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The surveyor has found a problem with the property. What are my options?

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The surveyor has found a problem with the property. What are my options?

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As a buyer, on the basis that you become aware of the issue prior to exchange of contracts, you most probably have three options: to withdraw from the purchase if the problem is substantial; insist that the seller puts the problem right at their expense; seek a price reduction to cover the cost of resolving the problem if you are prepared to take it on. You should seek further reports from specialists and obtain quotations for sorting the problem so that you’re fully aware of the likely complications and costs.

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