Which survey do I need?
The Royal Institution of Chartered Surveyors (RICS) refers to Surveys as being "a kind of 'health check' for buildings" (RICS, 2015).
Since buying your home is likely to be the most expensive purchase you will ever make, it makes sense to do some research before you commit to it. Research by the RICS has found that those who buy a house without first having a Survey can end up facing hefty repair bills once they move in. The RICS has produced a video (left) to help you to understand the importance of having a Survey before you purchase.
Choosing the right Survey.
At Leney Building Surveying Ltd, we offer two types of Home Survey: The RICS HomeBuyer Report and the Building Survey.
Specific risks associated with the property will be highlighted with both the HomeBuyer Report and the Building Survey. I usually recommend a Building Survey rather than a HomeBuyer Report for properties that are older, significantly extended, are in poor condition or that are of non-standard construction (e.g. Cornish Units).
Remember, a valuation is not a survey and the valuation carried out by your mortgage lender is for their benefit not yours. It does not provide sufficient information about the house, its construction or future maintenance to inform a property purchase.