Ms S obtained the report because she wanted a guarantee that she was not making a mistake by parting with so much money for a property. The HomeBuyer Report in West Drayton was conducted by a RICS Chartered Surveyor, who examined the building's internal and external structures as well as the grounds.
The Home Buyers Survey found no major defects and recommended that she go ahead with the purchase; there were no monsters hidden underneath the floor boards.
The property had only been constructed in 1995. It was a detached house with three bedrooms, two living rooms, two bathrooms, a kitchen, utility room and a separate toilet across two floors.
HomeBuyers Reports are more commonly carried out on older properties, where deterioration is expected with the passage of time.
The benefits, though, as in this HomeBuyer Report in West Drayton, of obtaining a professional assessment of a relatively newer building cannot be understated. Defects, sometimes major, are often known to occur in buildings constructed in the last twenty years. They can be hidden from the eye of an untrained observer, especially when his or her judgment is clouded by the modernity of the home as a whole.
The price of newer, comfortable, seemingly less 'lived in' homes is substantial. This only makes the risk of walking into a transaction, without a HomeBuyer Report, graver.
It had been Ms S's intention to convert the loft of the building. She informed the Resident Surveyor of this particular want and he was able to offer advice on the matter: namely, that she should contact a property lawyer who could guide her through the relevant building regulations.
It is always provident, when obtaining a HomeBuyer Report, to inform the Surveyor of any specific questions so that the report can be tailored to personal wants.
When putting the better part of £300,000 down on a new home, the cost of a HomeBuyer Report is a minor additional cost. Risking an investment without knowing for sure that the property is worth its market value seems ludicrous in this context. Ms S was filled with confidence by the HomeBuyer Report in West Drayton. She certainly won't be the last.
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