House buyers save money on survey fees UK

This is a section from the site.

"Another example, with sellers currently doing their best to inflate prices, and estate agents happy to get greater commissions, you may only get a true idea of the value of a property by paying for a survey and valuation. Wouldn't you like to know if a previous recent valuation showed a true figure well below the current asking price?"

Of course sellers want to get the most yet on the other hand buyers want to pay the least. So what's new --- it's market forces. I would of thought contrary to it being in the agents best interests to have too high a price they would be better off if the price was realistic to ensure a sale within a sensible time frame.

What relevance is it to know past valuations. Just look at the TV to see when three valuers go to a property and can have very diverse opinions of the price.

Disclosure of previous surveys is very flawed. I know one example of a bad survey within which the surveyor suggested essential works that would of cost many thousands. The owner got a builder in who disagreed with survey. So owner had their own survey done with NO mention of what before were stated as essential works. The property was put back on the market, new buyers found and they had yet another surveyor who found no essential and expensive works needed.

The one worrying aspect was the first surveyor was making a very strong suggestion that he essential works be carried out a by a specialist company of which he happened to have full details.

My opinion is that most surveyors try to do a professional job but some times it is a matter of opinion. Most valuers do the same but how can anyone put a specific price on any house. It is not worth what the agent or the seller think but only what a buyer may pay. So often a case of too high to test the water.

Len

In message , Len writes

It seems to work really well here though

"Of course. Surveys Online uses only member firms of the Royal Institution of Chartered Surveyors (RICS) to carry out surveys - the same people who carry out traditional surveys. So you get:

• a professional survey, compliant with the RICS regulations and similar to their Homebuyer's Survey * independent, objective information on the condition of the property. Remember, Surveys Online instructs the survey, not the seller

- so independence is assured * a valuation accepted by all major lenders * a guarantee against undisclosed defects discovered after you buy. "

This site is crap