Shunning a property survey isn’t worth the risk

More families are deciding not to get a full building survey before they buy a new home so that they have enough cash to purchase the property they want.

According to The Royal Institution of Chartered Surveyors (RICs) buyers in this position risk sizeable repair costs if they find considerabel faults  that come as a nasty surprise after they committed to the purchase.

Research conducted by ComRes for RICs revealed that 20% of buyers who did not commission a survey uncovered faults at a a later date.

Buying a property is the biggest financial transaction you’re ever likely to make.  Employing the services of professional chartered surveyors can help you uncover any potential structural faults before you buy.

Posted by: Nicola Severn Categories: Buying, Buying Property, Industry News, Property News Tags: , , 1 Comment

One Response to Shunning a property survey isn’t worth the risk

  1. avatar Gary Mead says:

    We are carrying out more and more pre purchase survey reports on septic tanks and drainage systems as any potential highlighted issues can assist in a purchaser getting a better deal on the property asking price and also safeguard against future problems.