I am most eager to find out how professional liability will be assessed. Nobody seems to be sure if the property vendor, the purchaser or the introducing estate agent could be entitled to make a claim for negligence. They could become a legal minefield – despite their so-called simplicity.
Further increases in PI premiums could significantly increase condition survey fees, while compounding the problem of not enough surveyors to do the work. Would-be condition surveyors who are not very experienced might not be aware what they are letting themselves in for!
JA Lyness MRICS, via email.
Steve Sayers, via email.
John S. Bone, via email
Alan Jenkins, via email.
Firstly, it would show that the vendor was serious about selling. Secondly, any problems are likely to be sorted out before the property is put on the market. Thirdly, estate agents could give a realistic valuation based on the actual condition of the property, avoiding the issue of problems coming to light after considerable expenditure by the potential purchaser.
Carole Bonner, via email.
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