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A Building Surveyor’s main objective is to produce a survey that highlights any defects or problems in the subject property. This would usually be checked before any obligation to purchase a property is entered into as it could lead to further negotiation or indeed you deciding not to complete the transaction. This survey would normally only focus on building condition and is different to a valuation survey.
To assist in your choice of which survey is appropriate for your property purchase, speak directly to a Building Surveyor from the local area. To find Building Surveyors in your local area please complete the iSurveyor.com request form below, once sent to iSurveyor.com you will receive a list of contact details so that you can contact the property experts directly. Before appointing a Building Surveyor and placing an order you should ensure yourself that your chosen supplier has the relevant qualifications, licences, experience and insurance to provide the level of service that you require. There is of course no obligation to use any of the property experts that you have been introduced to.
A Building Survey is a detailed report investigating the condition of a property. When instructing a Surveyor to carry out a survey it is important that you confirm that the Surveyor you chose has the appropriate qualifications, accreditation, experience as well as insurance to provide the level of service that you require. The survey would normally be provided by a member of the Royal Institution of Chartered Surveyors (RICS) both for residential or commercial properties.
There are different types of Building Survey, these differ by the detail that is provided and will have different costs associated with them. The surveys available include a Full Structural Survey, this is the most detailed of the Building Surveys. They provide a detailed report on the property’s construction and condition. This is often used for older houses, but may be appropriate for new build properties also. They are particularly appropriate for buildings that are run down or indeed have had a lot of modifications to the building, or if indeed you intend to carry renovations or conversions to the property yourself (however if you do intend to renovate or convert the building, then building regulations, planning permissions as well as a structural surveyor report may also need to be considered.
There are 2 further building survey options, A Homebuyer’s Report or a Valuation report. A homebuyers report is slightly less expensive and does not provide as much detail. This report follows a format specified by the RICS and is generally suitable for situations where major problems are felt to be unlikely, however advice from a property expert over which report is appropriate should be sought. It replaces what the RICS previously referred to as a Homebuyer Survey.
Your Bank, Building Society or Finance provider may commission a Valuation Report, this is the briefest of the reports available. The detail concentrates on the value of the property, and is to confirm to the lender that the money they are lending to you is being lent against an asset of a suitable value. Please be aware that although this report is useful, it will have little detail on building condition.
Building Surveying | Building Survey | Building Regulations – London, UK.
All of the above information is for guidance only, it is not to be considered property advice. Contracts entered into are between the Client and the individual member firm. iSurveyor.com acts as the introducer only.
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