Sunday, November 15, 2009

When you have a basic survey carried out on a property youre buying, what does this include them checking for?

Please can you be as detailed as possible in your answer. Thanks for all replys

When you have a basic survey carried out on a property youre buying, what does this include them checking for?
the report should include....





a description of the property (no of rooms, freehold/leasehold, type of heating, whether roads are adopted, its market value etc)





a condition statement ( overall condition, any structual movement, essential repairs, advice)





an energy rating report








When i had mine done, they came in and measured each room (and the garden), checked in the loft etc.
Reply:The term Surveyor seems to have different meanings in different parts of the world... here a Surveyor would indicate a Land Surveyor (property boundaries, splits, etc). The first poster mentions what I would call an appraiser (values the property based on current market conditions) or possibly an inspector (check for structural integrity). What type of Surveyor are you referring to???
Reply:The last survey I had, the surveyor was in the house all of 5 minutes, he went upstairs, jumped up and down on the floorboards in one of the bedrooms, said "seems sound to me" and off he went.
Reply:Hi,we went for a basic survey %26amp; I can tell you we found out quite a lot wrong with this property however on saying that.We got it at a good price.I would advise anyone to go for a full survey regardless of age of property.I prefer older properties %26amp; our home has been well insulated.Good Luck
Reply:A mortgage valuation can be a simple 'drive-by' to see what you're buying matches the mortgage application. Have known this to be done by some companies.





A Home-buyers survey usually takes 30mins or so, and will include going around every room looking for visible signs of damage or areas in need of attention.





A full survey takes an hour, and will include looking for damp, lifting carpets to check floor boards etc. This is usually left for much older properties
Reply:If you are having a "basic" survey done then it will not include very much. It will NOT include an energy report unless the property is 4 bedroom + and in which case the energy report will be in the HIP not the survey.


The survey will include:


type of accomodation,


size of property ie 100 sqm floor area.


area: residential, suburban,


age and basic detail of construction ie


1920s' two bed mid terrace. Solid brick construction under a pitched tiled roof.


Legal advisors should advise on flying freehold etc.


It will list any MAJOR defects - but not if there is a tiny bit of damp in the corner of the front reception room.


The price and insurance reinstatement figure will also be given.





The basic survey is basically for the mortgage company not for you its just to tell the lender that yes, this house isn't about to fall down and in the worst case the lender could sell it on and get their money back.





Would advise that if you are buying an older property that you have a more detailed survey.





Contrary to popular belief unless you have a very low loan to value ie you are borrowing less than 50% of the value of the property it is incredibly unlikely that the survey will be in the form of a drive by.


A homebuyers survey on a normal two bedroom house should take a minimum of 1-2 hours.


A full survey would not include lifting carpets as all surveys (according to the governing body RICS) have to be "non invasive" so surveyors are not allowed to move furniture, lift carpets etc. We can look in drains and lift manhole covers where possible.
Reply:found this website that will answer your questions http://www.tickeverybox.com/
Reply:Basic mortgage valuation is basically what the eye can see on the part of the valuer. Usually takes about an hour and is really just to make sure for the lender that the property they are lending on is suitable security and that it is sound and the value being paid is correct. Other than that it should not really be relied upon as the only survey when buying a property.





For greater peace of mind you should consider having a flat/homebuyers report instead


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