Monthly Archives: July 2017

House sitting on calculator with word mortgage on

Survey or Homebuyers Report: Do I need one and if so, which?

When buying a property you will probably think about having some kind of survey done.  In most cases you will have to organise your own survey.  Your mortgage company may complete a valuation.  However you may wish to organise a survey as well for your own peace of mind.

So what is a survey?

According to RICS, the professional body that represents Surveyors, A Home Survey is an in-depth visual inspection of a property.  At the end of inspection, the surveyor produces a report.  This provides an expert account of the property’s condition and highlights any problems.  If using a RICS Surveyor, the report communicates these in clear and easy to understand ‘traffic light’ ratings.

What are the options available?

There are 3 different options of home survey available, to allow you to choose which best suits your needs:

  1. A Home Condition Report: The simplest (and cheapest) of the options, this report describes the condition of the property.  It identifies any risks and potential legal issues and highlights any urgent defects.  It is most suitable for conventional or unmodified properties and new homes.  These are less likely to have significant issues.
  2. A Home Buyers report (may include a valuation): This mid-range option is most suitable for conventional properties which are in reasonable condition.  It gives more detailed information than a Home Condition Report about the current state of the property and any remedial works required or issues to be aware of.  It can include a valuation for mortgage and insurance purposes (though be aware this may be done separately by your mortgage provider).
  3. A Building Survey: This is the most expensive option – but the most comprehensive. It is particularly useful for larger or older properties or if you are planning to do substantial work to a property. The survey provides an in-depth evaluation of the current property condition.  It includes advice on any issues that need to be addressed or repairs that are required.

Why would I need one?

For most of us, property is the biggest investment we will ever make.  Whether you plan to live in a property or rent it out, you still want to be aware of any potential issues before you part with your hard-earned money.  A survey delivers expert advice on the condition of the property.  This enables you to make an informed choice.  It helps to ensure that your dream home does not become a disaster.

How can I find out more?

You can find out more about the importance of surveys and the different types available on the RICS website http://www.rics.org/uk/.  Their online tool enables you to search for registered surveyors in your local area.  You could also ask for recommendations from your estate agent or solicitor.

At Check 4 Houses we are passionate about supporting people through the sometimes stressful and emotional challenge of purchasing a property.  We offer personal contact from start to finish.   As local property experts we know the towns and cities of FleetFarnboroughAldershotBasingstokeCamberleyYateley and Farnham inside out.  Our internet based approach means we can sell your home from just £599 or 0.5% +VAT – saving you thousands in agency fees.  Please give us a call for a no obligation valuation of your home on 01252 819725 or email info@check4houses.co.uk.

House being built or having building work including loft extension - homebuilding and renovating in progress

Last chance to have your say on the future of Rushmoor

Rushmoor Borough Council, which covers the key towns of Farnborough and Aldershot, have been working on a new development plan called the Rushmoor Local Plan. This document provides the overall development strategy for the area. It guides the location, scale and type of future development for 2014 to 2032. Other local councils such as Hart District Council have been going through similar processes, in order to meet government requirements for new housing.

Time to have your say

The Rushmoor Local Plan has now entered its final stage and local residents are invited to give their views through an online consultation. The consultation is open until Friday 21st July, so you still have a few days to make your comments count.

You can view a copy of the draft plan, along with its supporting documents on the Council website. You can also view the documents at the council offices, Farnborough Library and Aldershot Library during office hours.

A ‘spatial strategy’ for residential development

The plan covers many key aspects of living in Rushmoor including sustainability objectives, the employment environment and more. A major part of the plan is the ‘spatial strategy’. This identifies the potential capacity in the Borough for around 8,700 new dwellings between 2014 and 2032. Of these, approximately 3,850 new homes will be created at Wellesley, Aldershot. At least 4,000 new homes will be built from the rest of the region. Around 1,700 will be situated within Aldershot (outside Wellesley) and 2,300 from within Farnborough.

To submit your comments on the proposal you can use this online link. You can also download and complete a representation form from the website and email or post it to the Council.

At Check 4 Houses we pride ourselves on being local property experts. We know the towns of FleetFarnboroughAldershotBasingstokeCamberleyYateley and Farnham inside out, yet we also recognise that 90% of property searches in the UK take place online.

Our internet based approach enables you to save thousands in agency fees – giving you more to spend on your new home. Please give us a call on 01252 819725 or contact us for a free, no obligation valuation of your property. We can sell your house, flat, bungalow or apartment from just £599 or 0.5% + VAT.