Choose Between Survey and Valuation
When you are looking to buy a new home or an investment property, there are many factors that need to be considered. Once you’ve found your perfect property, you’re sometimes required to carry out a survey or valuation. These two items are different and the one that you may need will depend on the type of property you are buying. Usually, mortgage valuations are quite brief and they are typically to the benefit of the lender to help them determine how much they should lend against the property. There isn’t a significant benefit to the buyer, other than the fact that they’ll receive a limited report on the state of repair.
On the other hand, a building survey is far more comprehensive and not only includes a visible check of the structure put also the exposed and accessible parts too. It’s important that if your building is relatively old that you have a building survey completed to give you an idea of any potential issues or problems. A comprehensive inspection is carried out, encompassing each and every aspect of the property. Roofs are often inspected both internally and externally to ensure that they are good working order, damp levels in the building’s fabric are checked, and boundary issues such as paths and fences are examined. These are just a few of the many details our building surveyor in Slough will look for when providing a building survey.
Surveys and valuations are important because they help you to plan your budget accordingly. When buying a home you need to make sure that you plan your money, both for one-off expenses that will come up during the purchase and for monthly fees such as insurance costs and your mortgage.
We are highly respected as a building surveyor in Slough, Maidenhead and Reading, and we can offer comprehensive mortgage valuations and building surveys, offering a comprehensive service for all who need it. Whether you are planning on purchasing your own home or you wish to sell, we can make sure you are fully informed about the property and about the financial aspects involved.
As members of The Royal Institution of Chartered Surveyors and ESG, the UK’s only nationwide expert directory of chartered surveyors designed specifically for solicitors, we are dedicated to our client’s requirements. If you would like to know more about our services and how they can help you secure your dream home, call us today for further information.
