A building survey is not a legal requirement and at a time when you maybe saving every penny you can to afford your new dream home, skipping the extra cost of having a survey may cross your mind.
But having a survey carried is essential to possibly save you large sums of money, from uncovering hidden issues with the property which could cost you now or in the future, this could allow you to use the information to negotiate a lower price of the property, prepare for repairs that will be needed straight away or in the future, or ultimately letting you walk away from a potential disaster.
Each property is unique and thus the type of survey required.
For more recent properties, which are constructed in a more conventional way and in reasonable condition, we recommend an RICS Home Survey – Level 2 report.
If you are buying a new home using Help to Buy, HomeBuy Direct or similar shared equity scheme, we recommend an RICS mortgage valuation.
A surveyor’s report will nearly always uncover some issues, especially with older properties, Some of the most common issues include:
• Problems with the roof
• Central heating system
• Damp or timber issues
• Electrical installation issues
• Further complications which will require a structural engineer, such as subsidence.
RICS is a globally recognised professional body, which ensures RICS registered surveyors adhere to the highest professional standards set across the globe.
If you’re buying a property using Help to Buy, HomeBuy Direct, or a similar shared equity scheme, it is recommended to get an RICS mortgage valuation.
A HomeBuyer report also known as level 2 surveys is a survey and inspection of the easily accessible parts of the property, this includes things such as ceilings, the roof, walls, floors, bathrooms, and woodwork.
An inspection of the central heating system, drainage system, electric, gas and/or oil and water services.
An inspection of permanent outdoor buildings and the outside of the home including roofing, pipes, gutters, walls windows, and external doors.
Assessment of timbers for rot and active woodworm infestation.
After a survey has been completed you will receive advice and technical information based on the survey you choose, this includes guidance on any maintenance or repairs necessary.
Whatever your requirements, we have expert who can help.Contact us