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Building Survey, buying without a mortgage
Elze
Posts: 14 Forumite
Hi,
I sold my previous home, and as I am downsizing will be able to buy without a mortgage.
My offer has just been accepted (woohoo!!!) on a semi-detached built in the 1950's.
I would like to get a RICS surveyor to do a structural survey to know what I am getting into, and whether there is are any structural issues that will influence the price/value.
Does anyone know if it will be cheaper as there is no information for the mortgage provider needed?
I was reading on here to definitely go for level 2 (+ electrical + damp timber survey), or level 3 provided they can reach the loft, and can get to the floorboards, and can move furniture.
Is anything else potentially different from when a mortgage provider is involved?
0
Comments
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It is entirely up to you. You can even buy without a survey as no mortgage is involved.
Unless you are buying a very poor quality house, structural survey is rarely necessary.
Happiness is buying an item and then not checking its price after a month to discover it was reduced further.0
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