While surveys can seem like an additional and avoidable cost when buying a home, where serious problems with the condition of the property are identified before the transaction is concluded, this can save you a considerable amount of money down the line. As part of our comprehensive conveyancing service, we will provide advice on the most appropriate survey to instruct and what to do if a survey detects problems, for example renegotiate the sale price.
Before a property can go on the market, the seller must arrange for a Home Report. The Home Report is made up of three different documents:
- A single survey – provides details of the property’s condition, such as the state of the walls and roof, and a valuation of the property.
- An energy report – provides information on the property’s energy efficiency.
- A property questionnaire – filled in by the current property owner and provides details on the costs involved in living in the property, such as the council tax band, and any alterations that have been made to the property.
You may wish to arrange a more in-depth survey of the property so you are fully informed before you buy. There are three different levels of survey:
- RICS Condition Report – the most basic survey and so is most appropriate for new builds in good condition.
- RICS HomeBuyer Report – investigates the property for certain defects, including structural damage and damp, and offers advice on repairs and ongoing maintenance.
- RICS Building Survey – this is the most comprehensive survey. It identifies hidden defects and provides repair and maintenance advice. It is highly recommended for older properties.
Contact our Conveyancing Solicitors Lanark, Motherwell, Carluke, & Strathaven, Scotland
Located in the heart of Lanarkshire, Davidson & Shirley are ideally placed to handle every aspect of buying a home in Scotland. We principally undertake property-related work throughout North Lanarkshire, South Lanarkshire, Ayrshire and Glasgow, and often further afield within Scotland. No matter where you are based, we have the expertise to help. Please contact us on 01555 662576 or fill out our online enquiry form for more information.