Trustworthy Property Surveys

What is a Property Survey?

Property surveys are a crucial step often overlooked during the property buying process. Unlike mortgage valuation, which simply assesses the property’s worth, a property survey offers a more comprehensive report on the property’s condition. It ensures alignment with legal descriptions and official records. This detailed insight equips you, as the buyer, with the information necessary to confidently proceed with the purchase or negotiate terms.

Different types of property surveys

There are different types of property surveys to fit your specific needs.

• Level 1 Condition Report: Conducts a quick overview of the condition of modern properties.
• Level 2 HomeBuyer Report: Inspects the condition of traditional family housing stock for first-time and family buyers.
• Level 3 Building Survey: Provides a thorough analysis to uncover issues and defects and includes detailed repair recommendations and maintenance advice for property longevity and value.
• Snagging Checklist Survey: Uncovers hidden defects and issues in new-build homes.
• Prime Property Survey: Involves expert RICS surveyors of high-value properties (£2m and more) with knowledge of valuation nuances and complex building pathology.

Why is a property survey necessary?

A property survey brings several benefits:

• It protects YOUR investment. It’s not like a mortgage valuation that’s done for the welfare of the lender. A property survey is for the buyer. It assesses the property to determine if it’s a worthy investment.
• It saves money. Some defects get progressively worse if not attended to immediately. Buyers who fail to get a survey face an average of £5,000 to £12,000 in repair costs*.
• It gives you a reason to negotiate terms. Costly defects can be used to negotiate the purchase price – either to deduct from the price or have defects rectified by the seller before the purchase is completed.
• Empower your property purchase to confidently negotiate the best terms. Let our RICS Regulated Chartered Surveyors provide an in-depth property survey to define the conditions of a property and ensure it aligns with legal descriptions and official records.

How property surveys affect the conveyancing proces

• At Muve, we care about your property investments and we are dedicated to keeping the conveyancing process straightforward to ensure a faster exchange.
• A property survey will help get any defects and property issues out of the way so you and your estate agent can raise concerns with the seller immediately. While we won’t negotiate the price for you, we will give you insights and relevant advice that will lead to a smoother transaction with minimal hassle.

Why choose Arnold and Baldwin?

Muve chose to partner with Arnold & Baldwin because we have the same dedication to delivering excellent customer service. This partnership assures us that our clients will get high-quality service that’s both efficient and time-sensitive.

Arnold & Baldwin is a firm of Chartered Surveyors led by an industry leader in residential surveys and valuation. They are regulated by RICS (Royal Institution of Chartered Surveyors) where all their surveyors are accredited associates or members. They are honest and approachable experts who focus on minimising investment risks

Over the years, they’ve worked with more than 200 lending institutions – with an average of 6,500 inspections done in a year. They’ve won numerous awards like the Mortgage Strategy Awards, The British Specialist Lending Awards and The British Mortgage Awards.

They have the most extensive range of survey options that even include new build snagging surveys, drone surveys and many more.

We’ll connect you to get a consultation call. In this call, you can discuss concerns with the surveyors before the actual property survey so you can study your options and make an informed decision about the type of survey report you want to get. Find out more about Arnold & Baldwin’s property survey services.
Please get in touch with our Survey team to book your survey report at- 020 3923 8450.

*Source: https://www.housenous.co.uk/advice/common-property-faults-to-look-out-for/