Although it’s recommended by property experts, solicitors and mortgage companies, only around 40% of home buyers decide to get a private survey. This can be a costly mistake as you potentially face unexpected repair costs for defects that you weren’t aware of.
A survey costs a fraction of the price of a property and for this this small initial cost, you will be able to confirm if the property is worth investing in, protecting the future of your investment.
Looking After Your Biggest Investment
Buying a property is the biggest purchase most of us will ever make. Making sure there are no hidden surprises by instructing a survey can potentially save you thousands of pounds should the property you are buying have any defects.
Having a survey carried out will highlight any potential problems with a property and advise you of specific risks before you commit to buying. If the survey does reveal any problems, it puts you in a position to ask the seller to fix them, or gives you the chance to renegotiate the price, before you proceed with the purchase. In other words, a survey is like a health check on your future home.
If the survey report does highlight defects that require costly repairs, it doesn’t mean you have to immediately look for another property because you can use the issues in the report to your advantage to save money.