Hello, I was hoping for some advice with regards to the complete retention on our mortgage offer.
The house ( a 1920's mid terrace) we had our offer accepted on received a category 3 for structural movement due to a crack appearing along the bottom of a small extension at the rear of the house. We did have a look at it, we took a builder friend along and they said it looked like the DPC needed doing but it deffinetly did not show signs of subsidence.
So after our offer was accepted and the banks surveyors looked at the home report they placed the retention and have asked for a full structural survey by structural engineer and any reports and guarantees from remedial work to be passed over to the bank.
The problem is how can we have work done on a house that isn't ours and is it wise to continue with a structural survey as I'm not sure a surveyor will give a deffinate answer to what has caused the crack and no one is further forward.
The solicitors have been a real let down and no help whatsoever. We let the sellers know via their solicitor and they have said they would only get estimates for the work that needed doing.
What would you do in these circumstances?
Sorry for the marathon read, I hope it makes sense. I currently have two little ones trying to jump on me.
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100% mortgage retention
6 replies
Jax2218 · 19/04/2016 16:15
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