
Why more buyers are requesting property surveys and how it affects the buying process
Buyers taking extra care
In recent months, there’s been a noticeable uptick in buyers requesting detailed property surveys before completing a purchase. With rising property prices, changes in mortgage rules, and economic uncertainty, buyers want reassurance that they’re making a sound investment.
Understanding the types of surveys
There are different surveys available depending on the level of detail you need:
- Condition report: Basic overview of the property’s condition. Ideal for newer homes.
- Homebuyer report: More detailed, highlighting structural issues, damp, and repairs. Recommended for most buyers.
- Building survey: Comprehensive, suitable for older or unusual properties, covering everything from foundations to roof structures.
Why surveys are becoming essential
Buyers are increasingly aware that skipping a survey could lead to costly surprises down the line. Structural problems, outdated electrics, or hidden damp can be expensive to fix. A survey provides clarity, giving buyers the confidence to negotiate or walk away if necessary.
Impact on sellers
For vendors, this trend means:
- Properties may spend longer on the market as buyers arrange surveys.
- A survey could uncover issues that need addressing before completion.
- Transparency about a property’s condition can build trust and smooth the negotiation process.
Tips for sellers
- Consider a pre-sale survey to identify any potential issues in advance.
- Keep property maintenance records handy for buyers and surveyors.
- Ensure visible areas like the roof, guttering, and walls are in good condition.
Why it benefits everyone
Surveys aren’t just a cautionary step for buyers - they also protect sellers from disputes after completion. Knowing the property’s condition upfront can lead to smoother transactions and fewer surprises.
Expert advice
Speak to a qualified surveyor to understand what type of survey suits your property or your purchase. Estate agents can also help guide you through the process and manage expectations on both sides.
Want to ensure a smooth buying or selling experience?
Contact us today for advice on surveys, valuations, and how to make your property transaction stress-free
