Surveys play an integral role in the home buying process, but many people still overlook their importance. Let’s take a look at what surveyors can uncover, why having a survey carried out is often essential, and what to do if your survey flags up issues.
Do I need a survey if I’m buying a house?
While it’s not a legal requirement, having a survey conducted by a qualified professional can provide peace of mind and potentially save you from significant repair costs in the future. By addressing these potential issues early on, you can make informed decisions when buying a home.
Related: Why it’s important to get your home valued every year
The most common survey issues
Home surveys come in a variety of forms, each offering a different level of detail. The age and condition of the property you are buying will determine the type you need. Here’s a rundown of some of the key issues surveyors look for:
Asbestos
Asbestos was once a commonly used building material prized for its heat resistance and durability. However, it poses serious health risks if disturbed. Surveyors check for its presence in older properties, particularly in insulation, pipe lagging, and ceiling tiles.
Damp
Dampness can lead to structural damage and mold growth, affecting both the property’s integrity and the health of its occupants. Surveyors identify sources of damp such as leaking roofs, defective plumbing, or poor ventilation.
Related: 7 ways to damp proof your property
Electrical issues
Electrical systems must be safe and up to current standards. Surveyors assess the condition of wiring, fuse boxes, and sockets to ensure they are not outdated or hazardous.
Roof issues
A sound roof is essential for protecting the property from the elements. Surveyors inspect roofs for missing or damaged tiles, signs of leaks, and the overall condition of chimneys, gutters, and fascias.
Structural movement and subsidence
Cracks in walls or ceilings can indicate underlying issues such as subsidence (when the ground beneath a property sinks). Surveyors assess the severity of any movement and its potential causes.
Faulty drain pipes
Poorly maintained or damaged drainpipes can lead to water ingress and damp problems. Surveyors check for leaks, blockages, and the overall condition of drainage systems.
Flat roofing
Flat roofs require careful inspection as they are prone to water pooling and leaks if not properly installed or maintained. Surveyors evaluate the integrity of flat roofs and their drainage systems.
Insulation problems
Inefficient insulation can result in higher energy bills and discomfort. Surveyors check the insulation in roofs, walls, and floors to ensure it meets current standards and helps maintain energy efficiency.
Woodworm and beetle infestation
Wood-boring insects like woodworm and beetles can compromise timber structures. Surveyors look for signs of infestation such as small holes, sawdust-like frass, and weakened wood.
Japanese Knotweed
Japanese Knotweed is the most invasive species of plant which spreads rapidly and can cause severe damage to a home’s structure and garden. If Japanese Knotweed is identified during a survey, any potential mortgage on the property may be void. Surveyors identify its presence and assess the risk it poses to the property’s structure.
Related: Doer Upper Vs. New Build Homes: Which should you buy?
Understanding your survey report
The Royal Institution of Chartered Surveyors (RICS) use condition ratings to present their findings on different aspects of the property. The 3 condition ratings are:
- Condition Rating 1 – No repair needed
- Condition Rating 2 – Defects are present but are not deemed serious or urgent
- Condition Rating 3 – The defects identified are serious and need to be repaired, replaced, or investigated urgently
Related: Should I move or improve?
What to do if your survey flags up issues
Most surveys will identify some sort of issue, especially in older properties. So, it’s important to discuss your survey’s findings with your surveyor and figure out how much it might cost to rectify the issues.
Your surveyor could advise you to have a more detailed survey carried out to investigate a specific problem further. Common examples of this are damp surveys and dry rot surveys.
Once you’re aware of the severity of the issues, you can:
- Contact a builder to get a quote for major works
- Renegotiate the asking price
- Request that the seller fixes any issues before proceeding with the sale
- Withdraw from the sale.
It’s important to note that surveyors are obligated to flag up any issues – both small and large – so it might not be a good idea to drastically lower your offer due to something like minor cosmetic repairs.
Your agent will be able to offer advice on your next steps should your property survey flag up any issues. Make sure to think carefully about all your options and gather multiple quotes to compare if necessary.
