Lender asking for second survey!

[MrsHf]

About a year into trying to sell/buy and it’s just been one thing after another (buyers pulling out, sales falling through etc.) we are right at the end of the process now and our mortgage company had a survey last week on the house we are buying (new build) but just found out from the new build company that the mortgage company have asked a different surveyor to go out again on Friday. Has anyone had any experience with this happening and know why the mortgage company would want two surveys? We’ve already had two surveys of this house over the last year (different mortgage company) due to mortgage offer expiring, and they have been fine and never shown any problems. I’m so anxious that another thing will go wrong now and we won’t be approved for a mortgage!

I understand with a new build a second survey is sometimes done on completion of the house. Was kitchen or bathroom it finished at the first survey as both have to be in place?

The first survey was only done last week, house has been finished since January so not really sure what’s happening and mortgage company are useless at keeping in touch. I know they’re using a different company this week to last for the survey though which is strange!

I cant say for certain but one survey would be a valuation report (ie will Bank get their money back) and since its a new build the other will be for quality. Two different types of surveyors.

My mums new build was flagged for poor build (in the roof area) which the builders had to rectify first. A valuation survey wouldn't have picked that up.

I agree with Pixiedust1234. I have seen two types of surveys, one is just to check that the house is as described (number of bedrooms and bathrooms, size of garden, and type of construction) the second is for the quality of construction. The first would be to make sure the house is being valued correctly for the type of house it is and the local area, the second to make sure it isn't going to fall down and you walk away from it leaving the lender with a pile of crap to foreclose on.

Thank you so much @Pixiedust1234 @DemonicCaveMaggot you’ve calmed my anxiety massively. Just been waiting for something else to go wrong with this sale/purchase I’m getting paranoid!

I sympathize. We moved house two years ago and it is nerve wracking.