surveys we offer
The rule “caveat emptor” (let the buyer beware) effectively places the burden on the buyer to discover any defects to the property, as following the purchase the seller is not liable to the buyer. It is essential therefore, that you carry out an appropriate survey to discover whether any defects are evident.
The lender’s survey (valuation) is for their benefit and will not necessarily establish whether the property has any structural defects such as subsidence, or timber defects such as dry and/or wet rot.
Which?, the Council of Mortgage Lenders, advises the purchaser to arrange their own building survey before buying a property as this could potentially save thousands of pounds in costly repair bills in the future.
Arranging a survey is relatively simple and provides an economical way to avoid unpleasant and often costly surprises after moving in. Indeed the report may even enable you to renegotiate the price. It is important that before you decide to go ahead and commit yourself legally to the purchase your RICS Surveyor answers the following questions for you:-
• Is the agreed purchase price reasonable?
• Are there significant problems with the property?
• If there are any, what do I need to do, and how much will it cost to rectify them?
We provide three different types of survey to suit your needs and only use surveyors that have a local knowledge of your area.
What Type of Survey Do I Need?