There are lots of steps that go into purchasing a property. For instance, you will need to view a few different ones before you figure out which is the best for you, and then you will need to try and find a lender who will provide you with a mortgage. On top of all this, you also need to find a lawyer who can oversee the whole purchase to make sure that it is all above board. For quite a few people, that’s enough work already. So, when they find out that they should also get a property survey done on the home they are buying, they often skip it.
Even though property surveys aren’t always obligatory on every house sale, there is often very little reason to skip over this step in the purchase process. These are very important parts of buying a house and can help you uncover somethings that an estate agent or previous owner might not have wanted you to know.
Still not convinced? Here are a few smart reasons why you should always get a survey for a property that you are going to buy.
Figure Out Boundary Lines
Usually, the land of a property is clearly defined using fences and other physical boundary markers. A hedge might create a perimeter around a garden, for instance. However, in some cases, there might not be any physical boundaries between the land of two properties. This is usually the case if two houses share a driveway, for instance. So, if there is no distinction between properties, it is worth carrying out a survey so that you can find out the exact boundaries. This will prevent any arguments with your neighbors in the future. Not only that, though, but it also tells you who is responsible for any fences and hedges that do separate the land.
Know Your Rights Of Way
There are some instances when one property blocks another’s access onto the main road. For instance, if your new neighbors have to drive over your driveway to get out of their driveway, then your property is legally blocking theirs. Getting a survey will help you figure out all rights of way out of your property and if there might be any issues from other nearby properties. Again, this is something that can prevent arguments in the future.
Find Out What’s In The Ground
Before you buy a house, you will want to know exactly what is in the ground. For instance, you will need to know if there is anything under the ground directly underneath the building as somethings could throw up some structural issues at a later date. This could be very expensive to fix. Plus, you should also know what, if anything, is in the ground in the garden. More often than not, the survey will tell you that there is only pipes and cables going through the ground. These will be water pipes and electrical cables, which are very standard. You might have to buy some specialist gardening tools and equipment that is only at planopower.com, as this will prevent you causing any damage to the pipes when you work in the garden. As you can see, it’s worth learning about this before you move in so that you need to take care when doing your gardening! It’s still worth finding out how they will affect your property and land, though. In some very rare cases, the survey might throw you a few curveballs. Imagine if the property is built on an ancient burial site, and the survey finds some human remains in the ground!
Learn If Any Improvements Needed
The survey will also tell you if there are any urgent improvements that need carrying out to the property. Not only that, though, but it will also give you an idea if any major maintenance might be required further down the line, in a year or two. This can help you figure out if you can really afford the property or not. After all, you don’t want to buy an expensive house and to move in only to find that you need to pay a lot more money to solve some issues with the building! The kinds of work that a survey usually flags are things like fixing damp or rising damp. If you need to get a mortgage from natwest.com, then your mortgage provider might make you get a survey to see if such improvements are required. If they are, you might only be given the mortgage on the condition that you see to the improvements and work as soon as you move in.
Get A Final Value For The Property
Another reason why it is necessary to get a property survey is that it will give you a better idea of what the exact value of the property is. A real estate agent’s valuation isn’t always accurate as it doesn’t take into consideration any problems that a survey might flag. And there are certain issues and problems that could reduce the property’s value by quite a bit. If you find that this is the case with the home you are interested in, then it could be very difficult to find a mortgage for the price that it is on the market for, as a mortgage provider could see it as being too expensive.
Recommendations For Further Investigations
A survey will also tell you if there are any further investigations that need carrying out. The people who carry out the survey will only look for general issues, but if they think there are any problems that might need specialists to see to them, then they will let you know. For instance, if a property is close to a lake or river, then you might be advised to get a flood expert in to see how well protected the home is from flooding.
Hopefully, this blog post has persuaded you to get a survey done. It is definitely worth it and can save you some money in the long run!