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Property/DIY

(Hopefully) simple survey questions

3 replies

IAmRubyLennox · 29/04/2012 08:59

I used to know about the different levels of survey you could commission on a house you were thinking of buying, but it's been a long time and now I've forgotten. Can anyone run me through it?

Also, especially if I'm looking at a doer-upper, can I say 'I'll offer you £Xk for it subject to the findings of the survey', or is that not the done thing? One house we like is on at £365k, we're prepared to offer £350k but not if the survey then throws up that it needs £40k of work, IYSWIM.

I have to go out so apologies if I don't return to this thread right away.

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LIZS · 29/04/2012 09:25

If you really want to know the extent of work/cost involved you'd need a Full Structural ,with possibly specialist ones for any areas of concern, and that may be in addition to and separate from whatever your lender requires Valuation is the basic one offered, Homebuyer the next one up but won't look beyond the superficial. Most offers are made subject to survey anyway.

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frostyfingers · 29/04/2012 11:30

Just bear in mind when you offer, that the asking price may well already reflect the fact that work needs doing and you might not get as much off as you hope.

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IAmRubyLennox · 30/04/2012 21:57

Thank you for your replies, it's very helpful stuff. Smile

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