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Are environmental searches worth it?

(4 Posts)
lostowl Fri 16-Sep-16 17:21:15

Do people take any notice of it?

I ask because when we bought our house with had a further action required document because there might be contaminated land nearby. We bought the house anyway. We've now got a cash buyer and are worried that he may be bothered by it if he does a search.

What are your thoughts?

lostowl Fri 16-Sep-16 19:05:52

Anyone?

Spickle Sat 17-Sep-16 10:36:00

As he's a cash buyer, he may decide not to get any searches done. Obviously if he were getting a mortgage an Environmental search is compulsory and it would flag it up, recommend further searches, i.e. radon etc.

I can't tell you if he would be bothered by it, but some people would be bothered. There will always be someone who loves your house enough for it to not put them off, but I guess it depends on many factors, i.e. what else is for sale in the area, how competitive the price is etc.

lostowl Sat 17-Sep-16 20:52:02

Yes everything you said i agree with! He may not get any searches but if he does hopefully he'll see past it and look at the profit he'll get letting it. He may not want to sell it until retirement so resale might not be a huge factor to him right now.

Who knows!

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