We have had an offer accepted on a house for 330k. It was on the market for guide price 325k-375k. I believe the vendor is a property developer, desperate to sell as two previous offers had fallen through, one because of being in a chain and their sale falling through, not sure about the other one. It was a housing association probate property, presumably the vendor got it cheaply and has renovated it. It has been vacant for around 9 months. Two bed mid-terrace, little patio garden, bathroom downstairs. All electric and EPC rating E.
When we went to view for a second time after the offer was accepted we noticed (which we obviously didn't see the first time) some damp marks on the walls in the south facing front room, around the skirting and around the window. There is a cupboard in the corner where gas used to be connected to the property, and inside plaster is crumbling away and feels damp to touch. It's a slight yellowing and when you brush gently paint is visible on fingers. Estate agent was obviously completely clueless so we asked him to pass on questions to the vendor about whether there is damp in the property. Surely the vendor would know if they stripped and redecorated all of it? And would they lie?
Concerned and need help as completely naive first time buyers worried about being conned by estate agent and developer trying to push the sale through as quickly as possible. Worried it may be a serious issue that the developer has just plastered and painted over hoping no one would notice before it sold.
How to tell what the nature/cause of the damp is? Could it just be explained by being vacant possession for so long with no ventilation or heating? Any recommendations of specialist surveys and how much this might cost? We are doing a standard level 2 home buyers survey but it's not happened yet. I'm wary of being duped again by "damp specialists" just trying to sell solutions that cost thousands...
We are very keen on the property otherwise, but don't know if this is something that's a deal breaker to people or not? Would it likely make is very hard to sell? We're likely to want to move on in 5ish years time.
Very grateful of any advice/insights!!