Hi I am a first time buyer and Found a lovely house for me and my partner to start the next phase of our life. We had been looking for three months and finally after two failed bidding wars on other houses we were finally accepted on a two bed house. Everything was going well until we received an email that states '' The valuer has provided a £0 current valuation figure and left the following comments;
Evidence of movement to the property was noted in the form of distortion to/around openings. A structural report should be produced from an appropriately qualified Engineer/Surveyor on behalf of the purchaser.''
This is from the lending doing the house survey for valuation. We really do like the house and do not even want to entertain the idea of looking for properties again.
Please advise on what should we do next. Any advise will be much appretaiate.
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source https://www.reddit.com/r/RealEstate/comments/tqwbgg/0_home_valuation_by_lender/
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