A valuation is not a survey
If there’s one misunderstanding we deal with daily, it’s that many mortgage applicants expect our valuer to conduct a survey when, in reality, he/she is there to carry out a mortgage valuation.
The RICS Building Survey is the most detailed survey we offer. It’s particularly suitable for older properties, those of unusual construction, properties with major extensions or alterations, or those that you already know to have significant defects that need attention.
Our report provides you with details on the materials and methods of construction, advice on defects, and the appropriate repair options.
Click here to see the RICS’ description of a Building Survey.
The RICS Homebuyer Report is better suited to more modern properties of standard construction. The RICS Building Survey is specifically designed for properties of almost any age, style or condition, including period properties and those of non-standard construction.
If you’re thinking of buying an older property that’s fallen into disrepair, or a building that’s had major alterations, it’s vitally important that you understand the approach needed to maintain the component parts if you’re to preserve – and enhance – the value of your investment. For example, listed buildings or those located in conservation areas need specific care, and legislation often requires you to use the correct building materials and techniques.
If you’re planning to alter the structure or make a substantial financial investment in a property of age or character, the RICS Building Survey provides an important safeguard.
To make sure that our RICS Building Survey is the right report for you, click to view our helpful product comparison guide.
Are you buying a leasehold property?
Take a look at this advice from RICS regarding the purchase of leasehold properties.
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If there’s one misunderstanding we deal with daily, it’s that many mortgage applicants expect our valuer to conduct a survey when, in reality, he/she is there to carry out a mortgage valuation.
While there’s no one-size-fits-all answer, it’s advisable to view a property more than once before taking the plunge. Here we’ll take you through some of the things to think about to help ensure you’re making an informed decision on your property purchase.
Buying a house is expensive, but the more thorough your checks on your chosen area, the more likely you are to find somewhere you love and won’t want to abandon.
The survey we requested was done in a friendly, fast and efficient manner.