We are buying (well, in the process) an old house that we're aware needs a LOAD of work doing. My Dad is a builder and so we're aware of issues such as serious damp/ chimney stack etc etc.
I'm aware there are three types of survey, roughly as follows:
1- about £100 (or free) basically they just check if they could get their money back should you not pay your mortgage.
2- about £500- traffic light system flagging up areas you may want to have looked at further.
3- about £1000- detailed survey in which they are accountable for anything missed.
I'm confidant that my dad can basically give us the equivilant of survey 2 with his experience. So now, we can't decide if we should go for survey 1 or 3. Part of me thinks just go for survey 1 (and instead pay a famliy friend who works in damp proofing to give us honest assessment of works and same with electrician we know through a friend) and save ourselves the money, but the worrier in me thinks maybe because the house is so old and has so many obvious issues to pay for the more extensive survey to weed out anything we've missed?
Because we're buying a 'do-er up-er', every penny counts, so your thoughts/ experiences would be greatly appreciated.
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Which survey? Opinions/ experience welcomed.
8 replies
Wiggy29 · 05/10/2013 08:17
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