A major part of the home buying process is having a homebuyer’s survey (or a homebuyer’s report) conducted. This is a report carried out by a building surveyor that draws attention to any defects or faults in a property.
A homebuyer’s report is conducted in a standard form that has been created by the Royal Institute of Chartered Surveyors. It has been designed in a concise, standardised format and is intended for homes that are:
A homebuyer’s report focuses on the essentials of a property, identifying defects and problems that have an immediate effect on its value.
They allow the purchaser to make a reasoned and informed judgement on whether or not to proceed with the acquisition, as well as identifying what actions and decisions should be made before the purchaser enters a legally binding contract.
Most will be familiar with a mortgage valuation survey, which is compulsory for those who want to take out a mortgage. A mortgage survey confirms the worth of the property for security purposes; they do not identify anything that is wrong with the condition of the property.
Although having a homebuyer’s survey is not compulsory, you are strongly advised to have one carried out on a property before its acquisition. A homebuyer’s survey can often be used as a valuation that is accepted by mortgage lenders.
We are based in offices conveniently positioned between Harrogate and Leeds and we have excellent and speedy access to the whole Yorkshire area.
Harrogate, Leeds, Wakefield, York, Hull, Beverley and their surrounding areas.
Charters-Reid Surveyors now offer a 5% discount on proof of Blue Light Card.
This cannot be used in conjunction with other offers.
