Confused first time buyer, please help!

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We put an offer on a house, had it accepted, paid for survey which was done on the 5th. Today I got the letter confirming our mortgage had been agreed and at the back was a page of valuation details and what I assume is the survey but is only a page long? It doesn't say anything except suspected asbestos, no details of anything else.

Have I just paid £250 to the bank for nothing?! What do I do now? Who do I contact to find out if this is it, the financial advisor as they were the ones dealing with the bank or my solicitor? Will they even know what I'm talking about?! Please help.

There are surveys and there are surveys. Is the one you paid for the valuation survey, which is done for the benefit of your lender. If you want a report that tells you whether the building is sound then that's a different sort of survey - a home-buyer's or structural (depending on how much you want them to investigate).

At only £250, I think that it sounds like a valuation survey.

Ah OK thank you..

That sounds like a RICS Condition Report - only really suitable for a new build property to be honest. A proper survey will cost £400 to £500 and is suitable for most properties. A full structural / building survey will be more expensive again but useful for older homes that might need repairs. I'd be very concerned about the presence of asbestos unless in outbuildings that you are unlikely to touch as any maintenance near asbestos will need specialist advice and removal will cost a significant amount.

It was all going so well I'll have a Google for a full survey etc. Thanks for your advice

It might not be the end of the world. We have an old garage (1930s) at the end of garden that is asbestos cement panels. Didn't put us off buying as we knew we weren't going to touch it any time soon, but we did get a quote for removing it (which we're finally about to do, 3 years later) and took it into account in our offer.
If you're keen to go ahead, a more detailed survey definitely recommended to understand the extent of it.

You could contact the company that did your mortgage company's valuation (just ask them) and ask them to do a full(er) survey. They may give you a reduced price.

Oh right, will try that tomorrow! Thanks