| There are basically three types of survey that can be | | | | are also known as are not required by law, the very |
| carried out on a property that is up for sale. They are | | | | fact you are about to invest thousands of pounds into |
| a valuation, a Home Buyers and a Building Survey. | | | | a property means that it would be highly advisable to |
| A Valuation Survey will usually be taken care of by | | | | have one done. |
| the mortgage company that is going to lend you the | | | | A property survey will in most cases save you a lot of |
| money to buy the home as they want to be sure of | | | | money simply because the surveyor will identify any |
| the value of the property that they will be lending | | | | structural problems and inform you of the likely cost of |
| money against. This type does not go into much detail | | | | repairs to bring the property up to full standard. |
| about the structure and likely repairs, etc as it is only | | | | When someone sells a property, they sometimes get |
| meant to provide a basis for valuing the property at | | | | a Home Condition Report prepared. This is often part |
| current market levels. | | | | of the Home Information Pack that the seller is |
| A Home Buyer Survey is a simple one that will be | | | | obligated to get done when he or she is selling the |
| carried out by a surveyor London and will provide | | | | property. The Home Condition Report will offer at least |
| several details regarding property condition and any | | | | some guidance on the property condition, but it is |
| particular defects. It will also offer a valuation. | | | | nothing like getting your own survey completed. |
| A Building Survey is the most comprehensive of the | | | | Before you initiate the buying process for a new |
| surveys as it provides a full and detailed analysis of | | | | property in London, you should get a Building surveyor |
| the property as well as any repairs or alterations that | | | | to survey it. This will bring to your attention several |
| are likely to be needed within 6 months. Especially for | | | | factors that an untrained eye would find difficult or |
| older buildings or unusual constructions, this is the best | | | | impossible to detect. If there is any work that needs to |
| one to go for. | | | | be completed, this will be evident. |
| Although a building survey or property survey as they | | | | |