
The purchase of a property is one of the biggest investment decisions that an individual or family is likely to make in their lifetimes- especially with the prices of property nowadays! How many other investments such as this are you likely to make?
Most property purchases require a mortgage- and the interest payments related thereto, most have additional legal costs attached to the purchase and often properties require work doing to them when you eventually get to move in. With all of this the costs of the investment increases still further.
As one of the most stressful decisions that you will face is it any wonder that even bodies like the Consumers Association recommend that you get your own survey done before you complete your purchase.
A decision of such significance should be made once all the available information has been gathered- it therefore makes sense to have a detailed knowledge of a property’s condition. Whilst all may look well on those first and second viewings often complex problems may be hidden behind superficial décor and coverings. Expert eyes are able to detect structural defects and problems that may arise as a result of alteration, extension or modernisation of a building’s structure.
It therefore makes sense when you are spending tens or hundreds of thousands of pounds on your purchase to invest in a survey at a minor percentage of the overall cost for the peace of mind that all is well, and if is not well then renegotiate the price or select a new property but either way think of the survey as an investment in saving money.
Your own survey before you buy may save you unpleasant surprises and costs once you move in. Quite simply it minimises your risks. |