Homebuyers survey and stress levels!

RM_2013

EndlessStruggle said:

I was a FTB and my survey by a one man band surveyor was pretty colourful.

Lots of orange and red.

All very resolvable when considered and didn't put me off.

Some things weren't as bad as he made out after being looked at by the relevant tradesmen.

Cost 1/3 of what they estimated to resolve.

Thanks for feedback.  Hopefully will know more  after survey on Tuesday 

newsgroupmonkey_

RM_2013 said:

we have sold STC at just below asking price to FTB and they’ve asked for mortgage valuation and a homebuyers survey - being done through Connells.  Slightly concerned about the horrendous online reviews.

RICS is RICS. All surveyors have to adhere to the rules. Many surveyors won't even work directly for Connells either - they'll work for independents.

Surveyors get a bad rap in here - as an example, someone on this forum expected in a Level 2 Survey for the surveyor to take a shower and check that it worked properly. In addition, it's a bit like a review on traffic wardens - because they often say things that people don't like, they get hammered for it.

I've just had a look at the reviews and they exactly say what I expected.

RANT RANT RANT THEY UNDERVALUED MY HOUSE RANT RANT RANT THEY WORK FOR THE BANKS RANT RANT RANT.

Whereas the people that actually paid for a service "Surveyor turned up on time, gave us a professional service, pointed out some issues. Great job"

Duh.

RM_2013

newsgroupmonkey_ said:

RM_2013 said:

we have sold STC at just below asking price to FTB and they’ve asked for mortgage valuation and a homebuyers survey - being done through Connells.  Slightly concerned about the horrendous online reviews.

RICS is RICS. All surveyors have to adhere to the rules. Many surveyors won't even work directly for Connells either - they'll work for independents.

Surveyors get a bad rap in here - as an example, someone on this forum expected in a Level 2 Survey for the surveyor to take a shower and check that it worked properly. In addition, it's a bit like a review on traffic wardens - because they often say things that people don't like, they get hammered for it.

I've just had a look at the reviews and they exactly say what I expected.

RANT RANT RANT THEY UNDERVALUED MY HOUSE RANT RANT RANT THEY WORK FOR THE BANKS RANT RANT RANT.

Whereas the people that actually paid for a service "Surveyor turned up on time, gave us a professional service, pointed out some issues. Great job"

Duh.

As a seller obviously I am concerned about them undervaluing my house and this is something I’m worried about so yes you could say the reviews made me worried. However to also read that a surveyor was rude or got things factually incorrect on a report (such as age or style of property) is also concerning.
we’ve not misled our buyers in any way but I’m also not an expert in property so have no way of knowing whether they will point things out that we were unaware of which scares off our buyers.

SuzeQStan

OP - try not to worry it’s a sellers market and there are more buyers than houses out there! We paid for a hefty survey when we bought our present home - but unless it said the place was dangling over precipice of an auld mine shaft into the pits of h@ll, we would have still proceeded cos it was our dream location. In the end our seller replaced a broken sink & hooked up the bathroom vent to ventilation which he kindly did without fuss - but to be honest we would have moved forward with the move regardless even if he had refused. 

RM_2013

SuzeQStan said:

OP - try not to worry it’s a sellers market and there are more buyers than houses out there! We paid for a hefty survey when we bought our present home - but unless it said the place was dangling over precipice of an auld mine shaft into the pits of h@ll, we would have still proceeded cos it was our dream location. In the end our seller replaced a broken sink & hooked up the bathroom vent to ventilation which he kindly did without fuss - but to be honest we would have moved forward with the move regardless even if he had refused. 

Thanks for your reply.  Glad to hear that your purchase turned out well 

trakky14

RM_2013 said:

newsgroupmonkey_ said:

RM_2013 said:

we have sold STC at just below asking price to FTB and they’ve asked for mortgage valuation and a homebuyers survey - being done through Connells.  Slightly concerned about the horrendous online reviews.

RICS is RICS. All surveyors have to adhere to the rules. Many surveyors won't even work directly for Connells either - they'll work for independents.

Surveyors get a bad rap in here - as an example, someone on this forum expected in a Level 2 Survey for the surveyor to take a shower and check that it worked properly. In addition, it's a bit like a review on traffic wardens - because they often say things that people don't like, they get hammered for it.

I've just had a look at the reviews and they exactly say what I expected.

RANT RANT RANT THEY UNDERVALUED MY HOUSE RANT RANT RANT THEY WORK FOR THE BANKS RANT RANT RANT.

Whereas the people that actually paid for a service "Surveyor turned up on time, gave us a professional service, pointed out some issues. Great job"

Duh.

As a seller obviously I am concerned about them undervaluing my house and this is something I’m worried about so yes you could say the reviews made me worried. However to also read that a surveyor was rude or got things factually incorrect on a report (such as age or style of property) is also concerning.
we’ve not misled our buyers in any way but I’m also not an expert in property so have no way of knowing whether they will point things out that we were unaware of which scares off our buyers.

But most level 2 surveyors don't do an actual valuation...unless they've paid extra for that? The valuation is done by the lender/mortgage company and can vary depending if its a in person visit or a desktop valuation