Commercial and Residential Survey Difference
Building surveys are important and should be conducted on practically every type of property, particularly older ones. They uncover a lot of details about the condition and repair work that will be needed, protecting the interests of the buyer in the process.
As experts when it comes to the valuation of residential and commercial properties, we know exactly where to look in order to discover those difficult to find issues. We will ensure a building surveyor looks into all of the exposed, accessible and visible parts of the structure, so that a full picture is obtained of its current state.
Surveys performed on commercial properties differ according to the needs of the commissioning party and are typically more complicated and thorough than residential examinations. This generally occurs because there are more safety and insurance obligations in place in the commercial sector. The survey needs to provide vital information in regards to these.
In commercial buildings there is also the fact that different construction strategies are used in development when compared to domestic housing. Materials such as cladding, reinforced concrete and steelwork are used, in addition to many others. Not to mention, there is some particularly onerous legislation relating to commercial structures. In terms of repairs, the responsibility lies with incumbent tenants a lot of the time.
When a survey is done, every element of the building is described with detail together with findings and observations. Reports also tend to include helpful information on how to manage any remedial works that might be required. The information from the survey can be used as part of the purchasing negotiations before a sale is finalised.
At Patterson Francis and Associates, we don’t want you to pay too much for a property that could be holding some hidden truths. As such, we can dispatch a qualified building surveyor to conduct a survey. We offer this service throughout Maidenhead and strive to deliver reports efficiently after each inspection is completed.
If you are thinking of investing in a property, contact us first for advice and recommendations based on the age of the building and the condition you have observed from viewings.
