BUYING A PROPERTY

Building Surveyors

Once you have found the property you want to buy it is important to get a surveyor's report about its overall condition. A surveyor is a qualified building inspector who can identify any problems or weaknesses with your prospective purchase.

There are three different types of survey:-

•  Valuation: this will be carried out by your mortgage company if you need a mortgage to buy the property.

•  Homebuyer: this is a basic survey that will give you a general overview of the Property.

•  Full structural: recommended for older properties and those in need of work, or simply for peace of    mind. Although expensive, this is often worthwhile.

To find a professionally qualified surveyor in your area, contact the Royal Institute of Chartered Surveyors (RICS) at www.rics.org

If you buy a house that is less than 10 years old, it may be covered by the National House Building Council (NHBC) Buildmark Scheme or some other warranty. The warranty will transfer to the new owner and will only cover some defects that appear after the house has been sold.

For more information visit www.nhbc.co.uk

For more advice on buying click through the other pages in this section.

• How to buy better
• Arranging a mortgage
• Valuing the property
• Make the best of viewings
• Negotiating the price
• Instructing a solicitor
• Home Information Packs
• Buying Advice