Took him down nearly 20%, with a 20% deposit. I'll wait until the report comes through, and show you what it is says. I'm hazy as **** at the moment, I'm not taking a lot in.The mandatory survey is there for the bank to assure that the money you're borrowing from them is recoverable in the event that you can't repay your mortgage.
I'd say in this instance the bank may decline to lend the money against this property if their survey has deemed it to be in such a bad state.
If the bank is still prepared to loan the funds in spite of these issues then you must have knocked the vendor down a lot on the offer.

