Restaurant Reservation: Periodic Inspection Report

Sunday, 7 October 2012

Periodic Inspection Report

We live in SE London and are selling a 2 bed property, just over 100 years. The survey recommended that the seller has the electrics checked over. She wants us to pay for this- not happy about but they have us by the short and curlies. We've already reduced the offer due to the survey, AND we are paying their stamp duty. The survey has brought up other issues- damp proofing needed at a cost of £400, and a drain problem. Not sure if she wants us to pay for this but as we are also buying a property we have a lot of expenses to consider.I am guessing they are asking for a Periodic Inspection Report? If so, how much does this cost, what does it entail and how long should it take? And, worse case scenario, what kind of cost are we looking at if it needs rewiring? Have lived here two years, and not had any electrical work done so no idea as to the state of it.Forgot to say- have had two quotes so far- £120 and £195. Both came recommended but the person who recommended the £120 guy said he charges £120 for 3 bed properties so was hoping he would come out less.