Hello all!
We're just in the process of buying our first home and decided for a cash buy. A tiny studio flat, top floor of a 1900s tenement building.
Today we put in an offer for 20% under the asking price and they accepted! To be fair it's been on the market for a while, but we do see some potential.
The home report stated the obvious, a few double-glazed windows need to be replaced, some pointing to be done at the exterior and gas central heating reconnected to the grid (hence our low offer, including gas quote). No such things as damp or mold were visible during our viewings.
We called the local chartered RIC surveyor to enquire about the price for a buyers survey, as that's apparently the way to do it. He said in his honest opinion he wouldn't bother for such a small property, as there's not much to miss and it will likely be exactly the same as the home report.
Also, our solicitor will be checking the factor letters end of this week to see if there are any upcoming repair costs or recent major flaws.
Would we be mad listening to the professionals and just accept that there's apparently only so much you can inspect in 18 square meters?
Any advice would be greatly appreciated :)