A mortgage lender's valuation and a buyer's survey serve different purposes. Do not assume a lender's assessment gives you a detailed report on condition.
What to consider
Ask what your proposed survey will cover and whether it suits the property's age, construction and visible condition. Tell the surveyor about specific concerns from viewings.
Read recommendations in context
A survey should help you understand the property and decide what further information is needed. Read the explanation behind each finding, not only the summary or rating. Ask the surveyor about unclear terms and the recommended priority of follow-up work. Where specialist investigation is suggested, establish its purpose before commissioning it. Share relevant matters with your solicitor or lender as appropriate. A report becomes useful through informed decisions rather than by being filed away after a quick scan.
Your next step
Read the report fully and request explanations where needed. Use its findings to plan further investigations before making irreversible commitments.
Looking for your next home in Bury? Browse properties for sale and contact Cardwells with your priorities, budget and the questions you want to explore.
Further reading: Government guide to buying a home.
