Is it best to choose a RICS Level 2 Survey, Full Structural Survey or RICS Level 3 Survey for a house in Northern Moor and which is the cheapest?
The Full Structural Survey has been updated to a RICS Level 3 Survey and is basically the same the same comprehensive survey.
If the Northern Moor property is a flat or maisonette, or is a period property, or has been substantially modified, or is of non standard construction, you should choose a cheaper RICS Level 2 Survey.
If you are thinking about whether to do any an extension, RICS recommend you select a RICS Level 3 Survey. This option is not as cheap, but it does offer a thorough analysis of the Northern Moor property's state of repair along with an opinion on defects , repairs as well as maintenance options .
For more detailed advice why not obtain an instant Northern Moor Homebuyers Survey Quote or call 0800 022 4428 to speak to one of our advisers.
Can clay soil foundations be a source of difficulty? I am buying a house in Northern Moor. Can your Home Buyers Survey consider this?
Subsidence is often the result of unseen, subterranean causes, including clay soil. Issues range from compression of layers of the sub-soil to considerable shifts in soil volume caused by variable moisture content, both of which can put a home's foundations under great strain. Drought, for instance, can have a obvious effect on clay soil, compromising the property's structural integrity and potentially leading to very noticeable effects within the property. Expansive clay soil can put lateral pressure on a home's foundations, forcing them inward. Where the foundation walls have insufficient support, they will bow and crack. This can result in costly and even dangerous structural damage. A Northern Moor surveyor will take into account and clay soil related concerns, and advise accordingly.
Will my survey give a property valuation and an estimate of rebuild costs for insurance purposes and how is it worked out
Northern Moor RICS Level 2 Surveys a surveyor valuation and a reinstatement cost as a standard part of the survey. In order to determine an accurate estimate of the value of the building your chartered surveyor will call upon in depth understanding of the Northern Moor market and other factors relating to the property for instance: accommodation Surveyors also evaluate materials used and use key assumptions e.g. there being no serious defects.
A RICS Level 3 Survey does not include a valuation as standard. However we can add a valuation for a small additional fee. Alternatively a Property Valuation Report (PVR) can be carried out. The surveyor relies on standard assumptions that there aren't any major legal issues for example no laws are broken by use of property. These will be investigated by your conveyancer.
Further area assumptions, for example the access roads not being in private control, are made in addition to any environmental problems like brine mining activity, also being considered.
Should I pay more money for a full structural survey, as opposed to a RICS Level 2 Survey when carrying out due diligence on a maisonette in Northern Moor?
RICS Level 3 Survey has now superseded the Structural Survey following its renaming a couple of years ago by RICS. This is now the right survey to choose when buying an unusual property e.g. a neglected maisonette in Northern Moor. The report outlines in depth and frequently critical information in relation to the buildings construction materials on top of any defects after a thorough visual inspection of the accessible areas.
What effect could rainfall have on a home? We're concerned about replacement costs.
The impact of climate change is widely reported, yet the effect which high levels of rainfall has on a structure is usually overlooked. Signs that drainage are blocked include spalling on walls around drainage. Blocked rainwater goods can result in a damp or flooded cellar.
That is not to say that drainage problems should cause you to reconsider a purchase. They are usually a simple matter to repair, if identified early. Where this is left untreated, the damage becomes increasing costly to remedy.
The neighbour commented that there is a possibility of damaged blue asbestos ceiling boards present in building. Which types of asbestos are a concern and can it be removed?
Asbestos is a harmful fibrous material. There are over 60 types, 6 of which were used in the UK and are often found in the building materials such as insulating board. Its use is widespread, for example - as it has characteristic fire retarding properties, it may be found in coatings spayed on beams.
All forms are ultimately carcinogenic and may lead to lung cancer following prolonged exposure.
If discovered, one must be careful not to disturb asbestos and expert advice should be sought ASAP. On no account try to get rid of it yourself. Surveyors will not verify the presence of asbestos on a survey. However they will report on the risk of asbestos during the survey and should offer advice.
We are going to be investing in a flat in M23 for £113, 100. What things does the Northern Moor surveyor evaluate when valuing house prices in Northern Moor ?
Any number of issues which could have a bearing on house prices for instance the quality of nearby schools or the number of bathrooms. One method is to benchmark selling prices achieved in Northern Moor at the same time for similar properties. The mean flat price registered between July and October in 2012 was £96, 000, which is £17, 100 less than the price you are intending to pay. The average factoring in houses and flats was £120, 728. Sir Williams Court, 198, 10, Hall Lane, Manchester, Manchester, Greater Manchester, M23 1WA a leasehold apartment recently sold for £79, 000 .
The most accurate way for home buyers to get an accurate and professional property valuation is to get a RICS Level 2 Survey (or Property Valuation Report) which includes a professional valuation by default.
A qualified RICS surveyor will go to the house as well as considering the large variety of area items affecting house prices.