Building Survey (formally known as a structural survey)

A Building Survey is suitable for all residential properties with the exception of flats and provides a full picture of their constructions and condition, including roofs, chimneys, walls, floors, ceilings, doors and windows. It does not follow a fixed format. It is likely to be needed if the property is for example of unusual construction, is dilapidated or has been altered or where major renovation or conversion is planned.

Building surveys are usually tailored to the clients individual requirements. A Building Survey will provide advice on existing or potential problems, suitable remedial work and an estimation of repair costs. The surveyor will agree to comment on particular areas of concern, provided they fall within the surveyor's terms and conditions and they are within the guidelines laid down by the Royal Institution of Chartered Surveyors (RICS).

The Homebuyer Report

The homebuyer report focuses on essentials, for example urgent or significant defects and problems which may affect the value of the property.

The Homebuyer report is intended for conventional, residential properties e.g. houses, flats and bungalows that appear to be in reasonable condition and have not been subject to significant alterations since construction.

The report is written in a standard format and is around 10 pages in length. It is more comprehensive than the standard valuation and focuses on essentials (e.g. urgent or significant defects and problems which may affect the value of the property).

As a prospective buyer this report will assist you with making an informed decision on whether or not to proceed with the purchase and assess whether or not the property is reasonably priced. It will also assist you to be clear about what decisions and actions should be taken before contracts are exchanged. The surveyor will give his or her professional opinion on the particular features of the property that affect its present value and may affect its future marketability.

Valuation Report

A valuation report is not a survey, it is a basic property inspection to confirm suitability as security for a mortgage. It includes a valuation figure and estimate of rebuilding costs but can not be relied upon legally for recognising any major defects.