

My people are speaking to their people, the MA is completing the application, not sure what happens next. The solicitor wanted a cheque, who has a cheque book these days lol. Don’t even have banks in this town so they are happy with a transfer thank goodness

klew356

Ok so quick update, the valuation is on Friday, for the mortgage company, at what point do they do the surveyr, id like it to have a surveyr even a home buyers report?

Albala

Usually a lender doesn't do much more, if anything, than a valuation. If you want a HB report or a building survey, you need to be sure before they go out that they are doing the sort of survey you need if you want to use them to do it, or commission your own.
There's a download here about the different types of survey:
https://www.ricsfirms.com/residential/moving-home/surveys/rics-consumer-guide-home-surveys/

klew356

is it normal to commission your own, i want to find out about the house not just a basic valuation? thank you for the info!