• Valuations: Unlike a survey a Valuation is simply a limited check on the property to ensure it’s worth the money a purchaser is paying. Useful for those purchasing without a mortgage. If purchasing with a mortgage then the lender usually carries out their own valuation.
• HomeBuyer Surveys: Focus on urgent matters needing attention and not every detail of the property. Not suitable for properties needing renovation / major alterations. Includes:
  • General condition of the property & major faults in accessible areas of the building
  • Urgent problems that need inspecting by a specialist before contracts are signed
  • Test results for damp in the walls & woodworm or rot damage to any timbers
  • Condition of damp-proofing, insulation and drainage (Although drains aren’t tested)
  • Estimated cost of rebuilding the property for insurance purposes and open market value
• Building Surveys: Comprehensive inspection survey of a building tailored to suit the property and a purchaser’s specific requirements. Examines all accessible parts of the property – purchaser can request areas of focus if there are specific concerns. Advised for:
  • Listed buildings, older properties and unusually constructed buildings of all ages
  • Buildings that have already had extensive alterations
  • Renovation properties or those with significant alterations planned
• Building Surveys can include information on:
  • Major or minor defects possible implications and cost of repairs
  • Test results for damp in the walls and woodworm or rot damage to any timbers
  • Condition of damp-proofing, insulation and drainage (although draings aren’t tested)
  • Location and technical information on construction of the property and materials used

With the resurgent property market now causing delays with some RICS Surveyors –leading to protracted completions – LME Moves’ fast track survey system can help you to reduce this problem.