You are reading a single comment by @CYOA and its replies.
Click here to read the full conversation.
-
I’m in this exact situation as a buyer.
Bank’s valuation survey picked up movement and requested a survey to clarify the extent of it. We had a full fat survey done which said there was nothing to worry about but the bank won’t accept it, still waiting to find out exactly why.
The vendor had no issue when she bought the place and neither did the owners of the other 3 flats in the same building.
Pretty frustrating really, there’s no consistency at all. If your BiL can find another buyer with a different lender the problem may not be a problem any more.
bt
@CYOA
BiL trying to sell his house and has been told the buyer's lender won't approve without full fat survey after 30 min free survey from lender found 'movement' in the back wall.
60s build - 2 up 1 down, he's trying to sell for 300kish. Assuming full fat survey comes back agreeing is there a ballpark of damage? He's 'bricking' it and has no idea - survey didn't allude to costs.