Building Survey may be required by a purchaser of older property, or by a concerned
Lender especially if movement and cracking or severe dampness and decay was detected
within the Mortgage Valuation Report.
Therefore in order for the loan
to proceed a further report by a qualified building surveyor or structural engineer
may be required. This is usually in the form of a Building Survey which is an
investigation and assessment of the construction and condition of a building and
will not normally include advice on value. The survey will generally include the
structure, fabric, finishes, and grounds; the exposure and testing of services
are not usually covered.
The report will include reference to visible
defects and guidance as appropriate on maintenance and remedial measures. We communicate
with the client shortly after the survey, and the written report follows as soon
as is practicable.
The Report will include an in depth description and
summary of the property inclusive of digital insertion of annotated photographs
within the text for ease of reading.
In the context
of commercial and industrial buildings the need to carefully establish and evaluate
the client's requirements is essential.
Conversely, aspects such as suitability
for purpose, security, fire precautions and state of repair may become more important
or a feasibility study may have to be incorporated for alterations/change of use
requires an understanding of the client's needs which should be clarified at an
Prospective lessees may often need to arrange for the preparation
of a schedule of condition before the commencement of the lease.