When you plan to buy a property, the most valuable thing you can do is get an RICS survey on the property. The survey will give you an idea about the
property’s condition and its exact market value. An RICS survey will provide you with all the necessary information to make an informed about the property
you intend to purchase. Property surveys prove valuable throughout the buying process and assist you in avoiding any unexpected costs. After getting the survey, you will gain vital information to support your property decision-making. Below are a few things that you should know before getting a survey.
Your bank or mortgage lender may send you to a surveyor that they usually do business with. It is good to do some research and get quotes from other independent property surveys and compare the rates. Local surveyors prove to be more beneficial as they know the local market and can give you better property value. If you are buying an unconventional property, hiring a surveyor with expertise in that particular niche is good. Those surveyors will be more aware of the property’s conditions and features than others. Ask the surveyor to give you an example of the Survey Report that he/she usually conducts so that you can check whether the surveyor provides the relevant information or not.
Ask Questions to the Surveyor to Get the Most Value
Buying a property is a daunting task. You are not expected to know everything, especially if you are a first-time buyer. Your surveyor is on hand to support you through the process and tell you what you need to know. Buying a property is not an easy task at all, and you don’t know all the things, especially if you are a first-time buyer. That’s why it is advised to hire a surveyor who can support you. You can ask the surveyor all the questions that pop up in your mind, like the property’s condition and why you should purchase the property. After getting the survey report, spare some time, check the report thoroughly, and make notes of all the things you are unsure of.
A Homebuyer Report is a comprehensive document that covers a lot of information about the property, and it is important to get a clear understanding of the report. Ask the surveyor to clarify all the misunderstood points so that you can have an in-depth understanding of the report.
Keep In Mind That the Surveyor Is There To Help You
It is beneficial to trust the services of the surveyor when you are buying a property. You are not an expert, and you must take guidance from professionals. When it comes to lenders and sellers, securing a good property price is essential. Working with a third party, the individual surveyor will ensure you receive unbiased and quality service. You are paying the surveyor for the survey, so it’s in the surveyor’s interest to give you all the necessary information. Your surveyor will inspect the inside and outside of the property and report its actual condition.
6th Floor, 200 First Central, 2 Lakeside Drive,
Park Royal, London, NW10 7FQ
T: 020 8203 1281
“An experienced group of RICS Chartered Surveyors, here to support your journey whether you are buying, renting or selling your property.”