You are reading a single comment by @AirTime and its replies.
Click here to read the full conversation.
-
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
AirTime
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.