What survey is right for me? | Homebuyer | Buildings Survey |
---|---|---|
For those pruchasing properties for a standard construction | ||
For those purchasing properties in excess of 150 years | ||
For those purchasing properties that have been subject to significant alteration | ||
Traffic light rating 1-3 that gives a clear indication of the property's condition | ||
Provides clear advice on areas that require urgent attention | ||
Provides advice for Conveyancing Solicitors | ||
Provides advice on repairs required and on-going maintenance | ||
Offers a key risks report | ||
Provides advice on issues that affect the property value | ||
Detailed and in-depth inspection | ||
Comprehensive report commenting on the condition of its structure | ||
Provides a description of any defects identified | ||
Outline of potential problems | ||
Professional advice on repair options |
Many people neglect to commission anything other than a basic valuation when buying a home. However, a property survey, involving a detailed inspection of the property will ensure you are fully aware of its condition before you buy it.
It is the buyer's responsibility to be certain that the building is structurally sound; the vendor has no obligation to declare any faults.
It is important to understand the differences between a valuation and a survey:
The surveyor will inspect and report on parts of the building that are visible and readily accessible and will assess the condition of those parts. When you receive the survey concentrate on any issues highlighted as urgent or significant. The Homebuyer's report grades problems in the following way
When instructing a surveyor, you should ensure they are
qualified and a current practicing member
of the Royal Institution of Chartered Surveyors (RICS).