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Homebuyers Survey in South London

Levels 2 and 3 Survey and Valuations

Before buying a flat or house only 20% of homebuyers choose to get professional property survey carried out. But doing so could save you a lot time, money and disappointment, after all your home is going to be the largest investment you will make in your life – so you should do it properly.

 

Once your lender has completed a basic mortgage inspection, which gives their advice on the value of a property and is often carried out by a valuer rather than a Chartered Surveyor you can choose from one of two of surveys:

 

Level 3 Report

This is a detailed report which we recommend for properties built before 1950, it provides comprehensive details of the property’s construction, materials, uses, and defects. It includes a detailed assessment of the condition of the property and provides technical advice on problems and on remedial works. The Level 3 Report will also contain pictures of the property and the defects and the estimate of the costs for carrying out the repair works to the property.

 

The Level 3 report can also be used as a bargaining tool to renegotiate a reduction of the agreed purchase price of the property, as the report will list defects and provide estimated costs of repair this will save you from having to contact contractors for pricing the source of our estimates of repairs is based upon the BCIS Cost Guide published by the Building Cost Information Service of the Royal Institution of Chartered Surveyors. The costs are intended to indicate the approximate financial magnitude of the defects; they are not intended as procurement advice.

 

Level 2 Report

This is suited to conventional properties that are apparently in a reasonable condition.

 

The report covers the inside and outside of the building, the services and the site and includes:

  • details of the general condition and particular features of the property.

  • colour-coded condition ratings for elements of the structure of the building, the services and any garages and permanent outbuildings.

  • particular points you should refer to your legal advisers.

  • specific risks associated with the property.

  • other relevant considerations – for example, the location, the local environment,
    and the energy performance of the property (if this information is available).

 

The report will include the Market Value of the property and a reinstatement cost assessment of the property for buildings insurance purposes.

My fee for Level 2 is £400 and for Level 3 is £600.

Here is a list of some of the checks that are carried out on a our surveys:

Property Defects

Are you looking to understand the common defects affecting UK residential houses and flats? 

We recommend engaging our services as our inspection and  reports will identify the following if they are within the property you wish to purchase.

 

1. Damp and Moisture Issues:
Discover how dampness and moisture impact residential properties, from rising damp to condensation problems. Learn effective prevention and treatment methods to safeguard your home against moisture-related damage.

 

2. Structural Weaknesses:
Uncover the signs and implications of structural weaknesses in houses and flats, including foundation issues, subsidence, and cracks. Explore expert solutions to strengthen the structural integrity of your property and ensure long-term stability.

 

3. Electrical Wiring Concerns:
Delve into the safety hazards associated with outdated or faulty electrical wiring systems in residential properties. Learn how to identify potential risks and prioritize electrical inspections and upgrades to enhance safety and compliance.

 

4. Plumbing and Drainage Challenges:
Navigate the complexities of plumbing and drainage defects commonly found in homes, such as leaks, blockages, and poor drainage. Gain insights into preventive maintenance strategies and professional solutions to maintain optimal plumbing performance.

 

5. Insulation Deficiencies:
Understand the impact of inadequate insulation on energy efficiency and comfort levels within residential properties. Explore the benefits of proper insulation installation and upgrades to reduce heat loss, lower utility bills, and create a more sustainable living environment.

 

6. Roofing Problems:
Examine the various roofing issues that can compromise the integrity of residential properties, including leaks, missing shingles, and structural damage. Discover effective roof maintenance practices and repair solutions to safeguard your home against weather-related damage.

 

7. Pest Infestations:
Learn about common pest infestations affecting UK homes, such as rodents, insects, and woodworms, and their detrimental effects on property condition and hygiene. Explore proactive pest prevention measures and professional pest control services to maintain a pest-free environment.

 

8. Ventilation Deficits:

Uncover the importance of proper ventilation in residential properties to prevent moisture buildup, indoor air pollution, and mold growth. Explore ventilation solutions and best practices to promote a healthy and comfortable living environment for occupants.

Our reports will informed and provide  proactive advice on addressing these common defects to maintain the value, safety, and livability of your prospective purchase.

For expert guidance and professional assistance, contact ACL Surveyors today.

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