Friday, May 21, 2021

Structural Survey: Types of Surveys

If you are a prospective homebuyer, a house survey will help you to identify and highlight potential problems you might face later. The survey is carried by expert building surveyors and usually covers the external and internal condition of the property, its structure, and services. It is important to get a proper survey done before you stretch your money to buy your dream home. Read on to know more about structural surveys or house surveys.

Full Structural Survey

You can get the services of expert structural engineers if you are worried about the structure of the building or if you are buying a period property. The survey will give you all the information to decide whether you should go ahead with your decision. A full structural survey covers information on defects and options of repair and maintenance. It is wise to opt for a structural survey if you plan to buy a larger property or if you are carrying out major renovations.  The cost of the survey depends on the size of the property and the location. Engage experienced and professional building surveyors as the report is vital to your financial health.



Valuation Report

A valuation report provides you information on whether the money you agreed to pay is worth it or not. You can have a desktop valuation where you get comparison reports based on the locality. Alternatively, building surveyors can get into the property and provide you with a report. However, a valuation survey will not highlight any structural problems as structural engineers would do.

Condition Report

Condition reports are designed for conventional homes and newer properties. It provides a concise report on the condition of the property and details of immediate liabilities. This type of survey should be opted for only if you are confident about the state of the building.

Homebuyer Report

A homebuyer report will give you information offered by a condition report along with a market evaluation and estimated insurance cost.