Moving is an expensive business and with living costs rising it can be tempting to make cutbacks in the homebuying process. Shopping around for no sale no fee agents who won’t take an extortionate slice of your home’s value is worthwhile. So is looking for the best prices for removal companies. One place you shouldn’t scrimp is on a home buyers’ survey.
Chartered surveying can seem like yet another expense at a time when you are already paying out. But don’t underestimate the importance of a reliable, trustworthy property surveyor. They could stop you from making an expensive mistake.
Your home is the most expensive purchase you are likely to make. You want to make sure it is structurally sound. Having a detailed survey is the equivalent of a car’s MOT. It is the opportunity to check your potential new home’s safety and recommend any upgrades to improve structure, safety, and functionality.
There are three levels of RICS surveying.
- a level 1 homebuyer survey, which is best suited to conventional homes in good condition
- a level 2 home survey, which provides more detailed information based on visual inspection
- a level 3 home survey for larger properties, older and rundown buildings, or if you are planning to carry out major work on the property
The comprehensive service provided at level 2 and 3 can also give a property valuer’s price estimate. This can be useful if you are unsure of your potential home’s worth.
Paying for a full survey including valuation could save you thousands of dollars. Use the results of the survey to negotiate with sellers if the building survey raises unexpected work. Especially those that will lead to additional expenditure following completion.
If you are also armed with an independent valuation, it is possible to haggle on price. But be realistic about your expectations.
Although house prices are currently high, the market is buoyant. So don’t miss out on your dream home.
Ultimately it comes down to what a property is worth to you. By using a specialist such as this house surveyor in Norwich you can make an informed decision about what is reasonable and affordable.
Peace of Mind
Knowing you have employed a building surveyor can provide you with peace of mind when buying a property. The more information you are armed with, the better prepared you are to deal with the process leading to exchange and completion.
No one wants any nasty surprises to catch them unaware. Opting for a thorough survey can be the best option. Not only will it give you the most thorough picture of your potential new home, but it can also give you the confidence you need to enjoy this exciting time without worry.
Moving can be stressful. Knowledge really is power in the world of property. Why should you have a full home buyer survey when buying a home? You can’t afford not to.