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Just had one done and there are a few issues that need clearing up. Seller is a bit shocked, and so are we if we’re honest as it’s a well presented house. They probably thing we are trying it on.
All amicable so far, but would you let them see the report?
I do know surveyors do err on the cautious side!
Probably not the whole report but just sections/paragraphs regarding the raised issues
Yeah if I was the seller I'd be asking for evidence.
We had a survey done when buying our house in order to get the mortgage. Guy who wrote it said that all the electrics needed replacing as it had an old bacalite fuse board.
It did indeed have an old bacalite fuse board, with a nice new consumer unit right above it with fresh new cables 🤣.
So in my instance a complete waste of space.
Why not? There’s no confidential information in it and it could help with your negotiations.
We had a survey done when buying our house in order to get the mortgage. Guy who wrote it said that all the electrics needed replacing as it had an old bacalite fuse board.
It did indeed have an old bacalite fuse board, with a nice new consumer unit right above it with fresh new cables 🤣.
Our house had 'rising damp' but only in one place, right next to a leaking shower tray....
Bought it anyway....
So in my instance a complete waste of space.
+1
Dunno - it’s 25 years since we last moved and we just looked at a house back then and said it’ll do or got a builder in to have a shufty! 🤣🤣
The relevant parts.
Not the whole thing. It cost you money and is a negotiation tool.
If you are trying to negotiate down with it, it seems reasonable for them to be able to see it,
It cost you money and is a negotiation tool.
How exactly is it a negotiation tool? Are you planning to try to get some cash off, then keep trickling back with new items?
If someone tried that with me I'd pull out of the transaction entirely so that they lost anything they'd spent on searches and solicitors, and sell to someone else.
I'd happily share it with the seller. I'd expect another viewing, we'd go over the report together, and decide what's reasonable to fix and what's the surveyor being a bit neurotic.
"Survey says it's going to fall down next week, we want £50k off" without a copy of the survey would not go down well.
Of course you could (and I would) argue that sellers should have to commission a reasonably detailed inspection of the house from an independent before it goes on the market, like the EPC.
Last edit: out of curiosity, what did the survey pick up that's causing concern?
You might find that the report cannot be shared. I'd check the small print......
I would happily share it. Trust is important
Yes - and get some indicative prices for the remedial work to also share with them.
Of course it's a negotiating tool; if seller says nothing doing the identified items won't just disappear - they'll be there waiting for the next surveyor to pick them up so, at some point, someone will incur the cost of putting them right.
What flaperon said. We’re currently buying a 250 year old barn that was converted 30 years ago. We’ll be getting a full structural survey but that’s more for my piece of mind than any sort of bargaining piece. I’d share the info in it, but unless it says the mortar’s crumbling and wiring is dangerous the price previously agreed is the price I foresee paying.
Having previously owned two converted barns the full structural surveys were essential negotiaing tools and, as they were conversions, this was fully expected by the vendors.
As a seller I was happy to share the report I had done. Mind you it's how it's done in Scotland so....
Buyer was free to do their own. She didn't everyone happy.
See it, sure.
Have a copy of it, sure, for 80% of what I paid for it.
As a seller I was happy to share the report I had done. Mind you it’s how it’s done in Scotland so….
you don't have a choice in the matter do you? You're required to have a home report done as the seller and you must provide it to potential buyers?
Yep means both parties are aware of any issues (usual caveats stand) buyer can commission another if they wish.