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Buyers survey on my house
Paul91
Posts: 4 Newbie
Hi all
So today the buyer of my house arranged what I thought would have been a home buyers survey.
The surveyor turned up and was gone within 10 minutes, I assume that was a basic valuation from his lender.
Now is it likely that a home buyers survey will follow? as I’d have thought both would have been done at the same time, as that’s how it was when I purchased this house.
Does that mean he’s likely opted out of a home buyers survey and settled for the basic evaluation?
Thanks for any help.
So today the buyer of my house arranged what I thought would have been a home buyers survey.
The surveyor turned up and was gone within 10 minutes, I assume that was a basic valuation from his lender.
Now is it likely that a home buyers survey will follow? as I’d have thought both would have been done at the same time, as that’s how it was when I purchased this house.
Does that mean he’s likely opted out of a home buyers survey and settled for the basic evaluation?
Thanks for any help.
0
Comments
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Either your purchaser isn't having a survey or they're having it done by someone else (not the lender).0
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I guess could also be the mortgage company sending a surveyor to do an evaluation and the buyer might have arranged their own survey.Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.0
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We are 4 weeks into the process so far so I’d have thought if the buyer was instructing their own survey it would have been done by now. I guess time tells all.
Thanks0 -
Have you asked your EA for an update?0
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