You’ve found a Stoke-on-Trent, Newcastle-under-Lyme or Staffordshire Moorlands property you love, but you need to know that it is in good condition before you commit to a purchase. Without a survey you may not be aware of costly work that needs to be done. A home survey will help you to avoid any nasty surprises in the future.
We recommend using a local surveyor who is accredited by the Royal Institution of Chartered Surveyors (RICS). During a RICS Home Survey your surveyor will conduct an in-depth visual inspection of the property and produce an expert report on the property’s condition. In this report they’ll highlight any problems using a clear traffic light system.
The top five things a surveyor will look for when completing a house survey:
Are there any problems with utilities?
Is there any damp?
Is there cracking?
Are the roofs ok?
Are there any timber defects?
You shouldn’t confuse a house survey with the mortgage valuation that you will have to pay for in order to secure a mortgage. A mortgage valuation merely confirms that the property is worth what you are being lent and will not give details on the condition of the property.
The RICS Condition Report provides you with important information not covered by a mortgage valuation. It includes an inspection of all aspects of the property you’re thinking of buying, identifies the risks and legal considerations, and includes a section of advice for your solicitor.
The report uses a simple traffic light (red, amber, green) colour code to rate individual elements of the property and highlights any areas of concern.
An overview provides you with information on the construction of the property, details of any serious problems that require attention, and details of anything that should be investigated before you commit to the purchase.
The RICS HomeBuyer Report provides you with information on the condition of the property you’re thinking of buying, together with advice to your solicitor.
Like the RICS Condition Report, the RICS HomeBuyer Report uses the traffic light colour coding system to rate individual elements of the property and highlight areas of concern, such as damp or structural movement. The level of detail enables you to judge the value of purchase in line with the cost of any future maintenance, repair and restoration works.
In addition to the detail featured in the RICS Condition Report, the RICS HomeBuyer Report contains professional advice on the issues that may affect the value of the property, together with a market valuation and an insurance reinstatement cost. It also provides you with advice on repairs and any ongoing maintenance requirements.
The RICS Building Survey is the most detailed survey available. 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.
The report provides you with details on the materials and methods of construction, advice on defects, and the appropriate repair options.
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.
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