| Surveys &
Valuations of Property |
CHARTERED SURVEYORS
SAVA
(Surveyors & Valuers Accreditation)
A Guide to PROPERTY SURVEYS
For RESIDENTIAL HOME BUYERS
TAWN LANDLES have been providing professional
surveying services to Clients for a considerable number of years in West
Norfolk and surrounding areas. The firm provides a variety of building
surveying services on residential and commercial property. This information
brochure is to provide initial advice specifically for Residential Home
Buyers who have taken the sensible and prudent decision to commission their
own independent survey.
| WHY HAVE
YOUR OWN SURVEY? |
- To reach an informed decision on what may
be your largest investment
- Home buying can be very “subjective” - as
your Surveyor we will provide a more detached, objective view of the
property
- To become aware of significant problems or
drawbacks prior to legally committing yourself to purchase
- To better judge whether the agreed price
is reasonable, or re-negotiation is sensible
- A mortgage valuation, which you may also
be having carried out is not sufficient for you the homebuyer to rely on.
The mortgage valuation is purely for the lender. It is not a survey just a
brief report confirming the level of security for the lender. You cannot
rely on it to cover all your personal needs
At TAWN LANDLES we can offer the 2 industry
standard types of survey:
- RICS HOMEBUYER SURVEY & VALUATION
(The Homebuyer service)
- BUILDING SURVEY
(formerly known as a structural survey)
Having found the property you intend to
purchase the next step is to then decide which type of survey is most
suitable.
We will be pleased to discuss the options with you.
Briefly the outline of the two types is as
follows:
| THE RICS
HOMEBUYER SURVEY & VALUATION |
- A standard format providing a concise
report
- Concentrates on urgent and significant
matters
- Designed to be more economical than a
building survey
- Applicable to conventional houses,
bungalows and fiats not older than about 1930 in apparent reasonable order
- The 3 MAIN OBJECTIVES: to assist the
Client to:
- Make a reasoned and informed judgement
on whether or not to proceed with the purchase
- Assess if the agreed price is reasonable
- Obtain advice on decisions and actions
to take before exchange of Contracts
- The inspection includes internal,
external, roof space and visual inspection of services and site
- Considers significant evidence of
structural movement, damp, rot and timber defects
- The Report includes advice on:
- our overall opinion
- ACTION required
- Insurance reinstatement cost
- Itemised elements in 9 page format
- Essentially a more detailed inspection and
report with greater analysis provided
- Suitable for any residential property of
any age in any condition
- Particularly relevant for period or
dilapidated property, extensively altered dwellings or those of unusual
construction
- Detailed elemental reporting with more
technical information that can be tailored to the Clients requirements. We
will be pleased to discuss specifics with the Client prior to the
inspection
- Advice on defects & remedies so the Client
can gain as broad a picture as possible
- Further specialist investigations
highlighted when necessary
ADDITIONS AVAILABLE include:
- Opinion of value
- Insurance reinstatement cost
- Specialist testing of services
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