It’s wise to organise a basic survey to make sure the property you’re planning on buying is in good condition and is worth the money.
A basic survey will be organised by the mortgage lender as part of the application process. You may wish to instruct a more detailed survey (often called a homebuyers or buildings survey) for extra peace of mind – you don’t want to reach completion, move in to your new home and then realise it’s got subsidence!
If the surveyor highlights any problems with the property, it provides an opportunity for you to go back and negotiate on the price.
At Mallory Financial Limited, we can go through the survey options with you to support the decisions that are right for you.