When you are buying a property, a survey is essential to ensure you have all the key facts needed to make an informed decision on your purchase. However, some mortgage surveys are very basic and are aimed at financial value rather than giving an in-depth investigation into the property.
What are the differences between an independent and bank home survey?
Banks carry out basic surveys on the property to make sure you are not asking to borrow for more than the property is worth. They do not usually consider any issues that may be within the property itself.
An independent survey will find any faults/improvements needed and give you an in-depth insight into the property you are buying. You can then be rest assured that you are moving your family into a home that is safe.
What are the benefits of an independent home survey?
They are unbiased
When you get an independent survey, they are performed with you in mind. We want you to feel safe and we make no gains from telling you everything is right when it’s not. If the outcome is unfavourable, we will give you full details, equally if the outcome is good, we will keep you up to date. We give you an unbiased review of your property with all the information we find.
Working for you
This is very important. We work for you. You pay for an independent survey, and you get an honest and thorough survey. We work for you, if there’s something you don’t understand or what us to double check, we will do that. No question is too big, we are here to support and work for you.
Second opinion
Sometimes you need a second opinion. Once the bank surveyor has seen the property you might just want an independent surveyor who will take a more in-depth look to make sure that what the bank surveyor is saying is right. Keeping your family safe is key, so getting a second opinion on a property you are purchasing can be vital to going forward with the purchase.
Further assurance
Getting an independent survey will make sure you feel assured. We leave no stone unturned. If we uncover any issues, we will keep you informed. We will discuss all aspects with you and explain in detail any issues that may arise from the survey. To make you feel even more assured you are free to ask as many questions as possible you may have about the report, and we will answer them all ensuring you understand all the information you are given.
If you have any questions or queries regarding an independent survey contact us today.