The property we are buying has completion works for an extension but not for 2 other aspects which was a conversion to a chalet and a porch.
I think we paid a fair price for the property compared to what's on offer in the market place in that area.
The seller has offered to pay for indemnity insurance however the surveyor in light of this information wrote an email stating he would recommend 3-5% reduction as there are no Building Regulation Approvals in place and funds may need to be used if retrospective approval is to be sought etc to meet those standards prevalent at the time of conversion in 2007/8. And a few minor things came back on the survey which we have had quotes for and we are happy to bare the cost.
We plan for this to be our home for a long period of time 10/20 years plus but I am wondering if anyone else has come across this or can anyone give any advice on what we should do?