Choosing the Right Survey

Why should I have a private survey?

Buying a property is probably the most expensive purchase you will ever make.  If you are paying for a mortgage valuation, this is done for the benefit of the lender to assess the property as adequate security against your loan.

The best way for you to make an informed decision on such an important investment is to have a professional survey done by a qualified Chartered Surveyor who works on your behalf and no one else’s.

A private survey will tell you what you want to know about the property and highlight any potential problems.  This will avoid costly surprises after you move in.

Types of Survey

RICS HomeBuyer Report

The RICS HomeBuyer Report is the most popular type of survey for property buyers.  It is recommended if you are buying a conventional house, flat or bungalow in reasonable condition, and would like more advice about the condition of the property, including repairs and ongoing maintenance. The Report is identifies significant and urgent matters likely to materially affect the value of the property. This Report also includes a market valuation.

RICS Building Survey

The RICS Building Survey is a comprehensive report providing information about the fabric and condition of the property, as well as defects, repair and maintenance advice. It is recommended if you are buying a larger, older, run-down or unusual property, or if you are planning major works.

For more information about the different types of survey please click here for the Royal Institution of Chartered Surveyors guide to home surveys.