What do I do next?
This week’s Telegraph raised an interesting question. The article, ‘I’m selling my home. Do I have to tell buyers about a failed survey?’, discusses the undesirable situation where one potential buyer identifies structural issues with a property. This, of course, leaves the owner with a moral quandary as the house is released back to the market for other potential buyers. But whilst sympathies can be extended, there really are only two options: fix it or own up!
Any non-disclosures of essential property information could leave you in hot legal waters as it is viewed as “unfair trading”. Basically, as the seller you are under the same strict ethic code as anybody selling any other product. And so, if the product is faulty, you will be held responsible.
So, what do you do? Of course, the first step is to get expert advice from a professional. Dawson & Associates can quickly ascertain the severity of your situation and will be happy to discuss your options with you, free of charge. With over 40 years of experience, there isn’t much that we haven’t seen before and problems are often not as bad as they first appear. In fact, we say that “there are no problems, only solutions”.
After a quick chat we can visit your property and we’ll either provide a detailed report of what is required or, if you already have a copy of this from your previously interested buyer, we can put a plan-of-action into motion. Often, with some quick work and clever solutions, that original sale can be salvaged with little delay or inconvenience.
Over our years in the business, we have secured one of the best task forces in the UK. Therefore, not only can we provide the immediate survey requirements but also the construction team to fix or improve the property within budget. We will also be able to advise you if there is potential to make small changes that will increase the value of your home.
We can provide thorough and accurate Building Surveys, Party Wall Awards, Property Design, Construction Management & Legal Services for your property in the UK. Be assured that a team of professionals are providing the best possible results from your UK property investment/ portfolio.
For more information, fill out the contact form or email us directly.