Should we go for a Full Structural Survey, Building Survey or HomeBuyer Report on a house in Upper Norwood and which would be cheaper?
The Full Structural Survey has been renamed by RICS as a Building Survey, however it is basically the same the same.
If the Upper Norwood property is a flat, or is an older property, or has been substantially modified, or is built of unusual materials (e.g. timber frame), RICS recommend the cheaper HomeBuyer Report.
If you are thinking about whether to carry out alterations, you should you carry out a Building Survey instead. This option is not as cheap however it will give you comprehensive details of the Upper Norwood property's state of repair as well as including more detailed advice on defects as well as maintenance options .
If in doubt why not get an instant Upper Norwood Home Survey Quote on our site or call us 0800 038 6667 to speak to our survey team.
I would like to acquire a detached property in SE19 for £408, 206. What things does the surveyor take into account when conducting a valuation ?
There are many factors which could affect property values ranging from the tenure i.e. freehold or leasehold to the standard of the bathroom/s. You can try to analyse prices achieved in Upper Norwood at the same time for similar houses.
The average house price recorded at the Land Registry between July and October in 2012 was £384, 806, which is £23, 400 less than the price being asked. The average for houses and flats was £258, 692. 20, Kingswood Drive, London, Southwark, Greater London, SE19 1UR a detached home sold for £630, 000 .
The most accurate way for home buyers to get a formal property valuation is to commission a Homebuyer Report (or Property Valuation Report) which includes a professional valuation as an inclusive part. Your surveyor will be officially part of the Valuer Registration Scheme.
A professional RICS chartered surveyor should actually visit the building in addition to allowing for the long list of area issues that can affect property values.
Can properties constructed with stone create issues for a new owner? Are there any major issues that we should be aware of, and what does the survey cover?
Locally quarried stone may be more susceptible to specific issues. Buyers should also be aware that the potential severity of issues like salt contamination of will vary with the particular type of stone.
Regular stone walls are built with prepared or cut stone, called ashlar, and are often easier to maintain than irregular walls.
Regular courses of ashlar (cut stone) are often used as a finish to irregular stone walls, with mortared rubble or brick hidden behind. Advice for better upkeep will vary according to the needs of individual property, such as using traditional techniques when making repairs to the fabric of older buildings.
When we saw a sixties house we are intending to buy we saw that there could be corrosion of the wiring. Does a surveyor write anything on any faults with the electrics?
When performing a Homebuyer Report in Upper Norwood the RICS surveyor should remark on the overall electrical system if it is obvious that they are in a hazardous state of repair.
This should include a non invasive check of exposed parts of the wiring on top of things like the state of miniature circuit breakers. Ascertaining the whereabouts of any evidence of a test on the condition of the electrical installations handled by an electrician should form part of the survey in Upper Norwood. Reporting on any documentation from the most recent Periodic Inspection Report handled by an electrician on the property will usually be part of the survey.
The Institute of Electrical Engineers (IEE) advocate a Periodic Inspection is carried out every 10 years (or every 5 if renting out).
Does the Upper Norwood home survey include a valuation and an estimate of rebuild costs for insurance purposes (including additional costs such as reconstructing permanent outbuildings) and what does it include?
A Homebuyer Report on a Upper Norwood property will contain a valuation and a reinstatement cost as a standard part of the survey. To be able to determine the market value your RICS valuer will take into account area knowledge as well as other factors about the property for instance: accommodation The surveyor will also consider style of architecture and will draw upon key assumptions such as the ground is not land filled. Surveyors disregard certain things like sales incentives.
Further area assumptions like services, are made in addition to any local environmental problems like busy roads, also being considered. A Building survey does not include a valuation as standard. A valuation can, however, be added for a nominal fee. Please call for information. Alternatively a Property Valuation Report (PVR) can be carried out.
What sort of issues will my RICS Surveyor examine on a spar dash rendered (stucco) Victorian house in Upper Norwood which we wish to buy.
Stucco is in fact a sort of flat finish render. Typically stucco render is layered over brick hardens to form an even finish. The coating is very attractive and is found on Georgian homes. it can be prone to defect and Upper Norwood Home Buyers Suveys sometimes report any number of problems for instance moisture trapped behind paint coatings.
Another example of problems associated with stucco may be when dampness enters below windows that results in the render detaching. Fixing problems can be expensive as skilled tradesmen are getting harder to find.