Homebuyers Surveys and Building Surveys

It is recommended by the Royal Institute of Chartered Surveys (RICS) that all people, when buying a home carry out a full home buyers survey or a full building survey of your property prior to purchase.

You may want to get a separate survey carried out for drainage, gas and wiring which are generally not covered in a standard home buyers survey (home buyers report), or building survey

Home buyers surveys are designed to ensure that the property which a purchaser is buying is worth the value that the vendor is asking.

You should build in the cost of purchasing a home buyers report when you consider buying a new home along with other necessary surveys.

You will find that most mortgage companies state as part of their mortgage offer that you must obtain a home buyers survey prior to completion of purchase.

Cost of a Home Buyers Report

The cost of a survey, will vary, and as ever, you should shop around for the best deal possible. As a rough guide you will find that the average report will cost in excess of £150.00 so use this as a starting guide when obtaining prices from surveyors.

Often a surveyor will not only carry out your home buyers report but also the mortgage valuation at the same time, so this should save you some money.

A home buyers guide will vary in price according to the value of the property that you are purchasing and there will be a significant difference if you are purchasing a £100,000 house when compared to a £500,000 house - again, bear this in mind.

If you are looking for quotes for home buyers surveys why not get quotes using our free services. We can help you find up to 5 local surveyors to give you a price for a report.