Instant Survey Quotes
Once an offer has been accepted on a property, you should instruct a local surveyor to carry out either a home buyer or full building survey. The survey is your guide to potential issues with the property which will cost you money to correct. This should not be confused with the valuation survey arranged by your mortgage company which will not help you to understand the condition of your property.
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What’s the difference between a home buyer and a full building survey?
The Full Building Survey is an extensive investigation of the property and results in a comprehensive report on the property condition. It is presented in an easily readable, clearly presented format. It reports on all repairs that, in the surveyors’ opinion, require attention either now or at some time in the future to put the property into, or maintain it in, good condition for its age and type. This detailed inspection reports on:
- Serious Structural Defects; defects that threaten the stability and safety of the structure
- Essential Repairs; repairs that require attention within six months
- Guideline Budgets for Serious Defects and Essential repairs
- Matters for your solicitor
- Rebuild Costs for Insurance Purposes
The home buyer survey is an economy service designed by the Royal Institution of Chartered Surveyors for the cost conscious home buyer. It will provide an overall opinion of the general condition of the property but does not offer additional useful features such as guideline budgets for any defects that may be identified. This summary evaluation reports on:
- Urgent matters that are a threat to the fabric of the building
- ignificant matters which could affect the price of the property
- A market valuation of the property
- Rebuild costs for insurance purposes
