Ok slight exaggeration ..however our structural survey (full level 3 survey ) has just come back on a 1930s bungalow we are buying .
first context we are cash buyers as using my inheritance and it’s no chain due to the owner being elderly and passing away , its being sold by his brother . House hasn’t been touched for years bar windows , doors and boiler and we knew we were looking at new kitchen , bathroom wiring .
When we went to view for the second time , the vendor had replaced the bathroom flooring and living room bedroom and hall carpets , the estate agent said there had been a leak but no further info .
so survey comes back , external walls are damp , lots of mould and damp caused by condensation station ,floor joists are possibly rotten guttering needs replacing , there is an issue with the under felt in the roof ….. and .. the water pipe from house to stop cock has a large leak .. surveyor suspects it’s the cause of a big house leak as the water is turned off . House has been empty for a year. He’s advised a specialist damp survey which we’ll get but DH thinks the house is going to be a box of problems and wants to walk away .. the sake is going through quickly too as no chain/cash buyers and we had to wait a month for the survey .
Would you get the damp survey then renegotiate?I suspect they’ll refuse a lower price as they’d refused a lower offer before ours . It had previously sold before us but the buyers couldn’t get a mortgage .