This is suitable for all residential properties and provides a full picture of their construction and condition, including the roofs, chimneys, walls, floors, ceilings, doors and windows. It is more comprehensive report than a Homebuyers Report and does not follow a fixed format. It is likely to be needed if the property is, for example, of unusual construction, dilapidated, has been altered or where a major renovation or conversion is planned.
A Building Survey will provide advice on existing or potential problems, identify suitable remedial work and provide an estimation of costs. The surveyor will agree to comment on particular areas of concern, provided they fall within the surveyor’s terms and conditions and within the guidelines laid down by the Royal Institute of Chartered Surveyors (RICS).
If the surveyor on any valuation has any major concerns, they can ask or recommend for a more in-depth report. The customer will need to arrange and pay for these reports. Most lenders will not lend on the property if these are not carried out. Here are the 4 main ones: