| |
Lender's Valuation |
Homebuyer's Report |
Building Survey |
Type of Property |
All - a valuation is needed by most lenders |
Conventional properties in reasonable condition |
All properties but particularly suitable for :
- Listed Buildings
- Unusually constructed buildings
- Renovated buildings or one you are planning to alter/renovate
|
Type of Service |
Limited inspection just for the lender |
A mid price, mid range service using a standard form to
focus on only urgent or major problems |
A comprehensive and detailed report that can be tailored to suit your needs |
Reason for service |
To work out the property's value and pinpoint major faults or factors
that may affect your mortgage |
- To help you make an informed judgement on whether to buy the property
- To work out if the property is a reasonable price
- To be clear on the decsions and actions to be taken before contracts are exchanged
|
- To provide a report detailing the condition and construction of the property
- To highlight faults and advise on the repairs needed
|
Other features of service |
None |
Focus on urgent and major problems |
Details the propert's construction, materials used and major and minor faults |
Valuation Included |
Yes |
Yes |
No (but can be arranged as an optional extra) |
Report format |
Lenders will generally use their own standard form |
Standard format as defined by the RICS |
Detailed report in surveyors format or one that suits you |
