What do I do if the buyer’s surveyor finds a problem?
SellingSurveying
If your buyer’s surveyor finds problems with your property, it can be stressful, as surveys are typically undertaken late in the process. However, there are a few key steps you can take to navigate this situation and reach a successful resolution.
Firstly, it’s important to understand the nature of the building survey problems identified by the surveyor. Some issues may be minor and easily fixable, while others may require more extensive work. Your estate agent may be able to provide guidance on the severity of the issues and the best course of action.
Next, you should consider your options for addressing the problems. Depending on the nature of the issues, you may be able to settle on a reduced sale price or agree to make the necessary repairs before completion. Alternatively, you may be able to negotiate with the buyer to split the costs of the work.
If you are unsure of how to proceed, it may be helpful to seek professional advice from a surveyor working on your behalf. They can provide an independent assessment of the situation and offer advice on the severity of the building survey problems and the options for repair.
Ultimately, the key to resolving any problems identified by a buyer’s surveyor is to remain calm, open, and transparent. By working collaboratively with the buyer and their representatives, you will hopefully be able to find a solution that works for everyone and ensure a successful sale.