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Damp & Timber report requested for Mortgage

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  • If the seller is amenable to you doing the repairs between exchange and completion that's helpful as it gives you a way to be able to satisfy the mortgage conditions, and both parties are committed to the sale at that point. You'll probably need to draw up a legal agreement with both solicitors. There's more information here: https://www.bowfin.co.uk/can-you-do-building-work-between-exchange-and-completion/

    The lender would have to have another survey done to confirm the work had been carried out and to the required standard. Presumably, though, this would be another report on the same area that they've asked for this time.
    This is exactly what we did.  The people we were buying from were generous enough to move out a few days early, the work was done and we were given a report on its completion which was sufficient for our mortgage lenders to release the funds.
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