| What survey is right for me? | Level 2 | Level 3 |
|---|---|---|
|
For those purchasing properties of standard construction |
Yes |
Yes |
|
For those purchasing properties in excess of 150 years |
|
Yes |
|
For those purchasing properties that have been subject to significant alteration |
|
Yes |
|
Traffic light scale system that gives a clear indication of the property's condition |
Yes |
Yes |
|
Provides clear advice on areas that require urgent attention |
Yes |
Yes |
|
Provides advice for your Solicitors |
Yes |
Yes |
|
Provides advice on repairs required and on-going maintenance |
Yes |
Yes |
|
Offers a key risks report |
Yes |
Yes |
|
Provides advice on issues that affect the property value |
Yes |
Yes |
|
Detailed and in-depth inspection of the construction materials and how they will weather in the future |
|
Yes |
|
Comprehensive report commenting on the structural integrity of the property |
|
Yes |
|
Describes the identifiable risk of potentially hidden defects |
|
Yes |
|
Bespoke report tailored to each individual property |
|
Yes |
| What survey is right for me? | Level 2 | Level 3 |
|---|---|---|
|
For those purchasing properties of standard construction |
Yes |
Yes |
|
For those purchasing properties in excess of 150 years |
|
Yes |
|
For those purchasing properties that have been subject to significant alteration |
|
Yes |
|
Traffic light scale system that gives a clear indication of the property's condition |
Yes |
Yes |
|
Provides clear advice on areas that require urgent attention |
Yes |
Yes |
|
Provides advice for your Solicitors |
Yes |
Yes |
|
Provides advice on repairs required and on-going maintenance |
Yes |
Yes |
|
Offers a key risks report |
Yes |
Yes |
|
Provides advice on issues that affect the property value |
Yes |
Yes |
|
Detailed and in-depth inspection of the construction materials and how they will weather in the future |
|
Yes |
|
Comprehensive report commenting on the structural integrity of the property |
|
Yes |
|
Describes the identifiable risk of potentially hidden defects |
|
Yes |
|
Bespoke report tailored to each individual property |
|
Yes |
A survey is a property health check carried out on behalf of any individual considering the purchase of a property. The inspection will result in a detailed report providing information about the condition of the property and any areas of concern.
Types of Survey
When buying a property, there are two main levels of survey to consider:
Buying a house is one of the biggest financial decisions you will make and arguably one of the most important purchases of your life. A survey is there to ensure you are aware of any potential issues before signing on the dotted line. Think of it like buying a car with no MOT or Service history…
The difference between a Valuation and a Survey
It is essential to understand the differences between a valuation and a survey:
With the world moving more into the digital age as each day passes, more and more valuations are being done using an AVM, or Automated Valuation Model. This is quicker and cheaper for the lender to assess the property’s value and means that a physical inspection may not be required. Hence why it is even more important to instruct an independent surveyor to assess the condition of the property on your behalf.
