Choosing the Right Building Survey When Buying a House

Purchasing a home is an exciting yet significant investment, and ensuring the property is in good condition is crucial. The best way to achieve this is through a building survey. However, with various types available, it can be challenging to determine which one suits your needs. This guide will help you understand the different surveys and select the most appropriate one for your house purchase.

1. Condition Report

The Condition Report is the most basic survey, offering a high-level overview of a property’s condition. It uses a traffic light system to highlight major risks or urgent issues. This type of survey is ideal for newer homes or properties in apparent good condition. It’s not extensive, but it gives peace of mind by confirming there are no visible serious defects.

Level 2. HomeBuyer Report

The HomeBuyer Report is more detailed than the Condition Report. It evaluates both the inside and outside of the property, providing a more in-depth analysis. This survey is suitable for conventional properties that are in reasonable condition and less than 50 years old. The HomeBuyer Report can uncover issues such as dampness, subsidence, or problems with the roof, windows, or insulation. It will typically cost between £500-750.

Level 3. Building Survey

The Building Survey, formerly known as a Structural Survey, is the most comprehensive option. It provides a detailed assessment of a property’s condition, covering all accessible areas. This survey is recommended for older or unusual properties, those with extensive renovations, or buildings you plan to renovate. It’s also ideal if you have concerns about potential structural issues. The surveyor will produce a thorough report, highlighting major and minor defects, potential hidden problems, and future maintenance recommendations. Prices for a Building Survey range from £750 to £2,000, the wide range of cost will reflect the property's size and complexity.

Which Survey is Right for You?

Your choice of survey should reflect the property’s age, condition, and your plans for it. For new, conventional homes in good condition, a Condition Report or HomeBuyer Report may suffice. However, for older properties, unique buildings, or those requiring significant work, a Building Survey is advisable.

Investing in the right survey can save you from unexpected repairs and provide valuable information to make an informed decision. At FindlayJackson, we will advise you on the correct level of survey based on the property you wish to purchase. Please contact us for chat about which survey is right for you.

You can read more about the types of survey on the Royal Institute of Chartered Surveyors website HERE.

Also read this on Medium.