The article below is an unfortunate story on why it is crucial to not simply rely on the Mortgage valuation provided by the lending company or Bank, any potential buyer should always look to commsission a property survey from a RICS qualified surveyor when purchasing a property.

 

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/11891118/Survey-failed-to-spot-165000-subsidence-hell.html