Will my Westminster survey give a property valuation and cost of rebuild estimate, and how is it calculated?
A RICS Level 2 Survey in Westminster will include a valuation and a reinstatement cost as standard and covers an estimate of the cost to rebuild outbuildings and retaining walls.
To properly provide an accurate value estimate, the surveyor will combine their knowledge of the local property market with other things about the property (e.g. the number of bedrooms, or size of garden), the architecture and construction type, key assumptions (such as there being no serious defects, and no legal complications with the sale of the property), access to transport links and amenities, connection to mains utilities (i.e. gas, water, electricity and drainage), and environmental issues such as proximity to recycling centres or being under a flightpath.
A RICS Level 3 Survey does not include a valuation as standard, but Surveyor Local can add one for a small additional fee. Alternatively, a Property Valuation Report (PVR) can be carried out, if you aren’t interested in the structural assessment.
Give Surveyor Local a call on 0800 022 4428 to discuss your surveying needs.
I am purchasing a Westminster house and am a little concerned that the foundations are at risk. Can we expect the RICS Level 3 Survey to mention this, and will the surveyor advise on the upkeep?
Negative effects that clay soil might have on a structure can create long-term problems for buyers. Specific problems include considerable shifts in soil volume caused by variable moisture content, capable of irreparably damaging a home if it remains untreated. The composition of clay soil varies greatly, with some areas being more susceptible to clay soil subsidence than others, but the effects can be very similar. For example, small cracks in the living-room wall may be benign, or a possible clue that should prompt a more thorough investigation.
Fortunately, there are steps a home-owner can take. Your surveyor should highlight maintenance options in their report, like immediately acting to remove standing water around a property, following heavy rainfall or flooding. Isolated patches of wet and dry soil can just as easily warp foundations, so care must be taken to ensure the overall moisture level of the clay soil around the foundations stays consistent.
For your instant Westminster Home Survey quote from Surveyor Local, you can obtain one by filling in a few details in the form at the top of this page, although you can also talk to someone about your concerns on 0800 022 4428.
We are purchasing a residence in Westminster, but will the surveyor check for signs of water damage?
It is estimated that over two million properties are exposed to flooding across the country, and buyers cannot know that insurance against flooding will continue to be available as insurance firms boost the premiums to cope with the increase and severity of the claims in recent years.It is strongly recommended that prevention methods are considered, before flooding occurs, and a property surveyor will advise on repairs or preventative measures that need to be taken. Section J of the survey report (Risks) contains details, where applicable, of flooding risks found within the boundaries of the house or on adjacent sites. The Environment Agency provides a flood-risk alert service, which also includes details of local rivers and other bodies of water prone to flooding.
Worried about what to do about any adverse revelations in the survey report? Call Surveyor Local now on 0800 022 4428 to talk through your issues with one of our friendly advisers.
There is a flat in the Westminster area priced at £915,000. What things does a surveyor consider when calculating house prices in Westminster?
A qualified RICS surveyor will go to the property as well as considering the wealth of area knowledge and factors that have a bearing on the value of property. There are a huge number of issues that could affect house prices (for example, the quality of nearby schools, or whether the garden is overlooked). It can help to benchmark selling-prices recorded for similar properties in Westminster.
This means the average price of completed transactions for detached houses in Westminster in June 2018 was £902,223, which is £12,777 less than the asking price for the cited property. With regards to other types of property, the averages for the same month in Westminster were:
Information © 2018 HM Land Registry. Retrieved from HM Land Registry website on 20 August 2018
An impartial way to get a formal house valuation is with a RICS Level 2 Survey, which includes a Property Valuation Report (PVR) as a core component. A qualified RICS surveyor will be part of the Valuer Registration Scheme, which reinforces professional standards.
If you need further guidance, why not try our online Home Survey Quote generator (scroll to the top of the page and fill in a few pieces of information) or call our team on 0800 022 4428.
On a RICS Level 2 Survey carried out in Westminster, what are common ‘condition rating 3’ defects that could impact joinery and finishes?
The RICS Level 2 Survey is intended to be easy to read and understand, unlike less prescriptive surveys that may offer more complex detail, but they are also less useful for house-buyers deciding whether to purchase a house.
The report employs 'traffic light' ratings of red, amber and green (condition rating 3, 2 and 1, respectively), which provides a visual indication of how serious the issues which the surveyor has discovered are. Red indicates that particularly concerning issues have been found. Defects marked in red may also need further inspection by an expert (e.g. where asbestos is suspected to have been used in the house's construction). Another example of a defect that is red-rated would be rusted metal sidings. They are visually inspected with the aid of binoculars where appropriate.
Eager to get your survey under way? Call Surveyor Local on 0800 022 4428 to appoint one of the best chartered surveyors in the country.
Damp in the attic caused problems in the past for us, and we are wary of potential roofing issues. What advice would the RICS surveyor give in their Westminster report?
Houses in Westminster in otherwise good condition can often hide roofing problems. From ceiling joists to clay tiles, all aspects of the roof will be considered in the survey. There are also numerous flat-roofed properties in Westminster, including many apartment blocks. In these cases, the property surveyors will look for a range of signs, including being literally flat, as opposed to on a small incline so that water can drain correctly.
In the past, roof maintenance would be carried out with just ladders and 'crawler boards'. This practice is terribly unsafe, and contractors today will insist that scaffolding be used, even in busier parts of the town. A quote for the work could be sought from a reliable roofing specialist and used as a bargaining tool in any renegotiation you decide to go for with your vendor.
Your most cost-effective option for a survey is with Surveyor Local. Fill in a few details in the form at the top of this page and, when you’re ready to appoint your surveyor, call us on 0800 022 4428.
Will pests affect the purchase price of a house in Westminster, and what can we do if an infestation is identified?
Any questions about pests affecting a Westminster building may not be asked by the lawyer, as it isn’t part of the current conveyancing process, because it is not a legal requirement for the vendor to admit any existing pest problem. Unfortunately, the impact to a house and its inhabitants can affect the health of residents and affect its value.
Evidence of pests may not be easy to find. For example, bed bugs do not live in mattresses, as is commonly thought, but in cracks in the bedframe, or around the room, and will feed on the host at night. Remedies to vermin can include use of insecticides, or removal or excision of affected timber. Rather than pulling out of the transaction in such cases, it may be possible to agree a reduction in the purchase price to cover the cost of remedy.
When you appoint a chartered surveyor with Surveyor Local, you get someone who is well-versed in all types of issues arising from a survey. You can appoint yours today by calling 0800 022 4428.
Do stone-walled homes in Westminster generate lots of maintenance costs for owners? Which major problems should we consider, and what will the survey reveal?
Britain's rich geology has encouraged the use of many varieties of stone in construction, from Mountcharles Sandstone to Broadway Dark Cream Limestone. Issues impacting the lifespan of stone-built elements are as diverse as the stone varieties themselves.
The two main forms of mortared stone wall construction found in Westminster are regular (i.e. cut into blocks) and irregular (i.e. more rugged in appearance). Dry-stone construction is used in garden walls and field boundaries, but is rarely employed for inhabited structures. In addition, lime mortar may feature in the building's construction, which is susceptible to erosion faced with the elements.
Maintenance tips include careful removal of nearby trees and plants. Be vigilant not to pull these up by the roots, as they could already be intertwined with the wall's foundations, which will cause more damage.
The sheer breadth of varying stone materials can make it difficult for purchasers to correctly identify the stone used in the building of a home. Quarries in Westminster should be able to supply local stone. Or you can contact the British Geological Survey to purchase their stone-matching service, which costs £500, including VAT (information correct as at 17 August 2018).
Get your instant quote from Surveyor Local by scrolling to the top of this page and filling in a few details in the form. When you want to set an appointment for your survey, call us on 0800 022 4428 and talk through your plans with one of our advisers.