Should I get a RICS Level 2 Survey, Full Structural Survey or RICS Level 3 Survey for a home in Redhill and which one is cheaper?
The Full Structural Survey has been renamed by RICS as a RICS Level 3 Survey, however it is essentially the same level of survey.
If the Redhill property is a flat or maisonette, or is 100 or more years old, or has been substantially modified, or is of non standard construction, RICS recommend a cheaper RICS Level 2 Survey.
If you intend to make significant alterations, you should you book a RICS Level 3 Survey. This option is not as cheap, but it does give you an in-depth analysis of the Redhill property's state of repair and it includes advice on structural defects , repairs as well as maintenance options .
If in doubt why not obtain an instant Redhill Home Survey Quote online or call us 0800 022 4428 to speak to a member of our team.
Do all Redhill surveys include a valuation and cost of rebuild estimate (including the cost of reconstructing a garage) and what does it include?
A RICS Level 2 Survey on a Redhill property will contain an independent valuation as well as a reinstatement cost as a standard part of the survey. When calculating the market value your chartered surveyor will refer to experience of property in Redhill and other factors relating to the property e.g. square metres.
Surveyors also reflect on materials used and draw upon key assumptions e.g. no damaging building techniques have been employed.
A RICS Level 3 Survey does not include a valuation as standard. A valuation can, however, be added for a small additional fee. Alternatively a Property Valuation Report (PVR) can be carried out. It will also be assumed that there aren't any problematic legal problems like planning permissions being in order. These will be investigated by your legal representative.
Further area assumptions, such as stairway access to a maisonette or service connections, are made as well as any significant environmental concerns like local industry, which are also considered as part of the valuation.
In a Redhill RICS Level 2 Survey, what will 'E1 - Chimney stacks' refer to?
RICS Level 2 Survey are transparent, detailed surveys of residential property, unlike some more complex survey reports. Green, orange and red ratings are an indication of to what extent each defect requires attention. Not inspected' is used to indicate those subsections of Section E which do not apply to the house or flat. Where the surveyor is unable to gain access to some areas, e.g. the roof of a block of flats, these aspects of the report will not be completed.
In Redhill, examples include inadequate combustible clearances in the flue. Elements of the property reviewed by Section E are visually inspected if the roof is difficult to access.
Is £205, 114 the right sort of price to be buying a flat in RH1 in Redhill for. What considerations will a Redhill qualified surveyor evaluate on a survey ?
A myriad of factors exist that can add to or subtract from property values such as the quality of nearby schools or the amount of accommodation it offers. It is useful to consider flat prices achieved in the area for comparable properties. The average flat price recorded at the Land Registry between Jul and Oct 2012 was £176, 614, which is £28, 500 less than the amount you are paying. The average factoring in houses and flats was £258, 780. 18, Stychens Close, Bletchingley, Redhill, Tandridge, Surrey, RH1 4NY a leasehold flat recently sold for £163, 000 .
The most reliable way for you to get a formal home valuation is to get a RICS Level 2 Survey which includes a Property Valuation Report as an inclusive part. Your chartered surveyor will be officially part of the Valuer Registration Scheme.
A qualified RICS surveyor should visit the home as well as considering the wealth of area issues that can impact on values.
The neighbour commented that there could be some brown asbestos roof tiles affecting the house. What are the issues with asbestos?
Asbestos is a potentially fatal material formed from metamorphic rocks. Chrysotile (White), Amosite (Brown) and Crocidolite (Blue) were commonly found in the building materials such as cement.
Asbestos was commonly used as it has excellent sound absorption qualities and it may be found in ceilings. Technically all forms are hazardous and might lead to lung cancer or pleural disease if inhaled over sustained periods. Its existence does not necessarily constitute a risk to health.
If found, care should be taken not to break asbestos and professional advice must be taken urgently. You should never try to disturb it yourself. Surveyors cannot verify the presence of asbestos on a survey. However they will report on possible asbestos during the Redhill survey and will offer advice.