survey as a cash buyer

tiger135

in the past ive bought property with a mortgage and the lender requires a survey to check they are lending on a decent property. 
as a cash buyer how do you go about doing a survey? is it totally up to the buyer, can they buy without one? 

propertyrental

https://forums.moneysavingexpert.com/discussion/6512478/survey-as-a-cash-buyer#latest

up to buyer.

And no - mortgage lenders don't (usually) require a survey - just a Valuation

Grizebeck

As a cash buyer my survey got over 40k off the asking price

tiger135

how did you manage that??

Grizebeck

tiger135 said:

how did you manage that??

By using the results to negotiate on the price..

Smalltownhypocrite

We are cash buyers and have our survey later this week, you don't 'have' to have one but it is recommended.

the £500 its costing us could save us thousands potentially so worth it rather than getting an 'unexpected' surprise later.

AlexMac

I have a sense of "deja vue"?  Or am I seeing double..?
https://forums.moneysavingexpert.com/discussion/6512477/survey-as-a-cash-buyer#latest

Anyway, as I said in my long rambling post, #5 on that duplicate thread started by Tiger's alter ego, I've never bothered with a survey (not even what used to be called a "Homebuyers", which is pretty useless) on any of my 9 purchases over the past 50 years.  And I always got away with it (or maybe just got lucky).

In fact I forgot the tenth purchase; a tiny flat in a palazzo in an ancient Puglian town centre; cost less than a secondhand car; flogged at no profit after 5 years but it was fun. And as that was almost 300 years old with solid stone arched ceilings a solid stone roof that hadn't moved in 300 years, un'indagine seemed pointless! 

youth_leader

ha ha I thought that too @AlexMac - but I thought I'd also seen it on Mumsnet.

Albermarle

AlexMac said:

I have a sense of "deja vue"?  Or am I seeing double..?
https://forums.moneysavingexpert.com/discussion/6512477/survey-as-a-cash-buyer#latest

Anyway, as I said in my long rambling post, #5 on that duplicate thread started by Tiger's alter ego, I've never bothered with a survey (not even what used to be called a "Homebuyers", which is pretty useless) on any of my 9 purchases over the past 50 years.  And I always got away with it (or maybe just got lucky).

In fact I forgot the tenth purchase; a tiny flat in a palazzo in an ancient Puglian town centre; cost less than a secondhand car; flogged at no profit after 5 years but it was fun. And as that was almost 300 years old with solid stone arched ceilings a solid stone roof that hadn't moved in 300 years, un'indagine seemed pointless! 

Many threads have been replicated, due to the IT problems the forums had been having up until yesterday.

tiger135

I am finding the solicitor rather irritating, I have asked a couple of simple questions in reply to their emails yet after 2 full days they dont reply. It is them holding things up asking for trail of money statements, then now appearing to not need them all and wanting a p60 instead. What are they playing at, its putting me off to be honest.