hi , we are trying to buy a flat, we kind of have exchange date agreed but in the reports from the solicitors it says that there is a high risk of flood and subsidence. is a lease hold flat so the insurance is recovered though the service charge, no problem there . my problem is that the solicitors have said that they need to inform the lender about it . I am supposed to move next week, do you think the lender will not agree or undervalue the property, or is just standard procedure ?
please help