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New survey to give buyers more details

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Buyers who are considering purchasing older properties or undertaking renovation projects can now access greater information about the overall condition of the property through a new survey.

The RICS Building Survey has been designed to attract consumers which it feels are becoming increasingly less inclined to rely purely on lender information when taking out mortgages.

It provides the buyer with an analysis of the property. Armed with this information, the buyer then has the option to potentially re-negotiate the price or take or leave an offer with increased confidence about their investment.

The survey's report includes a full breakdown on the fabric and condition of a property.


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