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 House survey: what are the various types?

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 House survey: what are the various types?

A survey is vital to assess the condition of the property you’re buying and determine what, if any, repairs got to be made. There are five main survey types:

 RICS Condition Report

The most basic of the survey types, this costs around £250. this is often best suited for brand spanking new build or relatively new homes that are during a fitness overall and lists any urgent defects or potential legal issues the property may have.

 RICS HomeBuyer Report

Costing around £400, and again for properties during a somewhat fitness, it’ll identify structural problems, like subsidence, also like the other hidden problem areas on both the within and out of doors of the property. Some HomeBuyer reports also include a valuation for your property, so this might be used as a negotiating tool if this is often less than the estate agent’ s/mortgage lender’s valuation.

 RICS Building Survey

Costing between £400 and £500, this survey type is suitable for older or more substantial properties. It provides in-depth detail on defects, repairs, and maintenance options using an easy-to-follow 1,2,3 system.

 The building or full structural survey

Costing upwards of £600 this is often the foremost comprehensive of survey types and is usually suitable for older homes or homes which will need significant repairs. This survey type will include much of what’s covered within the theatrics Building Survey, also as providing detailed advice on repairs.

 New-build snagging survey

It cost around £300, this independent inspection of a replacement build property to spot any minor or major issues that the developer needs to address before your purchase.

New build properties have generally covered by a National House Building Council (NHBC) guarantee for ten years. This includes the new build property for the first two years after legal completion. The remaining eight years offer protection against core issues like subsidence or structural failure.