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My buyer's mortgage blocked by drain issues
indielad
Posts: 33 Forumite
My buyer's bank was blocked getting his mortgage, as their homebuyers 2 survey ideitified supposed drain issues due to a collapsed pipe.
I got the water board company (Severn Trent) to perform a full CCTV inspection and there was no collapsed pipe and water was free flowing. They generated a report via email.
Will this satisfy my buyer's bank's surveyor? It was only the potential collapsed pipe they showed concern over?
I got the water board company (Severn Trent) to perform a full CCTV inspection and there was no collapsed pipe and water was free flowing. They generated a report via email.
Will this satisfy my buyer's bank's surveyor? It was only the potential collapsed pipe they showed concern over?
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Comments
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Possibly? We don't know. You also have to satisfy the buyer, not just his lender.1
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I suppose it depends...
What lead them to think there was a collapsed pipe?
Is there another issue? If not, it should be fine.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
No there's no other issue. The yard landscaping is just old. The surveyor inspected the whole property and thought up the worst case and improbable scenario for each issue.In addition, I damaged a floorboard from replastering a wall 3 years ago and now this is considered potential 'dry rot' while there is absolutely no evidence of fungus above or below the floorboards sighACG said:I suppose it depends...
What lead them to think there was a collapsed pipe?
Is there another issue? If not, it should be fine.0 -
indielad said:
No there's no other issue.ACG said:I suppose it depends...
What lead them to think there was a collapsed pipe?
Is there another issue? If not, it should be fine.
That sounds like another issue? What's the relevance of the dry rot if it's not?indielad said:
now this is considered potential 'dry rot' while there is absolutely no evidence of fungus above or below the floorboards sighACG said:I suppose it depends...
What lead them to think there was a collapsed pipe?
Is there another issue? If not, it should be fine.Remember the saying: if it looks too good to be true it almost certainly is.0
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