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scary world of house buying

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  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    klew356 wrote: »
    is it normal to commission your own, i want to find out about the house not just a basic valuation? thank you for the info!


    Yes very 'normal.'

    Considering the length of this thread, the time elapsed and your assertion that house purchase is "scary," I wonder why you seem not to have read a few basic guides to buying what will probably be your largest investment!
  • klew356
    klew356 Posts: 1,130 Forumite
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    Dave, I have read lots of things but the whole point of me putting the post up was to get advice from real people! Real situations etc. it is a scary process hence why I am asking!!!!!!!!!!
  • Need_a_name
    Need_a_name Posts: 51 Forumite
    Good to see you have made progress on house search


    You may want to look at the waiting to exchange thread


    https://forums.moneysavingexpert.com/discussion/5685963/the-new-waiting-to-exchange-thread



    As this gives you some company along with seeing how things are progressing e.g. timescales
  • klew356
    klew356 Posts: 1,130 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    the valuation report came through yesterday with no key insurance risks and no works needing to be completed. the valuation was also alot higher than what i am paying for the property - 21250 higher to be exact
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 15 May 2019 at 9:35AM
    klew356 wrote: »
    the valuation report came through yesterday with no key insurance risks and no works needing to be completed. the valuation was also alot higher than what i am paying for the property - 21250 higher to be exact
    That's unusual, as normally they just value at the price you're paying, provided they agree their loan to you is covered.


    Anyway, sounds good.


    On the subject of surveys, what other people do is not necessarily what is right for you. I've never had one, but that's not what I'd recommend to you if you've no experienced builders to hand!
  • klew356
    klew356 Posts: 1,130 Forumite
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    i just feel like for my own piece of mind i need it done, i woke up at half four thinking about it lol
  • klew356
    klew356 Posts: 1,130 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Literally as I was leaving the house at lunchtime the post arrived and there was a pack from the mortgage company saying the application has been approved! eek and how quick?! :T
  • klew356
    klew356 Posts: 1,130 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    so on Friday i received a pack with information in, info about the people selling the house etc and documentation from my solicitors stating the local searches should be complete by the 24th of may, she says she still hasn’t received the mortgage offer…. But I have what should I do?
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wait till Tuesday and check with solicitor again? Postal service doesn't deliver on time all the time and it isn't going to hold things up asyour survey hasn't happened yet.
  • klew356
    klew356 Posts: 1,130 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    ok thank you for the info - once i have the survey info back how long do you think it will be before i get an idea of dates? just out of interest?
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