How is a Property Valued? If you are considering purchasing a new property or want to re-mortgage your current home, your mortgage lender will carry out a valuation survey on your property or potential property to determine how much it is worth and make sure that it matches up with the amount that you are planning to borrow to pay for it. If you are currently in the process of Read More…
What Happens if a Property is Undervalued? A mortgage valuation is one of the most important stages during the application process. If you are trying to buy a property that is subsequently undervalued by the mortgage company, it could end up derailing the entire sale. It is worth considering that the mortgage lender is not only looking to safeguard themselves throughout the process but is also looking to protect the Read More…
What To Look for in a Property Surveyor If you’ve found a property that you have fallen in love with and want to settle down in, it’s time to put an offer in and get the ball rolling on making the house your own. However, before you start the process of making the purchase and eventually become the new property owner, it’s important to make sure that you hire a Read More…
Whether you want to build a fence, build an extension on your home, or simply confirm that you and your neighbours aren’t encroaching on each other’s land, it’s important to know exactly where your property begins and ends. Not understanding the property lines is often the main issue behind a range of lawsuits and legal disputes between neighbours. Thankfully, a surveyor can help you determine where your property lines are Read More…
Whether you are looking at buying a new home or a new commercial property to run your business from, it’s a wise idea to get a property survey carried out before you part with your money. Purchasing a property is certainly not cheap, so it’s sensible to make sure that you know everything that there is to know about the property before you settle on buying it, especially when it Read More…
7 Reasons Why a Survey Is Important on Unusual Properties Maybe you’ve been looking for an unusual property to buy and move into for a while, or perhaps you have stumbled across one on your house hunting journey and have fallen in love with it. Whether you are looking to purchase a listed building, a property with an unconventional layout, or a house that is made with unusual construction materials, Read More…
Why Home Buyer’s Reports are Good Value If you have been looking for a new home and have found a property that you’d like to purchase, it is a wise idea to have a home survey carried out by a chartered surveyor before you finalise the purchase and complete the sale. During the survey, a surveyor will visit the property to inspect it and identify any issues like structural damage, Read More…
Why NOT Paying for a Survey Could Cost You Thousands You’ve spent ages trawling the internet and poring over the options in the windows of local estate agents and have finally found a property that you could see yourself living in. Whether you’re buying your first home or want to upgrade your family home to accommodate for a new baby, you’re probably eager to get started with the process of Read More…
Will a HomeBuyers survey pick up damp? Due to the wet climate that we get in the UK, damp is not an uncommon sight in British properties. Damp problems are caused by excess moisture in the property and can lead to serious structural issues if left untreated. Damp is often a prime breeding ground for mould spores and can be dangerous to your health over time. If you are considering Read More…
What Does a Surveyor Look At in a Home Buyer’s Survey? If you have been hunting for a new home and have found a property that you can see yourself living in and have made an offer, now’s a good time to think about having a homebuyer’s survey carried out. During the homebuyer’s survey, the surveyor will carry out an inspection of the property to identify any problems that could Read More…