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Structural Engineers Report

agreedartist Posts: 1 Newbie

7 May at 3:08PM in House buying, renting & selling

Hello,

I wanted to get an outside opinion. I’m currently buying a flat for a 45% share, and I’ve approached Principality Building Society for the mortgage. I’ve done an Agreement in Principle with them, but two months ago they said that the building was of unknown LPS. The estate agent said to direct them to the EWS1 which would show that the building has a B1 rating and is safe. Regardless, they required a new EWS1 form (something to do with the person who did it previously not being valid anymore I dunno). So we waited two months for it. Five weeks ago, we received it, all good, B1 rating same as before but now they want a structural engineers report which we’re expecting friday.

I’m struggling to see the sense in why they would require it, and even my broker is questioning the necessity of this extra document.

We’ve had other banks make a mortgage offer, but they required a slightly higher deposit which I can’t afford, but they all said the building is up to code.

Does anyone have any experience with something like this, and is it something to worry about?

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Structural Engineers Report

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