When purchasing a home, it's tempting to focus on aesthetics and location, but understanding what's beneath the surface is crucial. A home survey is an indispensable step that reveals hidden issues, offering peace of mind before you commit. So, do you need one, and which type should you choose?
Why Get a Home Survey?
A home survey provides a thorough assessment of a property's condition. It can uncover structural problems, damp, roof damage, or other costly defects that may not be apparent during a viewing. Identifying these issues early can save you thousands or even help renegotiate the price.
Types of Surveys Explained:
RICS Level 1 Survey (Condition Report)
This basic survey is suitable for newer homes in good condition. It offers a summary of the property’s state, highlighting urgent issues without providing advice or a valuation.
RICS Level 2 Survey (HomeBuyer Report)
Ideal for conventional properties in reasonable condition, this survey includes a more detailed inspection, identifying defects that might affect the value. You can opt for a market valuation and rebuild cost for insurance purposes.
RICS Level 3 Survey (Building Survey)
Perfect for older, unusual, or rundown properties, this comprehensive option provides an in-depth analysis of the structure and condition, with advice on necessary repairs and maintenance.
Which One Should You Choose?
Your choice depends on the property's age, type, and condition. While a survey is an additional cost, it offers clarity, confidence, and crucial insight before committing to one of the biggest purchases you’ll ever make.
A survey is more than just a formality—it's a wise investment in your future home. And if you're navigating the property market, we're here to assist with expert estate and letting services.
If you need advice and help on buying or selling a property, please contact us to speak with one of our award-winning team who will be able to help you.
Market your property with Maddisons Residential
For many, the first point in their house moving journey, is to understand the value of their current home. Whether you want a quick, instant, online indication, or a more robust property specific and individual valuation, we would be delighted to help.