22 May 2025 12:51 PM:
When I bought my property I had a survey done by Mark Paddon (can totally recommend).
Hi survey gave me a lot of reassurance about some aspects of the construction and build quality that I was sceptical about. So rather than being a tyre kicking exercise it helped me gain confidence that I was buying a sound property and that the visual defects were only skin deep and could easily be repaired (which they were). He wrote a very detailed report with lots of photos and explanations. For the most part his predictions turned out to be correct. We did all the repairs he recommended and the problems did not recur.
At the time I was buying I needed a bank loan. Sabadell had their own survey done, which was much more focussed on the value than on construction and techncal questions. They produced a report on fancy glossy paper with lots of nice photos of the property and some text and graphs showing property trends in the area. Basically the result of this exercise was that their valuation turned out to be identical (to the cent) to the bank's initial back of a fag packet esitimate. So it seems to me it was a box ticking exercise and they must have masaged the figures to match. So that gave me personally less confidence but it made the bank happy. Seeing the valuation was higher than the asking price, no more questions were asked.
This message was last edited by amogles on 5/22/2025.
Thread:
General info on buying process
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