Is it best to book a RICS Level 2 Survey, Full Structural Survey or RICS Level 3 Survey for a home in Mancot and which one is the cheapest?
The Full Structural Survey has been renamed a RICS Level 3 Survey, although it is effectively the same comprehensive survey.
If the Mancot property is an apartment, or is an older property, or has been substantially modified, or is of non standard construction, RICS advise a cheaper RICS Level 2 Survey.
If you intend to do any alterations on the Mancot property, RICS recommend you commission a RICS Level 3 Survey. This survey is less cheap but it will provide you with an in-depth analysis of the Mancot property's state of repair and it includes more detailed advice on defects and maintenance options .
For more detailed advice get a Mancot Homebuyers Survey Quote online or call us 0800 022 4428 to speak to one of our advisers.
Should I get a separate valuation and reinstatement cost estimate (including costs for professional fees)
RICS Level 2 Surveys include a (registered valuer) surveyor valuation as well as a "reinstatement cost" as a standard part of the survey. To estimate an accurate estimate of the value of the building your surveyor will refer to local property market knowledge and other factors relating to the property e.g. state of repair Surveyors also examine certain fixtures and fittings and will draw upon other assumptions like the property isn't on a land fill site.
A RICS Level 3 Survey does not include a valuation as standard. However we can add a valuation for a nominal fee. Alternatively a Property Valuation Report (PVR) can be carried out. The valuation is also on the basis that there are no major legal issues for example there being no on going disputes. Such concerns will be clarified by your conveyancer.
Additional local Mancot area conjectures, like problematic roads and access, are made in addition to any environmental problems like local Mancot industrial considerations, which are also considered as part of the valuation.
I am going to acquire a detached property in Mancot (CH5) for £158, 920. What factors will surveyor allow for when carrying out a RICS survey ?
Any number of issues that can impact on the price of property ranging from existence of building regulations for modifications to the amount of accommodation it offers. It is useful to benchmark prices house values recorded in the same area for similar houses.
This means house prices paid between Jul and Oct 2012 was £161, 820, which is £2, 900 more than the amount you are intending to pay. 5, Yew Tree Avenue, Saughall, Chester, Flintshire, Flintshire, CH1 6HB a detached property sold for £300, 000 .
An impartial way for you to get an impartial property valuation is to get a RICS Level 2 Survey which includes a Property Valuation Report as a core component. Your local surveyor will be officially part of the Valuer Registration Scheme (mandatory since 2011).
My partner and I are purchasing an old gatehouse. What should be budgeted for upkeep?
Many buyers would like to own a unique or characterful property. Older construction methods and materials, however, can create difficulties for an owner. Structures built using traditional methods can be difficult to maintain. You should consider that expert knowledge may be needed. Traditional materials may also need to be sourced. Discuss this with your surveyor for further advice.
I have read that subsidence in Mancot might be an issue. What subsidence information does the Mancot RICS Level 2 Survey include?
Subsidence is defined as movement of the foundations of a house, but some degree of movement will always occur. Newer homes, for example, will need to settle under the weight of the building. Where the home is of very recent construction, the builder will usually return to a new house after six months to make good any settlement cracks.
Subsidence can result from several issues, some common throughout Mancot. For example, water leaking from a broken drainage will clear away soil which supports the structure. By reducing the volume of the subsoil, the earth is more readily displaced by the weight of the property. Inside the property, keep an eye out for new or growing cracks in exterior brickwork.
Identifying what has caused the subsidence is a necessary first step.This is not always as costly as some buyers fear.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. In some more serious situations, underpinning may be necessary. If the load-bearing parts of the property have been damaged, these may be repaired with steel rods, fixed into place with cement to restore the structural integrity of the building. A surveyor will be able to tell you if there is subsidence in your home or not, and what is causing it.
Are there any considerations we should check on if intending to buy a period property in Mancot inside a conservation area, particularly in respect of to house prices?
There are many thousands official conservation areas in the UK which are overseen by local authorities. Mancot surveyors need to possess knowledge of relevant local factors and the bearing may have on the home and its value. Values is usually inflated owing to them being in their original state.
Property surveyors will note whether the building is possibly classified as such and the Section I Issues for your legal
advisers of the RICS Level 2 Survey will advise additional enquiries are conducted by your legal representation. Unconsented adjustments to the property may be advised, however these should be investigated by the lawyer. Dtm Legal Llp are a local firm situated at Archway House, Flintshire, Flintshire, CH1 3DR and may be able to advise. Tel: 01244 354800