Choosing the Right Building Survey for Your Needs
The building survey you need may depend on the type and age of the property you want to buy - here's how to tell which one is right for you.
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The building survey you need may depend on the type and age of the property you want to buy - here's how to tell which one is right for you.
If the property is older, uses specialist materials, or needs alterations or renovations, then you will need a Level 3 Survey. This is a full structural survey that can identity any issues and ongoing maintenance the property may need in the future.
If the property is newer and in relatively good condition, then the less detailed Level 2 Survey will highlight any significant issues with the property based on a visual inspection.
A Level 3 Survey is the most detailed report. It can give you peace of mind that you are aware of the current or potential issues with the property. If any issues are found during the survey it can allow you to renegotiate on the price. Or the seller can agree to complete any repairs before you move in.
Getting a Level 3 survey can stop you from running into unexpected costs further down the line. It can help you budget for any repairs or maintenance that may be needed.
Although it is not compulsory, it is recommended that you do get a survey on a new build home. A snagging survey can identify issues with your new build so you can get them fixed before you move in.
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