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.