Buying a property is a minefield, it is also a costly experience. We rely on professionals in the field to spot any defects with the property we are buying. Surveyors owe a duty of care to spot any defects in the property. There are usually two types of surveys, a basic one and a more thorough structural survey. With a basic survey major structural damage or any evidence of subsidence should be spotted. With a full structural survey the surveyor has a higher duty of care to spot most structural defects with a property.
Failing to carry out a proper inspection of the property
Failing to report on obvious defects e.g. failing to identify dry rot, cracking or subsidence
Producing an inadequate or defective report
Failing to correctly undertake a structural survey
Failing to warn of things that might warrant further investigation
Wrongly valuing property for insurance purposes, creating a shortfall if the property is destroyed
So if you feel you have lost out due to an overvaluation or reasons above it would be in your interest to contact a company specialising in Surveyors Negligence like Redress Law.
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