Home and building survey tips and tricks : Go back to your Roots, Trees next to your home can give a lovely ‘rural’ feel to the property, and we love them, she even has a pear tree growing right outside her house. But, she didn’t buy the property without checking first that the roots weren’t causing any structural damage to the property’s foundations. Once you’ve done all the checks – check again in six months time! Homes move, they leak, they get broken, every day of the week. It might be after a storm, after you have had some work done, or just because they are buildings that, just like us, need maintaining in good health. Your home is probably your most expensive asset – you wouldn’t not change the tyres on your car or let it go for years without a service, your home is the same, just a lot more valuable, so TAKE CARE OF IT!
Exterior walls will be assessed by the property surveyor and large furniture will only prevent them from gaining access to every part of the exterior wall. Make sure your furniture is kept away from exterior walls and moved into the centre of the room.
Likewise your property may be scouted by buy-to-let investors who are looking for a quick sale without too much trouble, or who are looking for a ‘ready’ home that they can move tenants into straight away. Try to put yourself in the shoes of your next potential buyer. Ask yourself these questions; can I move in here straight away? Will it cost me to make immediate repairs? Are these issues easily fixed? Am I willing to conduct any DIY or have repairs made by a technician?
You can have your property surveyed at any time, but you will most likely hire a surveyor when you’re buying a home or constructing something. … However, the property survey is not always legally required. Some mortgage companies will be satisfied with title insurance. As one of the most comprehensive surveys available, more often than not a building survey will be requested by potential buyers of your property. It is a wide range inspection of the entirety of a property done in more specific depth than a Homebuyers Report or a Mortgage Valuation. A Building Survey’s purpose is to give a detailed report of the condition of the property in question.
In addition to the suite of RICS branded HomeBuyer Reports, we are able to offer the excellent jargon-free Home Condition Survey by SAVA. With its simple 1 -3 rating system which is also colour coded to indicate the risk level and the individual items rating it allows you to quickly determine the levels and not get held back by surveyor talk. In addition to this, it comes with helpful fact sheets on electrics, gas and asbestos as required. See more details on Chartered Building Surveyor.
The most frequent question we get asked is, but we’ve had a survey the bank arranged it while it true that you can have a Level 2 or 3 survey through your mortgage provider. It is more likely a valuation report that has been commissioned and these are there purely to make sure the bank has the ability to get back from the property in resale what you’ve asked it to lend you. It doesn’t report on lots of things and in most cases, you never get to see it.