A Defect is any non-conformity with standard or shortfall in performance of an element of a property. It is synonymous with ‘fault’.
The main focus of Home Buyers Surveys is to uncover any Defects within a property. There are as many possible kinds of Defect as the imagination will allow, including:
- The electrical system is not up to date
- The roof is leaking
- The floor is sloping
- Paintwork has become thin and patchy
- A surface is stained
- The Chimney needs re-pointing
- The sealant in the shower has come unstuck
- Etc… Etc… Etc…
When you obtain a Home Buyers Survey, you can expect a detailed account of all the Defects within a property and the level of urgency with which they should be treated. This is opposed to Mortgage Valuation Surveys do not guarantee to discover every Defect.