Homebuyers report even though valuation is satisfactory?

We are looking to purchase a house that is approximately 40 years old.

Our mortgage company has already done a survey and the valuation has come out satisfactory and the the mortgage been agreed.

The property has been double glazed at some point in time and a couple of years back the whole central heating system was changed with a combi boiler and new radiators.

On viewing the property myself I have found minor cracks around the door frames and the interior doors look like they have never been changed and dont shut properly.

There is also a horizontal crack in the plaster above one of the windows on the inside but nothing on the outside.

In one of the bedrooms the ceiling has slightly bowed in one corner.

One of the interior wooden window sills is also slightly distorted and doesnt look level

No visible signs of damp anywhere.

Is it worth having a homebuyers report dont and will it highlight any areas for concern?

I'm a chartered surveyor. I've done hundreds of homebuyers and building surveys. Don't confuse a valuation with a survey. Yes they do take a cursory look at the structure of the property but all they are really interested in is the loan to value just in case they need to chuck you out on the street and sell your property quick. The house might well be valuable enough for them including any faults. From what you say I would probably advise having somebody look at the specific items you are concerned about. That should cost you a fraction of the full survey but will tell you what you need to know and will tell you if you need further investigation.

Yes, I agree, it's always worth having a full report done. It doesn't sound like there are any major issues, but you wont know for sure unless a professional comes and takes a look.

Don't forget to have a drain cctv survey!

Andy

Homebuyers reports are very basic and for newer properties with not much to go wrong.

If you don't want or need the costs/detail of a full survey, then you can instruct your own criteria - ie just look for structural movement, or for rot, or for future repair costs .... whatever you like

Agreed on the above

When buying our first home 3 years ago i - at the advice of the mortgage advisor (hsbc) - stupidly opted out from a full survey to a "mid point" survey which was in fact a homebuyers report. Dodged a bullet as structurally seems fine but frankly wish i'd got the full survey done. FTB naivety and too much going on, but in future will always pay for a full one.

The HBR contains nothing over and above what a decent diyer would see if they took a objective (rather than rose-tinted) view of the property. HBR is the equivalent of a tyre-kicker.