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Arranging valuations and surveys

All surveys will make recommendations and highlight any faults found together with a possible cost for repairs. Having a survey done on the property you intend to purchase is an essential part of the home-buying process.

The results of a survey can have an affect on the property’s value and, consequently, can affect your decision to proceed with the purchase.

Valuation (mortgage valuation report)
The lender will only provide you with a formal mortgage offer once this has been satisfactorily completed.

This survey is very basic and won't highlight all of the factors that might cause problems in the property. For added peace of mind you should think about having a more detailed survey undertaken.

Homebuyer's Survey
Although this is a more extensive inspection of the property, the surveyor will only be able to comment on the apparent condition of the property and cannot be expected to see things hidden beneath carpets or furniture. If a major problem is found, then a more detailed inspection can be arranged.

NB. Surveyors are also not responsible for testing wiring and water supply. They can only comment on the apparent condition and a full inspection should be undertaken by an electrician or plumber if you have concerns.

Full Structural survey
This survey is extremely thorough and can last for several hours on all visible parts of the property and can be fairly expensive.

Step 6
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