Hi All - I hope you're well. I've been looking through the threads for an answer to my question but can't seem to find it so thought I'd gauge your opinions.
I've had an offer an accepted on a house on Monday, managed to get it £10K less than asking (£295k). The property does need a significant cosmetic upgrade inc new kitchen, bathroom and a complete new heating system as there's no gas in the property - also looking to take the wall down between the kitchen & dining room and add patio doors.
My purchase is cash.... no mortgage required, no chain and quick completion. Vendor can work with this because they're selling on behalf of a family member who has passed away so it can all be done in approx 6 weeks. I initially decided not to get a survey done and this was noted on the sale of memo which was sent across to my solictor yesterday. My solicitor has seen this this & highly recommends I get a level 2 survey done with valuation in case there are other issues such as damp, asbestos, roof etc
What do you guys think and as a vendor if you accepted an offer & the buyer said no survey but then a couple of days later said they'd want to get one based on legal advice, what would your views be? I wanted to keep costs down but £0.5k survey against a purchase of £295k is next to nothing in the grand scheme of things and now it's playing on my mind.
Appreciate any feedback/views.