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A: chances are you will be liable for your proportion of the repair if it's in a communal area. You (your solicitor) may find there is a sinking fund that the repair can be paid from, but the surveyor is unlikely to consider lifting it until the work is complete.
B. Worth a go.
C. Well, yes, if I'm reading it right your surveyor has said you have to get a D&T report done. Dunno anyone in that there London, there is a trade association, the Property Care Association which I guess may be a better place to start than the a Yellow Pages.
D. Yeah, that'll work.
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i was in your position as the lender put a 5k retention on our place. said we had to have the work done (new roof, and damp proofing throughout) within 6 months or we'd be in breach of our mortgage and they'd throw a tonne of bricks at us blah blah. i coughed up the 5k and its been over 6 months and haven't heard a pip squeek out of the mortgage co
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Hefty
AirTime
@*Matt*
Riddle me this:
Survey done.
Mortgage lender has put in place a £5k rentention.
In order to get the mortgage I need get a damp and timber survey done.
Can I...
A.) Get the solicitor to chat to the lender (the damp is in the landlords responsibility in the communal area) and try to lift the retention
B.) renegotiate the sale price
C.) get a survey done? (If so, any recommendations? Reticent to use the Connells approved one, they may will be on a back hander)
D.) cough up the extra 5 large to lift the rention?
Some of these suggestions may seem wet behind the ears but I have to admit I have no fucking idea what I'm doing.