February 4, 2015 Real Estate
If you are wondering who a surveyor is or what they do, wonder no more. A surveyor is a person or corporate body offering such services as mortgage valuations, building surveys, homebuyer’s survey and valuations, quantity surveying, estate management, auctioneering and such other related services. This article will give a brief description about property valuation surveyors. Chartered property surveyors are ordinarily hired by property buyers or mortgage providers to conduct a ‘health-check’ on a property to identify any major structural problem with the property, which either influences their decision to make a purchase or allows them to get the property at a lower price, which will have been negotiated to reflect the overall costs of the necessary repairs. Here is a brief description about surveyor services.
What is a valuation report?
This is a report containing vital information about the general condition of the property. It is usually arranged by banks, building societies and other finance providers, to inform the lender about the value of the property, to ensure that the mortgage advanced is appropriate.
Reasons for carrying out a valuation report
A homebuyer’s survey and valuation report will normally include:
If you are interested in getting accurate valuation of a property before buying or selling, it is essential that you engage the services of a professional chartered surveyor. Contact Harvey Donaldson & Gibson residential surveyors. They provide competent property valuation for both property buyers and sellers. Visit hdg.co.uk for details.