Building Survey - Residential
Buying a home is the biggest single investment, and most important decision, most of us will ever make. Buying property is such a huge decision, which can be quite stressful and it is always wise to take every step necessary to make sure the purchase is runs smoothly. But most importantly, a residential survey tells you that the home you are buying is worth the money you are paying and all about its condition.
The condition of the property, both structurally and internally, should be fully understood prior to making the commitment to buy a house or flat. Surprisingly though, some buyers are not as thorough as they should be when it comes to determining the establishing the condition of their new property.
If you wouldn't dream of buying a new car without a test drive and mechanical inspection, would you really risk buying a property without an in-depth building inspection?
Most people understand that they should get a house survey for mortgage purposes, however, this basic survey does not always flag up structural issues which will affect the value and future condition of the house. Therefore, some properties require a more in-depth survey to ensure you are not taking on larger costs further down the line.
The average cost for missed defects in a property is £5,750, it was reported recently, with 17% of those surveyed paid up to £12,000 to make their newly purchased property habitable. When you compare this to the cost of undertaking a survey, at a fraction of this figure, it reflects the value of the guidance provided from the report.
When considering whether or not to buy a property a full and comprehensive residential survey by qualified Chartered Building Surveyors will protect the buyer from a potential bad investment. Chartered Building Surveyors are regulated as a profession and the buyer is protected should they not be provided with the guidance expected. This will again afford considerable peace-of-mind during the property buying process that can become quite stressful.
A residential survey by the Delaney Marling Partnership will provide vital information to you, the home buyer.
What Is Included In A Residential Survey?
The main difference between a survey conducted by ourselves and other more basic reports is that we inspect all areas of the property including those that are not easily accessible such as roof spaces.
We will comment on the gas, water and electrical services to the property and, crucially, we will also assess the structural condition of the property including walls, the roofs and identify any issues that are present or that could potentially arise in the future, leading to high and unexpected repair costs. We often spend time after the surveys with our clients either on the phone or over a coffee to discuss the key issues, risks and how to move forward.
We recognise that buying a property anywhere in the Humber region can be a complicated process but we are here to help. Contact us either through our contact page, or by calling us on 01482 623955 (Hull & East Riding) or 01472 729964 (North & North East Lincolnshire) and we will be happy to help you with any questions you may have.