Let’s picture you’ve just bought your first home, you’ve unpacked all your boxes, you’re tucked up in bed and can’t wait for the future – fast forward 5 years down the line and you wake up to the roof collapsing in or your floorboards sinking, not great right?
Unless you are a building expert yourself, I strongly suggest you get some sort of property survey carried out at your property or potential property. Without one, you could be facing major consequences in the future which are often detrimental to your home if not foreseen.
Every property needs a survey at some point in the purchasing or selling process. Just like we would service our vehicles after a certain period of time, a home is no different and needs a little TLC every now and again.
If you are one of the responsible homeowners out there who is looking to get a survey, you need to know which Home Buyer’s Report or Structural Building Survey is suitable to your needs, so that you can make a sound decision yourself. (or call me on 01983 731 198 to get professional advice)
The Devil Is in The Detail
The Home Buyer’s Report (HBR) is very much like the Structural Building Survey (SBS) in which it is detailed but it is the SBS that comes out on top. Although the HBR covers all necessary areas at your property including structure, condition, rotting materials, damp and other problems, it falls short of detail when compared to the SBS.
Although the SBS has more detail, it is only required when a property is due to undergo building work just after purchase or in the near future.
Pounds, Not Pennies
Of course, one of the major differences is the cost. Although some home surveys can cost pounds rather than pennies, it really pays to get a professional survey carried out. An SBS can cost somewhere between £600-£2,000 whereas a HBR will only set you back £200-£500.
When you really think about it, is there a price on safety within your home? I think not!
Privacy Vs. Invasion
The next difference between the two surveys is the level of intrusion each takes at your property. The HBR merely scratches the surface when it comes to picking through your underwear draw (not really) and the SBS goes into great detail throughout each room.
“The surveyor will not look behind furniture or under floorboards, so they’ll only be able to identify ‘surface-level’ problems” in a HBR, Which?.
With the SBS checking under floorboards, your roofing materials and so much more, you are more likely to use this survey when you are really concerned about the condition of the property or if it is of an older age.
Advice from an Expert
After reading this whole blog you may be asking yourself, which one do I choose? Well, you’re not alone! I often get asked which survey is best for my client’s properties. The answer to that question ranges every time and honestly depends on the state of the property you have in mind.
The simple answer to this is the Home Buyer’s Report. Covering all of the basics and giving you a sound idea on the condition and structure of your property, you can rest easy knowing you are in safe hands of an experienced, RICS approved surveyor like myself.
If there are any errors found in your potential property, you can use them as a bargaining tool to lower the price or get them corrected before the papers are finalised.
To arrange a phone call consultation or to enquire about any of the surveys I provide, simply call me on 01983 731 198. Don’t waste time and hope for the best with your property, get the right answers quickly and make sound structural decisions on what steps to take next.