· 1 min read
We're living in a cost of living crisis, so it comes as no surprise that many homeowners are trying their best to cut costs. Whilst sensible in many aspects of day-to-day living, it isn't so sensible when it comes to property. Purchasing a property is a huge investment, and while it may seem tempting to skip the non-mandatory surveys, this could end up costing you a lot more in the future.
A RICS HomeBuyer survey and report can and will potentially save purchasers thousands of pounds in the long run. It can detect any major defects and issues with a property — from safety, structural and environmental issues to mould and damp — highlighting any works that may need to be carried out. Knowing such information allows the buyer to decide whether they would like to continue with the purchase.
Perhaps most importantly, the results of the report provide evidence and can enable purchasers to negotiate on the price of the property, allowing for extra costs they wouldn't have otherwise known about. If the findings show considerable costs to the property, this can allow the buyer to lower their offer.
Buyers can rest assured that their RICS survey and report is carried out by first-class regulated experts who remain completely professional and unbiased. From minor issues to much larger structural defects, a RICS HomeBuyer survey covers it all — providing information that buyers will not be able to find elsewhere.
Because of the detail uncovered through a RICS survey, it enables buyers to future-proof and plan appropriately. If people know what to expect, or when potential issues may arise, they can plan time, budgets and building works accordingly. You never know just how much money you could save — both now, and in the future.