The Property Market Monthly Fact File – January 2015

The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team; collating survey data, statistics, trends and information from the property market. This aims to help many persons with an interest in property gain an accurate view of what is happening in the UK property market as a whole.
To read the monthly fact file, click here.

To discuss a Building Survey or any other property requirements contact Richard Peat MRICS

www.suttoncoldfieldsurveyors.co.uk

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Richard Peat MRICS

I have 13 years experience in helping clients with property issues and can highlight defects with your potential property purchase, through a Building Survey, House Purchase Survey or Homebuyers report, I can also provide property valuations. I also carry out commercial work and am a qualified Level 3 Non Domestic and Domestic Energy Assessor.

“If you are buying (or valuing) a property, you could save thousands in unexpected remedial works by instructing us to carry out a property survey on your behalf. Please don’t hesitate to give me a call”


Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements

Why do I need a survey?

All buildings have defects and some can be expensive to fix. Instructing a surveyor to undertake a Full Building Survey, House Purchase Survey Report or Homebuyer Survey will highlight these defects and allow you to budget for the future and limit the risks in the property. With this information, you will be able to make a reasoned decision on whether to go ahead with the property before you commit yourself legally.

Before making this huge step it is always best to speak to a chartered surveyor and ask them to go through the following questions with you:

  • Are there any specific defects with the property and is there anything I should get carried out urgently?
  • What is the value of the property and what is a reasonable price I should pay?
  • Will my mortgage valuation provide me with all the information I need? Do I need my own survey?

IMGP2422With regards to a mortgage valuation, thousands of home buyers each year rely on this and don’t instruct their own report from an independent professional. Many get away with it, but hundreds pay the price in the form of undiscovered defects and thousands of pounds on avoidable repairs.

As a result the Government, organisations like ‘Which?’ and our own team here all recommend that you arrange a survey by your own surveyor to search out any serious defects in the property. The reason for this is that a mortgage valuation has one purpose only – to satisfy a “Lender” that the house you want to buy with a loan is a sufficiently valuable asset that it can be sold to repay the loan should you be unable to keep up repayments. It won’t explore your home for defects which can escalate very quickly into significant problems, which is what a survey is all about.

Too many property purchasers rely on such a report as if it were a full survey. Don’t be caught out, speak to a local surveyor about what they can do for you – the advice is free, but the conversation could save you thousands.

If you would like to find out more about the following types of professional survey work carried out by Chartered Surveyors of the propertysurveying.co.uk network, please click on the link below…

www.propertysurveying.co.uk/INDEX/Survey.html

Have you heard about our Chartered Surveyors in Crawley?

www.crawleysurveyors.co.uk

Worth_Church_CrawleyCrawley has been a settlement since the Stone Age, and the Romans had ironworks here. It lies within the Sussex Weald. Crawley has expanded by the creation of 13 new neighbourhoods, with new houses  – detached, semi-detached and terraced – and bungalows, but no tower blocks.

Contact us for advice on commercial surveys, home property surveys, party wall advice or other building or planning issues.

We offer building survey services that include the ‘RICS Homebuyer Report’, the ‘Full Building Survey’ and the ‘House Purchase Survey Report’. We have a survey to suit all building types and budgets; residential or commercial, large or small.

We will deal with you personally, giving you building survey advice; helping you to choose the right property survey for your home or business. Our fees are all inclusive so you can discuss the building, structure and property defects at any time.

Please telephone the Survey Desk to discuss your building survey or other property requirements.

01293 319 391


Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements

Moving to Weybridge and in need of an experienced Surveyor?

www.weybridgesurveyors.co.uk

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Chris Hunt MRICS

My surveying experience extends from a solid core of survey reports, like the HomeBuyers Survey and the House Purchase Survey, to a wide range of residential and commercial expert surveys, valuations and reports. I can highlight any and all issues and defects at your potential property purchase or your current home, making sure you have all the information you need to proceed.   

“If you are buying a property, you could save thousands in unexpected remedial works by instructing us to carry out a property survey on your behalf. Please don’t hesitate to give me a call”


Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements

Thousands of new homes on the cards, as Government announces new measures

surveyed_buildingThe Government aims to deliver thousands of new homes over the coming years with the help of a raft of new construction related announcements. The idea is to build on recent successes and the current seven-year high in construction output, in order to deliver more affordable homes and more construction jobs around the country and to sustain our G7 leading growth figures…
 To read the whole article, click here.

Did you know that Keith Batten FRICS covers Merthyr Tydfil?

www.merthyrsurveyors.co.uk

Merthyr Tydfil was once the largest town in Wales, but is now ranked as the 15th largest urban area. It was also once occupied by Romans who built a fortress, whose ruins were found under the Merthyr Tydfil football pitch.Cyfarthfa Castle, Merthyr Tydfil

If you’re moving to Merthyr Tydfil and are in need of some local property advice Keith Batten FRICS may be able to help you. He is a Chartered Surveyor specialising in Property Surveys, Building Surveys, Structural Surveys, House Purchase Surveys, Homebuyer Reports, Major Defects Reports, Ratings Appeals, Home Surveys and Property Valuations, Property Acquisition work, Party Wall work and other professional work throughout Merthyr Tydfil and the surrounding area.

For friendly advice without obligation, please call Keith Batten FRICS on

01685 470 471


Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements

Prominent Councillor faces prosecution for failing to disclose multiple pecuniary interests before taking office

November saw the Crown Prosecution Service give local police the go ahead to bring proceedings against Cllr Spencer Flower, 72, for three offences under Sections 31 and 34 of the Localism Act 2011. Namely, that he failed to disclose major pecuniary interests in two local companies…
To read the whole article, click here.

Council criteria creates homeless ex-soldier because he is “not a drunk or drug addict”

Bournemouth Council has rejected a request for help from exactly the sort of person who we think should be entitled to priority assistance from the state. Despite 9 years in the armed forces and over a decade of working as a kitchen fitter and paying his taxes, Matthew Dennis was refused by Bournemouth Council in his hour of need. Why? Because he wasn’t a ‘priority case’…
To read the whole article, click here.

London borough of Kensington and Chelsea becomes the first local authority to restrict the development of “mega basements”

Chelsea_flower_showLondon Borough of Kensington and Chelsea set to halt the rising trend of basement extensions by imposing restrictions that are likely to be followed by other affected boroughs such as Westminster and Wandsworth…
To read the whole article, click here.