It can be upsetting if you find the house of your dreams and put in an offer, but then the house survey report finds issues. However, a bad property survey can actually be an opportunity to get a better deal.
Yes, there is nothing legally binding you to the purchase at this point. If the problems found in the survey cause you to you change your mind about buying, you can pull out of the sale.
Before beginning negotiations, you should seek your surveyors’ advice and ask how much they believe it would cost to fix any problems found in the house survey. They can help advise how much you should negotiate off the price.
This can give you a clear place to start negotiations. The next step is to contact the estate agent and present them with the survey results and reasoning for wanting to renegotiate the price.
Typically, it is the buyer that will see the results of the house survey. The seller will not see these unless the buyer chooses to share the results.
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