Thursday, May 20, 2010

What surveys do you have to get when buying a house and how much are they?

The house is a small terraced house, roughly 1900s-1930s

What surveys do you have to get when buying a house and how much are they?
You need to have a basic strucutral survey carried out, they will tell you if further surveys are needed if any problems are spotted such as damp, if you are getting a mortgage to buy this property then your mortgage lender should recommend and arrange for your survey to be carried out. It is usually classed as a valuation survey as they will value the property up and tell you if it is worth the asking price. Some mortgage lenders offer this service for free. If you arent getting a mortgage try contacting a company like Colleys and telling them that you need a valuation survey. Hope this helps.
Reply:A survey can cost you from a few hundred to several hundred dollars depnding on several factors.
Reply:you need a full structual survey which will cost a few hundred pounds and also a local search through the cuouncil which tells you local future developments which could affect the house you are buying
Reply:I have never heard of getting one from an architect...they draw house plans..they don't inspect homes.





It's just a property survey to verify the boundaries of what you are purchasing. Survey's run anywhere between $300-$500, depending on where you live.





Anyone purchasing a property should always get a survey...it can void your title insurance if you don't get an updated one when you purchase a home.
Reply:there are about 3 surveys you can have that range from about £150 up to about £700. I had the mid price one at about £400.00. Its always worth investing in in the best one if you can as it would uncover any structural problems
Reply:get a inspection from a architect.
Reply:If the purchase is being financed by a mortgage then the lender would normally arrange for a surveyor to produce a survey to see if the value of the house is worth the purchase price.


With houses of this age it's prudent to opt for a full structural survey. That way you'll know if the house is structurally 'sound'.


A house is probably the most expensive thing you'll buy so it's best to make sure that all is well before proceeding


No comments:

Post a Comment