Mark David Survey Department
Why have a Survey?
Buying a property is generally regarded as the largest single investment that most people make. Why risk making the biggest financial mistake of your life?
Properties are not only expensive to buy but can be expensive to repair. The best way to decide on such an important investment is to have a professional survey carried out. Indeed, many banks and building societies state within their terms and conditions that the mortgage valuation should not be solely relied upon and advise that you obtain an independent survey to suit your individual needs. A mortgage valuation is just that, a valuation, and does not comment on condition and defects.
This is reinforced by many legal representatives who also advise clients to have an independent survey prior to a legal commitment to purchase.
To do without a survey may well prove to be a false economy as it could easily save you money if faults are revealed which enable you to re-negotiate a price reduction. Indeed, if the house is poor value for money or requires substantial repair and maintenance, it may prevent you from making a serious financial mistake.
A survey undertaken by a charted surveyor gives a purchaser a professional opinion about the property in question. Once received (and prior to a legal commitment to purchase being made) its findings are considered and if defects found, costs/estimates and full reports are obtained – possibly resulting in re-negotiation of the purchase price to reflect the necessary works identified.
What type of report do I need?
Type of Survey
Home Buyer Survey
Terms and conditions
Written report for your reference
Professionally qualified Surveyor or Valuer
Detailed comment on construction
General report on condition
Easy to understand report style
Analysis of the causes of problems and repairs needed
Some advice on future maintenance
Full set of photographs
Personal contact with your Surveyor
Suitable for all types of properties