A Property Survey is an inspection of a property by a qualified expert to assess the condition of the property you are hoping to buy.

The surveyor will be able to advise you if there are any structural problems with the property. They also highlight any repairs or alterations that are needed.  They will also advise of any ongoing maintenance needed on the property.

The survey should be carried out by a qualified surveyor (usually a member of the Royal Institute of Chartered Surveyors (RICS)).  A surveyor based in the area you wish to purchase in will be best placed to advise you of market values in the area.

Survey costs will vary depending on the surveyor you choose and the level of survey you require (from the most basic condition report to a full building survey where the surveyor checks the loft, behind walls and above ceilings).

A mortgage valuation (carried out by your mortgage lender) is not a survey and is only for the lender to ensure that the property is sufficient for the loan that you have applied for.

Surveys are optional but can assist in avoiding expensive and unexpected work being required at your new home.  A survey would be recommended in most property purchases but in particular if:

  • There are specific worries about any part of the property
  • You are looking to buy an older property
  • You are unsure of the condition of the property
  • The building is unusual or listed

We would recommend you check the RICS website below for any further information

We can help

When you move home or buy your first residential property it is an exciting time and a big decision. You need to feel reassured that the Conveyancing Solicitors you appoint can guide you through the process step by step and can take any worry and stress away from you.

To find out more contact your nearest Ringrose Law Office.

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