411homerepair.com

The Basics on Getting a Survey for a Piece of Property: All the Facts You should Know

by Newsy Siso on Apr 22, 2016

If you are interested in a piece of property and are already in the process of acquiring it, then good for you! But you should know above all else that there are certain procedures that you simply could not do without if you want to make sure of your property purchase. One of the foremost procedures that are included in purchasing a piece of property is the survey. So what should you expect from the survey, and how should you go about it?

The two major kinds of surveys for older pieces of property

buying home

Not many individuals may be aware of this, but there are two major kinds of surveys for a property. One is a simple report for home buyers. This type of property survey would usually cost from £300 to £400, and is often appropriate and recommended for conventional or standard pieces of property which are also not more than five decades old.

The second type of property survey is more for properties that are older or are a little less standard (read: eccentric or oddly-built).  This kind of survey, as you may imagine, is more structured and a lot more detailed, and it covers almost every aspect you can think of. The second kind of survey can cost as much as £1000 – but, even with this type of expense, you know that it is more than worth it. Why? Because since it’s so detailed, you can be sure that everything is looked into and there is virtually no stone unturned – and you can be more assured of your property purchase. And, with the second kind of survey, you may also be able to negotiate a better price if there is something rather unexpected or untoward about the piece of property that is discovered.

Surveys for new builds

But even if you are purchasing a newly-built home or residence, you should still get a survey. It’s in your best interest, anyway, because if there are any defects found, you should be able to arrange with the builder or developer to make corrections before you make the final arrangements and purchase the property.

What you can do

When having a survey done on the property, it would be a good idea to accompany the property surveyor. This way, not only will you see what they are doing – they may also be able to tell you some aspects of the property which they may not remember when writing their report.

There are many properties for sale today – and at good prices. Getting an appropriate survey, you should have a better guarantee on the property and should be able to make the right choices in the end. 

Latest Articles

Understanding Indonesia’s Real Estate Investment Laws for Foreigners

Indonesia, with its stunning landscapes, deep-rooted cultural heritage, and renowned hospitality, has emerged as a top destination for foreigners...

on Jan 25, 2024

Real Estate Development in Asian Cities

In many Asian cities, the rapid pace of urban development has led to the decline of historic districts, areas once teeming with cultural richness...

on Jan 25, 2024

Shower Envy: Elevating Your Bathroom with a Stunning Walk-In Shower

Are you tired of the same old routine in your bathroom? It might be time to consider a change, and one way to elevate your bathroom to a new level...

on Jan 22, 2024

Exploring Crowdfunding as an Innovative Approach to Real Estate Investment

The landscape of property selling has been transformed significantly due to the advent of property crowdfunding. This innovative approach,...

on Jan 10, 2024

The Rise of Co-Living Spaces in Asian Cities

Asia, home to 21 of the worlds 30 largest cities, is a significant player in the global economy, contributing 38% of the goods and services of the...

on Jan 5, 2024

Actions

More DIY Articles

Stepwise Plan to Repair Your Old Home

Living room is the place of a house where the guests enter first and have the impression about the house and the homeowner. Be the living room...

Improvements / Remodeling

5 Awesome Gifts Every Homeowner is Going to Love

You’ve been invited to a housewarming party and haven’t got the slightest idea what to get. Here are five awesome gift suggestions to...

General Household

Warning Signs That You Should Know If Your HVAC System Needs Cleaning

Inside your air conditioning system, fine dust accumulates on air duct surfaces, coils, vents, and motors. What is more, layers of dead hair and...

Cleaning / Maintenance

6 Essential Rules for Hosting an Open House That Will Lead to a Sale

Whether you are in the process of attempting to sell your home, or if you are yet to put your house on the market, you are probably hoping that it...

Real Estate / Finance

5 Real Estate Investment Ideas You Need to Know

Just like any other business, real estate investment comes with a number of risks. Though there are many associated success stories, should a...

Real Estate / Finance

Contact Us | Submit Article | 411homerepair © 2024