Types of Surveys
The Valuation Survey
This must be carried out on behalf of the mortgage lender, this property inspection is to establish the amount and terms of the loan.
The Homebuyers Survey
Most buyers opt for the Homebuyers Survey which goes into more depth and are recommended - they look into urgent problems that could affect the value. They are also slightly more costly but worth the extra money.
The Building Survey
The Building Survey is normally required when a property is of an unusual construction or has had extensive alterations, if it’s old, in need of serious structural repair or if you’re planning a major conversion or renovation.