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WHAT IS A PRE SALE SURVEY?

A pre-sale survey is very similar to a 'Homebuyer Survey and Valuation' but without the valuation parts. It will usually be undertaken as if it was being carried out for a prospective purchaser, because, in this way, you get to see your property from a buyer's point of view. It is a thorough and comprehensive report in a concise format and will identify matters which are considered to be significant or urgent i.e. ones which could reasonably be expected in negotiations over price to be reflected in the price finally agreed.

WHY SHOULD I HAVE ONE CARRIED OUT?

A Government survey has shown that around 1 in every 4 sales (actually 28%) fall through and, of those, a massive 43% are due to problems coming to light in the survey or valuation. If these problems had been discovered BEFORE the property was marketed, they could have been factored into the negotiations/sale price - problem solved. Not only that, but any negotiating advantage a prospective purchaser may have gained from an adverse survey/valuation would evaporate.

It has been shown that, if any potential problems with a property are discovered before it is marketed, the likelihood of any subsequent sale falling through is considerably reduced.

WHAT ARE THE MAIN BENEFITS?

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PLEASE NOTE: The information provided is for guidance only
and should NOT be used as a substitute for essential professional assistance.