A Quick Guide: First Time Buyer Surveys
A RICS survey is a professional inspection of a property that is carried out by a chartered surveyor.
The survey will identify any potential problems with the property, such as structural defects or damp, and will give the buyer an idea of the condition of the property.
This information can be used to negotiate on the price of the property or to decide whether or not to proceed with the purchase.
There are several reasons why a first time buyer should get a RICS survey on their first home:
- Saving you money! If the survey identifies any problems with the property, you may be able to negotiate a lower price with the seller. This can save you thousands of pounds on your purchase.
- Protect you from costly repairs! If you don’t get a survey and then discover that there are major problems with the property, you could be left with a large bill for repairs. A survey can help you to avoid this situation.
- It can give you peace of mind! Knowing that you have had a professional survey carried out can give you peace of mind that you are buying a property that is in good condition.
If you are a first time buyer, it would strongly recommend that you get a RICS survey on your first home. It is a small investment that can save you a lot of money and heartache in the long run.