Surveys

  • Find out if you could benefit from a survey
    • Get an informed opinion from an unbiased professional on the condition of your property.

    Why do I need a survey? 

    Obviously cash purchasers will want to ensure that their investment is sound and that unforeseen problems and defects will not come to light after the purchase and which might otherwise have been reflected in the price paid for the property.

    However, most people buying a house do so with the help of a mortgage. As part of this process, a mortgage valuation will be commissioned. However, this is not a ‘survey ‘, merely a valuation for the purposes of the mortgage lender to ensure that the sum being lent is adequately covered. On occasions, borrowers will not even be provided with a copy of the report.

    Thus it is prudent for house purchasers to have an independent survey and valuation undertaken on their behalf so that they can make a more informed judgement on the true condition of the property and any effect this may have on value and future maintenance implications.

    Types of survey and valuation reports

    HOMEBUYER REPORT

    This is a popular report laid out in a standard format prepared by the Royal Institution of Chartered Surveyors (RICS) and involves a thorough visual inspection of all readily visible areas, including the roof void. It is intended to provide a professional opinion as to whether the property is considered to be a good purchase at the agreed price.

    The report is in logical headed sections and includes matters that we believe should be referred to your legal advisers for further investigation.

    The report is a general guide to condition and value and is not suited to more individual, larger or older properties.

     

    Survey

     

    BUILDING SURVEY

    This is a more in depth report suited to larger or older properties and contains more detail in relation to the nature of construction, identified defects and specific remedies. Again it is a visual inspection of all exposed and accessible areas, including the roof void.

    Tests on service installations are not undertaken, although we can advise on the need for such tests by suitably qualified specialists should our visual inspection reveal the need to do so. Accessible drainage chambers will be inspected.

    The report can be tailored to suit your particular needs and can include a valuation if required. These reports are often used as a checklist for defects and in order to obtain quotations from building contractors.

    VALUATION

    Clients may wish for a valuation report to confirm that an agreed price is a fair reflection of market value. Whilst such reports comment generally on the condition of a property, they do not constitute a survey and are commonly instructed for probate or matrimonial