A mortgage valuation is NOT a survey

If you are borrowing money to help you buy your home the lender will obtain a valuation report for them, this is less detailed than a survey and, you may never see it. It is designed to help them decide if it is safe to lend you money. Increasingly it is a desktop exercise or maybe a ‘drive by’ without anyone ever properly inspecting the property.

At Crookshank & Co surveyors we will help to talk you through the homebuyers report when you first make an enquiry. After the inspection of the property we are on hand to answer any questions the report may have raised and go through the implications.

When to get a Homebuyers survey

Buying a house is likely to be one of the most expensive and stressful purchases you will make in your life. That is why you want to make sure that you buy it with your eyes wide open. A Homebuyers report gives you a good idea of the condition of the property and any major works that you may want to discuss with the vendor before you buy it. At Crookshank & Co we have extensive experience in the Stafford/Stoke-on-Trent area and can provide detailed local knowledge.

What a Homebuyers survey includes:

• An inspection of all major elements of the property. For example roof, walls, floors, gutters, windows, heating, drainage.
• Provides a traffic light report rating items from red requiring urgent action to green for no action required.
• Photographs included in the report of all relevant areas.
• Identify areas were you need to consult a legal advisor to investigate further.
• A valuation of the property.