HomeBuyer Report sample

Home Buyers Survey
in Penge

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The content of survey reports will vary considerably due to factors including the age, type, location and condition of the property, and materials used in its construction.

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Download sample HomeBuyer Report HomeBuyer Report sample

Download sample Building Survey Building Survey sample

Download sample Property Valuation Property Valuation sample

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Compare Penge Property Surveys

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  Mortgage Valuation
  Property Valuation
  Homebuyer Report
  Building Survey
  Mortgage
Valuation
Property
Valuation
Homebuyer
Report
Building
Survey
Help you make a reasoned and informed decision
as to whether to proceed, reconsider or renegotiate on the purchase
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Identify potential problems
such as any repairs or replacements the property needs including inspecting roofs, chimneys and other surfaces on the outside of the building from ground level
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Can help you negotiate a better property price
Where problems are discovered or a lower valuation is given, buyers are enabled to negotiate a lower buying price
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Show traffic light ratings
which give you a green/amber/red condition of your property in an easy-to-understand format
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Prepare you
for potential costly repairs after you move in
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Completed by a RICS Surveyor
Surveyor Local’s national panel of surveyors are fully qualified and highly experienced chartered surveyors
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Independent valuation
gives you a professional valuation of the property, helping prevent you from paying too much for the property
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Exhaustive report
a more indepth survey on construction, issues and defects
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Appropriate for all properties
a suitable survey, irrespective of age, construction type, condition and level of modification
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Highlights urgent issues
Reports on any defects needing urgent attention
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Ongoing maintenance
Professional recommendations on repairs and maintenance
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Building reinstatement costs
Included for insurance purposes
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Appropriate for standard property types
Suitable for properties built later than1900 of standard construction (brick and tile)
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Appropriate for unusual property types
Suitable for a older, unusually constructed (e.g. thatch roof) or extensively modified properties (e.g. extended) or those in need of modernisation
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Advice for your solicitor
Observations that may impact the legal title investigation conducted by your solicitor.
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    Get Property Valuation Quote Get HomeBuyer Survey Quote Get Building Survey Quote
 

Do you need a Home Survey ? Which one should you opt for?

  • House suitable for a HomeBuyer Report

    Homebuyer Report in Penge

    A RICS Homebuyer Report should be chosen if you are buying a home built from conventional materials i.e. brick & tile, in reasonable repair and constructed after 1900.

  • Property suitable for a Building Survey

    Building Survey in Penge

    The Building Survey (previously called a Full Structural Survey in Penge) will also be carried out by a MRICS/FRICS qualified surveyor but is more exhaustive. Opt for this option when buying a non standard e.g. timber wall houses.

  • Surveyor carrying out a Property Valuation

    Property Valuation Report in Penge

    This is an impartial valuation . This is usually chosen by cash purchasers or anyone requiring a formal valuation e.g. matrimonial dispute.

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Penge Surveyors

"Surveyor Local were fast, affordable and thorough. I couldn't fault them in any way."

Penge Surveyors

Home Surveys in Penge

RICS Chartered Surveyors with coverage in Penge and throughout every county of England and Wales.

Home Buyers Survey Penge

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HomeBuyer Report

Should I get a HomeBuyer Report, Building Survey or Full Structural Survey on a home in Penge and which one would be the cheapest?

The Full Structural Survey has changed its name to a Building Survey, although it is essentially the same.

If the Penge property is an apartment, or was built before 1900, or has been extended or modified, or is of non standard construction (i.e. not brick and tile), then RICS recommend the cheaper HomeBuyer Report.

If you are planning to do any significant alterations, RICS recommend you carry out a Building Survey. This option is not as cheap, but it does provide you with comprehensive details of the Penge property's general condition along with an opinion on defects and maintenance options .

If in doubt why not get a Penge House Survey Quote on our website or call 0800 038 6667 to speak to a member of our team.

RICS Homebuyer Report valuation

Should I get a separate valuation and reinstatement cost estimate (including costs for site clearance) and how is it calculated?

A Homebuyer Report in Penge will include a property valuation and a reinstatement (rebuilding) cost estimate as part of the survey. When calculating the value of the property your RICS valuer will take into account knowledge of Penge and other things relating to the property for instance: desirability of the location. Surveyors also evaluate certain fixtures and fittings and will draw upon key assumptions such as there being no significant defects. Surveyors don't factor in certain things like furnishings e.g. carpets. It will be assumed that there aren't any impossible to rectify legal problems such as the tenure being as indicated (e.g leasehold). Advice should be sought from your legal representative.

Additional local Penge area conjectures, such as any cost of repairs being shared amongst tenants or the property being insurable, are made in addition to environmental problems like nearby railway tracks, which will also be factored in. A Building survey does not include a valuation as standard. However we can add a valuation for a small additional fee by request. Alternatively a Property Valuation Report (PVR) can be carried out.

Damaged Render

What will the Penge Surveyor look for on a spar dash rendered (stucco) Victorian home in Penge.

Stucco is in fact a specific type of solid render. Usually stucco render is layered over brick to form a very smooth surface. Stucco is very beautiful and is common on some Regency buildings. it can be problematic and Penge surveyors frequently detail potentially expensive to remedy problems such as moisture trapped beneath paint (assuming painted). Other potential problems could be when dampness under windows that results in detachment. Remedying problems with stucco may be dear as the skills are becoming rarer.

Shocking Electrics

When I was shown the unmodernised property I expect to buy it appeared that there is an old fuse board , does a Penge survey advise electrical defects?

When performing a Home Buyers Survey in Penge a surveyor will usually add detail on the state of the electrics if it is clear that the electrics are in an unsafe state of repair. A Chartered surveyor is required to report back on concerns such as the mains.

Verifying the existence of any evidence of the most recent Periodic Inspection Report carried out by a suitably qualified electrician will usually be part of the survey.

HomeBuyer Report

Should I get a HomeBuyer Report, Building Survey or Full Structural Survey on a home in Penge and which one would be the cheapest?

The Full Structural Survey has changed its name to a Building Survey, although it is essentially the same.

If the Penge property is an apartment, or was built before 1900, or has been extended or modified, or is of non standard construction (i.e. not brick and tile), then RICS recommend the cheaper HomeBuyer Report.

If you are planning to do any significant alterations, RICS recommend you carry out a Building Survey. This option is not as cheap, but it does provide you with comprehensive details of the Penge property's general condition along with an opinion on defects and maintenance options .

If in doubt why not get a Penge House Survey Quote on our website or call 0800 038 6667 to speak to a member of our team.

RICS Homebuyer Report valuation

Should I get a separate valuation and reinstatement cost estimate (including costs for site clearance) and how is it calculated?

A Homebuyer Report in Penge will include a property valuation and a reinstatement (rebuilding) cost estimate as part of the survey. When calculating the value of the property your RICS valuer will take into account knowledge of Penge and other things relating to the property for instance: desirability of the location. Surveyors also evaluate certain fixtures and fittings and will draw upon key assumptions such as there being no significant defects. Surveyors don't factor in certain things like furnishings e.g. carpets. It will be assumed that there aren't any impossible to rectify legal problems such as the tenure being as indicated (e.g leasehold). Advice should be sought from your legal representative.



Additional local Penge area conjectures, such as any cost of repairs being shared amongst tenants or the property being insurable, are made in addition to environmental problems like nearby railway tracks, which will also be factored in. A Building survey does not include a valuation as standard. However we can add a valuation for a small additional fee by request. Alternatively a Property Valuation Report (PVR) can be carried out.

Damaged Render

What will the Penge Surveyor look for on a spar dash rendered (stucco) Victorian home in Penge.

Stucco is in fact a specific type of solid render. Usually stucco render is layered over brick to form a very smooth surface. Stucco is very beautiful and is common on some Regency buildings. it can be problematic and Penge surveyors frequently detail potentially expensive to remedy problems such as moisture trapped beneath paint (assuming painted). Other potential problems could be when dampness under windows that results in detachment. Remedying problems with stucco may be dear as the skills are becoming rarer.

Shocking Electrics

When I was shown the unmodernised property I expect to buy it appeared that there is an old fuse board , does a Penge survey advise electrical defects?

When performing a Home Buyers Survey in Penge a surveyor will usually add detail on the state of the electrics if it is clear that the electrics are in an unsafe state of repair. A Chartered surveyor is required to report back on concerns such as the mains.

Verifying the existence of any evidence of the most recent Periodic Inspection Report carried out by a suitably qualified electrician will usually be part of the survey.

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