When Do You Require a Surveyor?

You often hear people talking about surveyors when looking it comes to property, but what are the times that you need to hire a surveyor and what exactly do they do? This post will teach you all that you need to know about surveyors – keep reading to find out.

What is a Surveyor?

Essentially, a surveyor is a property professional that is trained to inspect properties to assess the general condition and establish an accurate value of the property. To find a good surveyor, it is helpful to use a comparison website or to ask around in your network. Surveyors are usually reliable, but problems can arise and if this is something that you experience then you may want to seek advice from a no win no fee lawyer.

When Should You Hire One?

The main times that you would want to hire the services of a surveyor is when either buying or selling a property. This is so that the structural integrity and general condition of the property can be assessed and so that it can be priced fairly. As a seller, you want to make sure that you are being honest about the property and that any issues are raised. From a seller’s standpoint, you need to know what you are buying and whether or not it is a good investment. It is advised that you should never buy a house without a survey and it can provide important peace of mind when making the biggest financial decision of your life.

What is a Survey?

A surveyor will conduct a survey of a property, which is essentially a detailed inspection so that issues can be identified and flagged. Common issues that arise from a survey include structural damage and major repairs needed, like roof repairs. They can also offer expert advice on the property that could be useful for those purchasing.

Different Surveys

There are also a few different types of surveys that are worth knowing about. The condition report is the most basic and looks into and provides “traffic light” indications as to the condition of the property. The HomeBuyers Report is more detailed and will include a valuation and an insurance reinstatement value – this is the most common type of survey. A Building Survey is the most expensive and detailed form of survey – they are most commonly used on old, unusual or listed buildings.

This post will hopefully be informative and give you a better understanding of the importance of using a surveyor when buying/selling a property.

Written by Julie Hanson

Julie is passionate about property – development, investment and portfolio planning. Along with husband Alec, Julie is actively building a property portfolio while helping others to do the same.

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