Choosing the right report? Remember a valuation is not a survey

Buying a property can be complex enough without offering a range of overly technical reports where on the surface, it appears there are similarities amongst them all. Choosing a new home brings into play emotions and aspirations, at a time when it always pays to be practical.

At Sonas, we like to keep things simple and therefore, whilst there are specialist reports available, we find that the majority of our clients are looking for one of our three main ones which, should provide the majority of information a purchaser needs in order to make the right decision based on tangible fact.

 

Mortgage Valuation Report

 

Homebuyers Survey and Valuation Report

 

Building Survey

 

RICS Condition Report

Product overview Which is the right report for me?

There are essentially four standard report forms. The table below is designed to give some guidance as to which might be the most appropriate one to choose for your specific circumstances. 

If you are in any doubt, please do not hesitate to call our office on 01332 693106 and speak to a member of the team.

  Valuation RICS Condition Report RICS HomeBuyers Report RICS Building Survey
Includes Market Valuation        
Is prepared for me        
Is prepared for the Bank or Building Society        
Provides guidance on the need for minor repairs        
Highlights items requiring urgent repair        
Might help me to negotiate with the sellers        
Includes photographs from the inspection        
Always involves an internal inspection of the property        
Detailed report on the property construction        
Includes figures for insurance (re-instatement cost)        
Provides useful information to your solicitor for the conveyancing process        
Can be discussed with the surveyor after the inspection        

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