House survey was a waste of time, what recourse do I have?

[Rufty]

I bought my first house about 5 years ago. The solicitor for the mortgage company did the standard searches etc. I also paid a lot for an independant valuation. What a waste of money. They didn't spot the clearly visible hole in the roof, the fact the roof tiles were spaced out, planning application for 300 houses across the road, the public sewer in the garage, failed double glazing units...I could go on.
What recourse do I have? Many thanks

[Mr Veritas]

The Solicitor for the Mortgage Company will only do searches/survey to ensure that the Mortgaged Property could be resold if you were to default.
However,the Independent (survey?) probably was at fault.However after 5 years I feel (unless anyone can correct me) that it would probably be past time to get anything done about it.
You say in both parts of your question "valuation" do you mean survey?
because I get the feeling that a valuation and an actual survey may be different things?
Despite this I still think you may have left it too long.

[redcrx]

did you pay for a full survey? or is this just the mortgage companys valuation?

did you not spot the failed double glazing and hole in roof? and have they been there for 5 years or have you know they were there all along?

[buildersmate]

Should have found the hole in the roof, but then, hey, how come you didn't tell them about that 4.9 years ago.
Ditto roof tiles.
Ditto DGU.
Planning application for 300 houses should have shown up on local searches - assuming the application existed then.
Public sewer in the garage wouldn't normally be an issue but agree your solicitor should have found it if utility searches were done - maybe you didn't ask for that.
What recourse do you have 5 years on? - absolutely none.
What happened in the last 4.9 years?

[Mr Veritas]

I agree with bm,
Just WHY has all this "suddenly" come up after 5 years?
Not only that,but after 5 years you would have quite a job proving that these conditions were occuring then (and therefore were overlooked in the valuation/survey),and had not started within the last year or so.