Hi all,
We are in the process of buying a semi detached Victorian house. We got the results of the Building/Structural survey. It doesn't look too bad considering the age of the property. The main issues flagged up are:
Damp discovered in two of the ground floor rooms - this needs to be treated by injecting chemicals to the affected areas to remedy it and to re-plaster etc.
Electrics - very old and likely needing to rewire part/the whole house - although not sure how immediate. Also not sure how safe it is at the moment but the surveyor wrote that it's functioning.
Boiler/heating system - Boiler is old and nearing the end of its life cycle. Also it's only a combi which is inadequate for the size of the house, Surveyor wasn't sure if the heating works properly. He surveyor recommends to change the boiler and instal Mega flow system.
There are other areas flagged up in the report but my understanding is that the 3 above are the most immediate. The Surveyor recommended that we get in tradespeople to give us quotes on the work prior to exchange. Out of the 3, he said that the Damp situation needs to be checked most urgently before moving forward.
I am a bit worried to ask the EA to ask the vendor to allow 3 tradespeople in for quotes. The vendor is old and in poor health and we negotiated hard and agreed we feel a fair price. However, we don't want to end up in a situation after exchange where we face major costs.
If I am honest, we have expected the issues with the electrics and boiler from the viewings. The damp issue is the one we didn't foresee for obvious reasons.
How common is it for buyers to ask the vendor to let tradespeople in before exchange? I imagine the vendor wouldn't be too keen as it might imply lowering the agreed price. We wouldn't lower the price unless the costs are substantial/far more than estimated. I am not sure how much fixing the damp issue will cost. Should we just focus on the damp issue as that's the one we were totally unaware of and might costs a lot or should we try to get in all 3? What would you do?
Many thanks for reading.