Choosing a SURVEY?
We do not believe that anyone can take the risk of buying a property without the benefit of advice from an independent surveyor. Property values are no longer rapidly increasing and in today’s economic climate identifying current or future problems and assessing the true market value has never been more important. Our qualified surveyors have the support of a fully trained administration team working from a dedicated surveying office.Clients are given the opportunity to speak with the surveyor prior to inspection and are always invited to liaise further upon receipt of the report in order that they are able to make an informed and diligent purchase.
In addition to the range of residential services detailed in this guide, Alasdair Morrison Chartered Surveyors also offer a range of services tailored towards commercial property.
Valuations
Valuations are undertaken for a variety of purposes that includes all of the following and more:Due to the close relationship between our surveying and estate agency firms that have offices in Newark, Southwell and Farnsfield, we are involved at the sharp end of the valuation industry. This makes us acutely aware of emerging market trends, accurate comparable information and stock availability on the open market. Owing to our longstanding presence within the locality we are also well placed to provide accurate retrospective valuation advice.
Considering the wide range of reasons that a client may instruct a valuation, Alasdair Morrison Chartered Surveyors tailor each report to the individual client. The surveyor conducting the valuation will speak personally with the client to ensure that the report meets their needs and requirements in full.
A tailored economic report that is concise while addressing all of the significant matters relating to the purchase of property
New RICS Home Buyer Report
Recently revised by the RICS to form a concise and user friendly report, designed to assist the client in their decision to purchase by reporting on a properties’ condition, value, need for repairs and replacements and what further advice is required before exchanging contracts.Colour coded condition ratings are given based on the surveyor’s professional judgment on the state of repair of elements of the building. The colour coding is a traffic light system with a green rating indicating that no repairs are necessary, amber for the intermediate matters and red for the most serious and urgent.
The report is broken down into various sections to deal with the various components making up the property in addition to having sections that highlight matters for legal advisors attention, specific risks and hazards (for example damp or structural movement). The surveyors’ opinion of current market value is provided as well as a buildings insurance calculation.
Building Survey (Structural Survey)
The Building Survey is a much more detailed and bespoke report than the Home Buyer Report. It is suitable for a property of any age and comprises of a very thorough survey inspection, following which the surveyor prepares a report, which breaks the information down under sub-headings relating to the various components of a property and specific areas of concern. The report is more flexible than the Home Buyer Report and can easily be tailored to the clients' individual requirements. For example, if the surveyor is asked to report upon the possibility of extending the property, knocking through or converting its roof space then this information can be added under a separate heading to make it easier for the client and their advisors' to access. A valuation is not normally included with a Building Survey but this can be addressed along with a building insurance calculation upon request.enabling clients to make an informed and diligent purchase
Valuation plus
The Valuation Plus has been developed by Alasdair Morrison Chartered Surveyors to fill the gap between a basic valuation report and a Home Buyers Report.This new product is not bound by a set template in order that it can be expanded to take account of the clients’ individual requirements and concerns. It is designed to be straight forward and to the point.
The Valuation Plus includes a valuation and general information about the properties’ composition and method of constructional principles. It then goes a step further than a valuation and details any areas of concern, matters for further investigation or legal advisors’ attention, in addition to identifying future maintenance liabilities etc. A section is also available for clients’ specific concerns.
Unlike a Mortgage Valuation, the Valuation Plus is written for the client specifically and it addresses their needs, not a lender or other third party’s. It is not bound by standard paragraphs or lenders guidance notes that often restrict the surveyor from telling the client what they really need to know.
Further information
To discuss your requirements further, speak with a surveyor, obtain a quotation or instruct a survey please contact us on:Tel: 01636 813971
Fax: 01636 815896
Email: surveys@amorrison.co.uk