Buying a house is likely to be the most expensive purchase one will ever make. And you would want to be reassured you are spending your money Wiseley. A RICS survey can potentially save you thousands of pounds by revealing the property defects and you can ask sellers to correct these before completing your purchase.
Saving on cost repairs
The average cost can range between £5000 to £6000, for those not investing in a survey. Money spent on decent surveys can save you a fortune in the future and help you avois=d expensive surprises after you have moved in.
You can also use the survey to negotiate the price of the property if the survey reveals it isn’t worth the sale price, or if other issues are flagged up about the property and if you are planning renovations or an extension to your property then a survey will provide you with the key information you need to get started.
So which Survey is right for you?
RICS Homebuyer Report
This report is the most popular and offers advice on defects that may affect the value of the property with repairs, and ongoing maintenance advice, including a market valuation and insurance rebuild costs.
RICS Condition Report
The condition report shows the condition of the property, it provides guidance for legal advisers and highlights any urgent defect. It is aimed at conventional properties and new homes. No valuation is provided.
RICS Building Survey
Essential for larger older properties, or if planning major works, this is the most comprehensive report providing an in-depth analysis of the property’s condition and include advice on defect and maintenance options.
RICS Home Report (Scotland Only)
RICS Home reports are required for most properties on the market for sale in Scotland. The Home report comprises three documents: single survey, energy report and property questionnaire.