Building or Buying a House? Here’s a Simple Guide to Choosing the Right Property Survey

If you plan to purchase a property in the near future, you may be wondering how can you be sure that your future home doesn’t have any hidden issues. On the other hand, a survey specifically tailored for older properties that need rebuilding interventions will identify all the key areas where the property owners must intervene for the best results. Instead of letting yourself seduced by the way in which a property looks, or its potential after a full remodel, better hire professional property survey services and have a detailed report. Below is a simple guide that will help you choose the most appropriate survey for your property’s particular needs.


Where do I start?

This is the first question that pops into everybody’s minds when thinking about property surveys. Most people rely on the assessment of their mortgage lender, but this isn’t enough. While it might offer you some information on some of the most major faults of the property, this is only a superficial evaluation.

What alternatives do I have?

Now that you know that a mortgage lender’s valuation isn’t enough as a property survey, you must know that you can choose out of a couple of options. Two kinds of property surveys are recognised by the Royal Institution of Charted Surveyors – or two types of RICS building survey. The first type is the homebuyer’s survey and the second one is a building survey. Search for agencies that collaborate with charted surveyors, if you want an accurate assessment of the state of your property.

What is the difference between the two?

A homebuyer’s survey is a much more detailed version of a mortgage lender’s valuation. Unlike the valuation, a similar survey will come with a more accurate report on the general state of the building. What is more accurate in this report’s case is the details offered by your surveyor on all major systems on your property: from the state of the roof to the piping and drainage system, electrical system and it will even offer you more information on potential mobility issues. A RICS homebuyer’s report will offer you more information on all the faults of a property that need urgent repairs. From dampness to sewage issues and so on. However, remember the fact that this type of report is not suitable for those properties that need big investments or renovations. In this case, a RICS building report will be necessary.

Should I have a building report?

In many cases, homeowners invest in similar service even though they don’t plan to sell their properties. Think of such surveys as a health check on your home. If it has any type of severe issues, you most likely want to have those fixed as fast as possible. If not, your property will suffer more damage and the repair expenses will be significantly higher, in the future.

Here is a simple guide that will help you understand better the home survey topic. Make sure to always collaborate with certified RICS surveyors, for an accurate report.