A study by Which? found that whilst 80% of homebuyers said they wanted a defects survey on the home they are considering purchasing, less than 20% actually commission one.
Most buyers rely on a mortgage valuation which is not a defects survey. In some cases the property will not even be inspected when a mortgage valuation is carried out, and you are unlikely to receive a copy of the mortgage valuation report.
Obtaining a defects survey lets you know the true condition of the property and sometimes you can achieve a reduction in the price, which is negotiated based on the defects presented in the survey report:
Managing Director, Mark Smout has been inspecting residential properties in Suffolk and Essex for 30 years. Mark is a fully qualified Chartered Surveyor who has worked for medium and large surveying companies before setting up MS Surveys in 2007. He is experienced in undertaking Market Valuations, Homebuyer Reports, Condition Reports, and Building Surveys, specialising in period properties.
Senior Surveyor Lance Grainger is an experienced residential Chartered Surveyor in North Essex/ Suffolk. Lance has worked previously for corporate surveying companies before joining MS Surveys in 2019. He is experienced in undertaking Market Valuations, Homebuyer Reports, Condition Reports and Building Surveys.
M.S. Surveys Ltd is regulated by the Royal Institution of Chartered Surveyors
M.S. Surveys prides itself on offering a personal level of service that will endeavour to undertake the following:
All paperwork will be sent via post and/or email on the day of instruction
A detailed inspection will be undertaken with the report containing advice that is clear and easy to understand
The report will be returned via the post/email within 2-3 working days of carrying out the survey
A consultation period will be made available for clients if required
M.S. Surveys is regulated by the Royal Institution of Chartered Surveyors (RICS). The RICS is the premium International Property Standard for Quality.