Last minute house-buying disasters – insufficient funds
Insufficient funds for exchange Your solicitor will not exchange contracts until they are in receipt of funds for the deposit. This is typically five or ten per cent of the purchase price. So you now have to come up with the readies. They will also want proof of the...
Are The Fixtures And Fittings Surveyed?
Disputes about what’s included – a common cause of deals falling through When surveyors inspect a property their main focus is on the stability and safety of the structure, and whether the building functions properly. In a typical survey...
Will my surveyor flag up any occupancy restrictions?
Will your survey alert you to occupancy restrictions? Hidden away in the Deeds (legal title documents) there can be all sorts of nasty restrictions, some of which can dramatically reduce the value of a property. One such example is where residential...
Delays answering preliminary enquiries
Delays in answering preliminary enquiries One of the first jobs for the buyer’s solicitor is to submit a long list of questions to the seller’s solicitor. These are standard questions printed on a form and include availability of mains services;...
Don’t blame the surveyor! Delays with contracts and searches
Problems with contracts and delays with searches Minor disagreements over the precise details in draft contracts have an unfortunate tendency to escalate into full-blown disputes. Draft contracts are normally based on standard templates with standard...Save money by cutting out the banks
By arranging your home survey directly online - rather than via a mortgage lender - you can save the large chunk of the survey fee that the banks normally keep. They may still want to instruct a valuer to carry out their mortgage valuation, but don’t let them try to sell you an expensive Homebuyer or Building Survey from one of the large, target-driven, corporate firms on their 'panel'.
Testimonials
“We would like to put on record how impressed we were by the service we received. Rightsurvey unfailingly followed up our enquiries and concerns, and Nick’s advice on maintaining an older property is proving invaluable.”
Peter Spink, Sheffield