| Comment | Do people actually get structural engineers in to do a survey or just go by the home report? I'd expect a structural report on a tenement block to run to more than a few thousand (and as others said run into access problems) . Home reports are far from detailed and covered by weasel words to protect the surveyor, but if they tick 'suitable as mortgage security' most folks are probably happy. If a seller has multiple possible buyers lined up, any that offer 'subject to structural survey' are probably less favoured. Risk would be that they might find something and sale falls through and property value drops corresponding amount. Chances are that seller would just go with a different offer in the first place for a quicker and guaranteed sale. That's what I did. |
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