super_si

Getting ****ed around by the bank about this.

How long should the home buyers report be?

got 1 today saying "valuation" and was about a A4 page. Wat should it also contain?

thanks

SI

PaulC72

IIRC that sounds about right if this is the basic survey it is purely a thing that says the house is worth what you are buying it for, if you want any further info you need the next one up from that {the name fails me currently} which gives you a very concise report, and then the structural one is next after that.

B9GLY

I thought the home buyers reports had been stopped, its just surveys as it always was???

as above that sounds like the basic level survey report.

super_si

well home buyers is supposed to be mid level.
Seems too basic!

S

CooperS

Halifax's valuation when I bought my house listed basic things like

Rebuild cost
Any basic faults on house (i.e rotten windows, loose slates etc)

And a valuation of the house, it's so that they know that they are lending you money on something which is worth it to them should they have to repossess.

NotoriousREV

Valuation report will contain the valuation. Homebuyers report will tell you that as they haven't tested anything you should assume it all needs replacing and the structural report will make you wish you hadn't bothered.

HTH

paul-s

i think they do different ones like Homefile 1 and Homefile 2 valuations, as well as desktop valutaions where the surveyors dont even leave the office, and drive-by vals are done too.

depends on the loan-to-value i think, and other factors for which one is needed.