At Maggs And Allen, we are the home of residential & commercial property matters. From house surveys and home valuations to expert witness reports and rent reviews, we're here to lend a helping hand when you need it.
We will guide you through the process of necessary checks before and during a property sale or purchase showing due diligence at every step of the way.
We are a long established, Bristol based, independent firm with local knowledge and years of experience.
For a more tailored service please choose from:
To discuss your individual requirements please call 0117 973 4049
Buying a house is considered one of the most expensive and stressful times of our lives. As a result it can be tempting to cut corners, or hope for the best. However, we have found that more and more people are turning to professionals from the Royal Institution of Chartered Surveyors to provide a report that can be used not only as a guide for whether the property being bought is a sound investment, but also as a tool for negotiating on the purchase price.
Depending on the type of property you are purchasing, we can advise you on which report is most appropriate. As a general guide, property built since 1975 without known structural movement is usually surveyed using the Homebuyer Report format, whilst property older than 1880 should be surveyed using the Building Survey format. Property built in the period between can often be reported on using either format depending upon the level of detail required in the report, but we would recommend our most popular report the Major Defects Survey, it is similar to the Building survey but without the photographs and so keeps the cost down. It is much more informative and helpful than the Homebuyer’s report, but not quite as in-depth as the full Building survey. Is particularly suitable for small Victorian and 1930’s style housing. We will of course advise on the most appropriate survey for your needs when discussing the property with you prior to our inspection.
If you wish to discuss the report with us after reading it, we are happy to explain matters in further detail. Many of our clients find this a useful and refreshing approach, which helps put items in context.
Why is a survey important?
For most people, buying their home is their largest single investment and most important purchase. Thus, it is vital to know of any pitfalls or problems likely to arise which could be expensive to remedy. You may get a copy of an inspection report carried out for your mortgage: don’t forget this is just a valuation for the lender, it is not a survey to protect you!
If the inspection carried out for my mortgage lender is only a valuation, what sort of survey do I need?
In general terms a RICS Building Survey is generally recommended for old, larger houses. The RICS HomeBuyer report is appropriate for most family homes from 1980 and a Major Defects Survey can be carried out on those in-between.
The most detailed type of report available which is particularly suitable for one for one-off properties including large, extended or older buildings. The report will include full details of all visible elements of the building, information regarding the method of construction and items of disrepair and defects with advice about key future repairs. The report is tailored to the needs of the client and can on request include a market valuation and a reinstatement cost for insurance purposes. A discussion with the surveyor at the time of instructing is recommended.
Major Defects Survey
It is similar to the Building survey but without the photographs and so keeps the cost down. It is much more informative and helpful than the Homebuyer’s report, but not quite as in-depth as the full Building survey. It is particularly suitable for small Victorian and 1930’s style housing. It is our most popular survey type, the older versions of which have been adopted by many other Bristol Surveyors.
RICS HomeBuyer Report
It is a concise economy service and suitable for Victorian houses in good order and modern homes. It includes comment on all visible sections of the property including condition ratings to elements of the building using a traffic light system to flag if:
serious/urgent repairs are needed
whether investigations are advised
components can be readily cared for under normal maintenance.
Advice is given in respect of the value of the property and the reinstatement cost for insurance purposes is also included.