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RICS Level 3 Survey

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Comments

  • kinger101
    kinger101 Posts: 6,692 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 13 November at 11:15PM
    DevilDamo said:
    My daughter is a FTB with her boyfriend and they fell in love with a Victorian property.  They couldn't see anything wrong with it but I encouraged them to have a L3 survey and offered to pay.  Seems the 'extension' had not been built well, single skinned and the whole of the MDF kitchen was mush because of water ingress.  They didn't have a penny to spare for any renovations so had to withdraw.
    The main difference in my situation is that I would not think buying a Victoria property would not come with its issues. This property needs a full refurb which I have accounted for and a budget of around £50k should help go quite a way.
    But is 50K enough?  If you have that much available  for renovations, a few hundred quid more for a better survey seems a wise option.  At the very least, it allows you to prioritize ongoing maintenance.

    And refurbs are mostly cosmetic.  If you think that's all it needs, you might well have missed something.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • youth_leader
    youth_leader Posts: 3,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Good luck, enjoy your renovation, the house will have been very well built but I do hope you have a good salvage yard in the vicinity.  My husband had just died and I had a problem with the heating under the floor in my daughter's bedroom - the plumber broke the floorboard yanking it up.

    I went to our local DIY wood place and he said I wouldn't be able to get that size any more.  Luckily managed to join the broken pieces together with something, not sure what they were called.  Phew!

    .
    £216 saved 24 October 2014
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