Colli Real Estate

My assessment of the property is incorrect?

I bought a semi 3bed 3 years ago and the evaluation report identified Buildings constructed of brick and render. The property is on sale now and have had a lot of interest. In 2wks I accepted an offer by an investor that I wanted a quick sale. When he had his investigation, it appeared that the property is in fact a no-fines concrete building brick Wimpey NOT. My buyer from the sale of its mortgage lender not to foreclose the concrete buildings. I am now having difficulties finding a buyer willing to pay the same amount as my original purchaser. Has anyone had a similar experience or can anyone tell if it is possible to be offset by the surveyors who originally made the assessment report, as if I take the offer of new stakeholders, it would £ 3-5k less than the original sale price and I also ran extra mortgage payments because of the inconvenience of putting the property back on the market.

Firstly, the land surveyor was negligent. If the inspection was on behalf of the lender mortgage, although you've probably paid for the report, the duty of care owed to the lender. The best re-course is for you to place a complaint formally to the survey firm (each company RICS has a complaint procedure). All companies are insured RICS So, if negligence is clearly Clearly they should want to move with ease. Th runoff insurance usually lasts at least 7 years you will be perfectly entitled to claim. If you do not have the joy of taking the complaint to the RICS themselves (Rics.org.uk). You should also ask your company mortgages to continue to study, because they have more weight to gain compensation if your complaint to the company responds to a brick wall. If your mortgage company is successful, the loan must be reduced proportionately. You might consider an independent report anyway to support your complaint – the more weight you can add the start the better. Add the cost of your application, this is a perfect example of why buyers should always Independent Commission Homebuyers Report or Building Survey, rather than relying on the basic information mortgage provides an assessment. Make sure you do when you buy next. I am a surveyor and why the reports are worth not the paper they are written on 'is because there is always recourse if something goes wrong. The assessments and reports are always submitted to the opinion pollsters on that day – but a fundamental fault as yours should not happen. Good luck. PM me tickeverybox.com / forums if you have further questions.

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