Should we book a HomeBuyer Report, Building Survey or Full Structural Survey on a home in Bow and which one is cheaper?
The Full Structural Survey has been renamed by RICS as a Building Survey, however it is effectively the same survey.
If the Bow property is a flat or maisonette, or is over 100 years old, or has been structurally modified, or is built of unusual materials, RICS advise a cheaper HomeBuyer Report.
If you intend to do any works or an extension on the Bow property, it would be better that you commission a Building Survey. The Building Survey is not as cheap as a HomeBuyer Report however it does offer comprehensive details of the Bow property's state of repair along with information on defects as well as maintenance options .
If in doubt why not obtain a Bow Survey Quote online or call us 0800 038 6667 to speak to one of our advisers.
We are planning to buy a 1984-built house in Bow and saw evidence of that windows in the lounge did not line up. What can be done to fix subsidence if subsidence is found during the home survey?
Subsidence refers to the movement of a house and its foundations. Home buyers can confuse subsidence with settlement. Settlement does occur in recently built houses, and is rarely a cause for concern. Their weight can cause the ground beneath the foundations to compact. Heave is less common, and is caused by the death or removal of a large shrub or tree and its root network no longer draws water from the subsoil.
Subsidence is the result of a number of common issues. Collapsed drainage can cause subsidence by washing away or loosening subsoil. This is an example of groundwater subsidence. A sudden change in the weather can also impact a house susceptible to further settlement, potentially as a result of poor construction.
Identifying the cause of subsidence is the first step to its solution. Repairing leaking drains, water mains or broken downpipes which are the cause of the subsidence, should be all that is needed to stabilise the home, with no underpinning required. Specialist geological and drain surveys may also be required as the movement of soil can sometimes crack drains or water mains.
Is £277, 504 in the right ball park price to buy a detached property in Bow in EX17 for and what things does the Bow qualified surveyor allow for in the process of a professional valuation ?
There is a near endless list of things which could affect house prices like the potential for development or the amount of light it receives. It can help to put side by side the prices of house recorded in Bow for similar properties.
The average house price paid between Jul and Oct 2012 was £302, 504, which is £25, 000 more than the price you are intending to pay. Belgarden House, Colebrooke, Crediton, Mid Devon, Devon, EX17 5JH a detached property sold for £195, 000 .
The best way to get an impartial home valuation is to get a Homebuyer Report (or Property Valuation Report) which includes a formal valuation by default.
A surveyor will always actually visit the house in addition to allowing for the long list of factors that have a bearing on property values.
When I saw a property I am meaning to move into, it looked like there were damaged electrical sockets; will a surveyor advise on the electrical system?
When conducting a Building Survey in Bow the RICS surveyor should usually mention the overall electrical system if it is apparent that the electrics are in an unsafe state. This should include a general view of the accessible sections of the wiring, fusebox etc. on top of areas like checking the category of the electrical fittings in bathrooms or verifying the condition of any visible wiring a sample of the range of light fittings and switch gear. Looking at any evidence of a test on the condition of the electrical connections conducted by an electrician should be part of the Homebuyer report in Bow.
The IEE (Institute of Electrical Engineers) advocate a Periodic Inspection be conducted every ten years (5 if letting out).
Are there any things I would need to look into when planning to buy a property in Bow near a conservation area ?
There are thousands of conservation areas in the UK that are designated and monitored by the local authority.
A Building Surveyors are required by RICS to possess knowledge of relevant local issues and the relation may have on the property. Property Prices are typically inflated as a result of them retaining original features.
Property surveyors are trained to advise you if the home is or might be is designated and Section I of the Homebuyer Report will recommend additional due diligence and enquiries are carried out during the legal process. Unauthorised developments to the building will also be reported but these are really more a investigated by your lawyer. Waterfields Solicitors are a local firm situated at 445 Roman Road, Tower Hamlets, London, E3 5LX and may be able to advise. Tel: 020 8981 4460
What will a RICS Surveyor look for on a smooth stucco coated house in Bow.
Stucco (sometimes called pargetting) is just smooth type of render. Normally stucco is applied to brick that dries to an even finish. The effect is highly appealing and is common on some Victorian and Georgian properties. Stucco is often prone to defect and Bow Homebuyer Reports sometimes focus on any number of problems such as damp trapped under paint (assuming painted).
Another example of problems could be when water below flashings which results in detachment. Fixing problems with stucco may be costly as craftsmen are getting rarer.