Conveyancing - Surveys
Don't rely on the Building Society valuation. The Building Society only inspects the property to see if the valuation is justified before the loan (mortgage) is granted. This is not a full structural survey. Legally the Seller is not bound to give any guarantees as to the condition of the property, the Buyer purchases it as seen. We may recommend a structural survey or a House Buyers Report by a qualified Surveyor. If the surveyor finds work that needs doing, it may be possible to negotiate a lower price with the Seller in order to cover the cost.