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Castles_Hackney_March_2017online

What do I get in a Survey? I am often asked ‘what do I get in a survey?’ In other words people really want to know what they get for their money. It always seems expensive, but generally in terms of the price of the property it amounts to around 1 - 2% of the purchase price. When buying a property one does not look at it per se, but just makes an emotional decision to buy. The difference with a surveyor is that he looks at the property dispassionately without the emotional baggage. So how do I approach a survey? In examining a building, I look at it element by element following a mental check-list the basis of which is opposite. Looking at a property only gives an overall impression and this is not enough, you have to know what you are looking at and that is where my 20 years experience surveying residential property is invaluable. In addition to the check-list, the area in which the property is situated matters, such as nearby rivers or streams or other detrimental factors which would require further investigation by your legal advisers. The level of inspection does not differ in creating either a Homebuyers Survey or a Building Survey. The difference comes in the depth of reporting and the advice given. I hope this gives some idea about what you get for your Homebuyers or Building Survey and the advisability of obtaining one. It could save you money in the short term, by enabling you to renegotiate the purchase price or in the longer term by preparing you for likely repairs. Further advice can be obtained by contacting Castles Surveyors Ltd on 020 8804 5678 or by Email on enquiries@castles-surveyors.co.uk Frank Hill, MRICS is a Director and IT Manager and is responsible for research and development within the company. He has an Honours Degree is Estate Management and is a qualified Chartered Surveyor. Frank joined the company in 1997 and has been involved in the property market in North London since 1987. His experience and knowledge of the residential property in the North London is unparalleled and he is the key person for valuation data. surveyors@castles.london


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