The most expensive purchase of most people’s lives will be their home. Deciding to buy a property is a big step and many people rely on the expertise of a surveyor when deciding whether to buy a property and how much to pay. If a surveyor advises of problems with a property, a buyer may decide not to proceed with the purchase or to negotiate a lower price.
If a surveyor fails to identify a problem with a property, the buyers may find that they own a property they would not have bought had they been properly advised or that they have paid too much for a property.
Some examples of potential claims against surveyors include:
- Failing to advise you of rising or penetrating damp or condensation in a RICS Homebuyers Survey;
- Failing to identify and report dry rot or woodworm;
- Failing to identify and report subsidence or serious structural defects.