If you are on the move you will probably have heard the term ‘structural survey’ and maybe you don’t quite know what’s involved. This is a way of preventing unexpected repair costs when it comes to your new home and it’s an essential part of the moving process.
What is a structural survey and who carries it out?
A structural survey, or building survey, is essentially a comprehensive report which is written based on the condition of a property. It’s useful for buyers who are looking to move to a property that has undergone renovation or to a home that is in an unfortunate state of repair. A professional surveyor will report on the interior and exterior to ensure there are no defects which could arise. If, however, a property does reveal issues that will require attention, then these are outlined in the surveyor’s report.
What information does the report contain and does it make recommendations?
The surveyor will detail the property defects and hazards both outside and inside. There will also be advice outlined on what steps to take to ensure the property is in good order. The surveyor will also outline previous structural work that has been carried out on the property. A full structural survey can take up to one day to complete and the homebuyer can expect to receive the survey around five to 10 days later.
Why should a survey be carried out?
Any profound structural issues will be uncovered and this process will enable you to decide if the property is worth the asking price. If you don’t get a survey done then there is the risk of unexpected costs. If the survey points out problems with the structural element of the property, you can negotiate a lower price or ask for these issues to be dealt with and corrected prior to the purchase. A structural survey can cost several hundred pounds, depending on the size of the property.
If you require a Building Survey Chelmsford has a range of professionals including https://www.samconveyancing.co.uk/Homebuyers-Survey/Home-Buyers-Survey-Chelmsford. According to the BBC house prices have fallen for the first time this year which is good news for first time buyers.
If you are a first-time buyer, there is plenty of guidance available which takes you through the entire purchasing process. Following the structural survey, the professional may recommend specialist inspections, such as electrical checks. The surveying professional will also be able to check for damp and can identify the source of the issue. Some conveyancers may also be able to suggest an estimated cost of the property which can be useful to help with price re-negotiations.