Home surveys are conducted to assess the condition of a property before purchase. Different types of home surveys provide varying levels of detail and are suited to different types of properties and buyer concerns. Here are the main types of home surveys:
1. Condition Report (Level 1 Survey)
- Purpose: Provides an overview of the property’s condition.
- Detail: Basic survey suitable for newer homes or properties in good condition.
- Features:
- Highlights urgent defects needing attention.
- Does not include detailed advice or a valuation.
- Uses a simple traffic light rating system to indicate the severity of issues.
2. Home Buyer Report (Level 2 Survey)
- Purpose: Offers more detail than a Condition Report.
- Detail: Suitable for standard properties in reasonable condition, such as those built in the last 50-100 years.
- Features:
- Identifies structural problems like damp and subsidence.
- Provides advice on necessary repairs and ongoing maintenance.
- Includes a market valuation and insurance rebuild cost.
- Uses a traffic light system to rate the condition of different elements.
3. Building Survey (Level 3 Survey)
- Purpose: Comprehensive analysis of the property’s condition.
- Detail: Suitable for older homes, larger properties, or those in poor condition.
- Features:
- Detailed examination of the property’s structure and condition.
- Reports on visible and potential hidden defects.
- Provides guidance on necessary repairs, their urgency, and estimated costs.
- Does not usually include a market valuation unless requested.
4. New Build Snagging Survey
- Purpose: Identifies defects and issues in new build properties.
- Detail: Specific to new homes, typically conducted before the builder’s warranty expires.
- Features:
- Highlights minor and major defects or unfinished work.
- Ensures the property meets building regulations and standards.
- Helps buyers get issues resolved by the builder before moving in.
5. Specific Defect Survey
- Purpose: Focuses on a particular problem or concern.
- Detail: Suitable if a specific issue is identified, such as damp, roof issues, or structural cracks.
- Features:
- Thorough investigation and analysis of the specific defect.
- Provides detailed recommendations for repairs or further actions.
Choosing the Right Survey
The type of survey you choose depends on several factors:
- Property Age: Older properties may benefit from a more comprehensive survey like a Building Survey.
- Property Condition: Homes in poor condition or those with visible defects may need a more detailed survey.
- Buyer Concerns: If you have specific concerns, a Specific Defect Survey or Building Survey may be appropriate.
- Budget: More detailed surveys are generally more expensive, but they provide more comprehensive information.