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.
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.