Survey On New(ish) Build Property

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Paddy replied

23 September 2011, 18:21
Originally posted by kaiser78 View Post

Er why ? I haven't mentioned my solicitor

I just hate solicitors
Leave a comment:
SueEllen replied

23 September 2011, 17:46
Does the building have a lift?

If so expect the service charges to increase as the building gets older.
Leave a comment:
kaiser78 replied

23 September 2011, 16:06
Originally posted by Paddy View Post

NHBC is not worth the paper it’s printed on.
I would not bother with a full structure survey; I would put questions in writing to the owner.
Your solicitor must be a twat. The most important things are:
Who is the Freeholder? Look into the background.
What is the rent and when is the review or increase?
Is there a Headleasee?
Who is the management company?
Get copies of all maintenance charges for the past three years!
What are the maintenance charges for the next year?

Er why ? I haven't mentioned my solicitor
Leave a comment:
Paddy replied

23 September 2011, 15:23
Originally posted by kaiser78 View Post

So I am in the process of purchasing a new build flat as an investment. The flat is only 3 years old and has 7 year nhbc cover on it. Having never bought a new build before, should I have a full survey undertaken or is the mortgage company valuation survey sufficient ?

TIA

NHBC is not worth the paper it’s printed on.
I would not bother with a full structure survey; I would put questions in writing to the owner.
Your solicitor must be a twat. The most important things are:
Who is the Freeholder? Look into the background.
What is the rent and when is the review or increase?
Is there a Headleasee?
Who is the management company?
Get copies of all maintenance charges for the past three years!
What are the maintenance charges for the next year?
Leave a comment:
kaiser78 started a topic Survey On New(ish) Build Property

23 September 2011, 14:41
Survey On New(ish) Build Property

So I am in the process of purchasing a new build flat as an investment. The flat is only 3 years old and has 7 year nhbc cover on it. Having never bought a new build before, should I have a full survey undertaken or is the mortgage company valuation survey sufficient ?

TIA

Last edited by kaiser78; 23 September 2011, 14:55.
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