Rainfords Home Purchase Condition SurveyThis is Rainfords intermediate survey (similar to the RICS
Homebuyer survey) but a little more detailed.
The homebuyer type survey is for your own benefit rather than the
mortgage lender's. A large majority of people opt for a homebuyers
survey when buying a new home, and it is definitely worth it to be sure
that your new home is in good condition. It allows you to evaluate
whether you want to continue with the purchase, and to consider any
urgent problems with the property.
The homebuyers type survey is
recommended for houses that are under 120 years old, conventionally
constructed, and in generally sound condition. While less
comprehensive than a full structural or building survey, a homebuyer
type survey report gives a good indication of the state of the property
and its level of repair and maintenance. The surveyor reports on all
visible parts of the property, such as the condition of the roof,
pointing out particularly any areas that will need work straight away or
at a later date. Further specialist surveys will be recommended if
required. Any issues to be discussed with your solicitor, such as
parking spaces or rights of way, should be noted in the report. An
estimation of the value of the property is also included. The contract
will specify exactly what will be examined.
A valuation can also be added for an additional fee if required.