Royal Institution Of Chartered Surveyors
Surveyors who hold this qualification have spent a significant number of years at university and are very well-educated. They have a thorough understanding of the financing of property projects, management of all types of properties, from individual residential homes to commercial buildings and large blocks of flats. They are also experts of the structure of different properties. In addition to this they are able to value buildings and property from the point of view of rental fees and sale prices.
SAVA Home Condition Reports (RPSA Members)
Surveyors who are certified in SAVA Home Condition Reports are qualified to produce reports, which come with a warranty and detail the assessment of a property’s condition. In order to qualify for this role, the surveyor must have a full understanding of building materials and the maintenance needed for a specific property.
Surveyors can be used for property projects, for the following five reasons…
1. Selling Survey
It is wise to have a survey done, or at least a Home Condition Report, when you are planning on selling an old house. This could help you to prepare for any possible issues that would otherwise cost you the sale. With the knowledge you have from the report, you can either fix whatever problems are present, or adjust the price accordingly – giving you a much better chance of a successful sale.
This will save you the inconvenience and disappointment of having a sale fall through, or making an offer on a new property only to find you lose it because of the issue with your current home.
2. Problems With Damp
The majority of people I’ve talked to who have had damp problems have hired their plumber or builder to sort it out. This is not a good idea since damp is not a simple problem; in fact, it is highly complex. It may have been caused by the land underneath the building or the people who are living in it. The quickest and most efficient way to correct damp problems is to have them diagnosed by an expert who can recommend the correct solution.
3. Conversions, Extensions And Other Renovation Work
Having a surveyor check your property before extension or conversion work begins, and then during and after the renovation can help you to make sure that you are fully prepared for any challenges. This is particularly important in cases where party walls are involved. Party walls are walls you share with your neighbours. The assistance of a surveyor can come in handy if problems occur for yourself or your neighbours, that are caused by the builders. The surveyor’s professional, independent report will contain details of the condition of the property before and after building work began.
4. Property Investment Assessments
If you are considering buying a property for investment purposes, it is absolutely essential you have it assessed by a surveyor. As an expert, a professional surveyor can give you the true value of the property as well as its potential as an investment or rental project. Failing to seek specialist advice costs investors tens of thousands of pounds.
Assessing the investment potential of a property is a specialised skill, and requires a great deal of knowledge and experience. If you have limited experience in buying property, it is extremely important to use a surveyor to conduct an investment potential survey as well as giving you a renovation or maintenance schedule and assessing the condition of the property.
5. Living In A House For More Than 10 Years
Considering that most people live in their homes for approximately 20 years, it is essential that each homeowner uses a surveyor. I have a surveyor in every 10 years. I hadn’t lived in a property for that long before; however, after my dad died, my mum was left in a large, old house. I immediately got a surveyor to assess the property.
The point of having a house surveyed is to pick up any potential problems early enough to prevent them from becoming a major issue. Properties can suffer a wide range of progressive problems that develop over the course of several years, including drains and guttering that stop working efficiently, tiles and lead flashing missing from the roof, materials that deteriorate, “slipping” of the building if there are problems in the land underneath it, and of course damp.
Having a survey conducted once every 10 years will help you to plan ahead. It will give you the current status of the property, and allow you to foresee any upcoming maintenance that will be necessary over the next few years, allowing you to plan for the costs.