A survey is a property health check, carried out on behalf of any individual considering the purchase of a property. The inspection will result in a detailed report providing information about the condition of the property and any areas of concern.
Types of Survey
When buying a property there are three levels of survey to consider:
A valuation is a basic review of a property undertaken to assess its value.
A Homebuyer's Survey is more detailed than a valuation and is carried out on behalf of the buyer. This survey type is generally suitable for most conventional properties that are less than 150 years old.
A Buildings Survey involves a more in-depth investigation and is generally recommended for older properties or properties that have been significantly altered.