Winter can make some property defects easier to spot, particularly damp, roof leaks and signs of movement. But a visible problem is not the same as a diagnosis, and it does not automatically tell you what the repair will cost. For buyers of older or altered London homes, a Level 3 Building Survey can help
A Level 3 Building Survey provides a detailed assessment of a property’s condition and is particularly valuable for older London homes, converted properties and buildings that have been altered over time. Victorian terraces, period flats and converted properties often have a long history of repairs, extensions and modifications. A detailed survey can identify issues such
It certainly does appear that the stamp duty holiday has had a profound effect on the property market. The ‘holiday’ was introduced in the early days of the Covid-19 lockdown and has seemingly fuelled a property buying spree across the country. The lower rate of stamp duty means significant savings for homebuyers, and this has
Responsible home buyers know that the best way to fully understand the asset they are about to invest in comes through the help of a property survey, and that’s where a Chartered Surveyor can add real value. Foundation Surveyors are members of the Royal Institution of Chartered Surveyors (RICS), which enables our team to offer
Recent statistics show that less than 1/3 of homebuyers get an independent survey before buying a property. The other 2/3 presumably rely solely on their mortgage valuation for peace of mind. If the lender approves the loan, having inspected the property, surely it must be in reasonable condition. This is an unfortunate misunderstanding that can
Buying your first home is an exciting time, but don’t get carried away without checking that the building you are about to invest in represents good value for money. A property purchase may well be the most expensive transaction you will ever make. Just as you wouldn’t buy a car without giving it a thorough
If you are the owner of a residential leasehold property, it is in your financial interest to have at least a broad understanding of lease extensions to enable you to take advantage of your statutory rights and safeguard your investment. Leasehold property is a depreciating asset When you buy a leasehold property (typically a flat),