There is so much involved in the process of buying a house, it can be difficult to know when you should fit in everything you need to do! Your survey should take place between the house being taken off the market, and the exchanging of contracts.
Leave time between getting your survey and exchanging contracts
You should leave yourself a reasonable amount of time after receiving the survey report before you sign the contract. This allows you to give the report a thorough read-through and contact us with any questions you may have. Our surveyors will ring you after they have carried out the survey to let you know how it went, and are also happy to go through the report with you after you have received it.
Carrying out the survey a little while before exchanging contracts also gives you the time to potentially renegotiate the deal if the report identifies any significant defects within the property! HomeBuyer Reports are particularly relevant here as they are usually used for homes in a reasonable condition, and can identify defects that are harder to spot. On average, homeowners that did not get a survey before they bought a house faced forking out £5,750 on repairing hidden faults. You can avoid this by identifying defects using a survey, and then either renegotiating the deal so that the seller covers the cost of repairs, or choosing not to go through with the deal at all.
Read more about how you can renegotiate using a survey here.
How far in advance should I book my survey?
As we’re approaching the busy summer period, it’s important to note that you should leave a little more time to book in a survey! You should give us a call a few weeks before needing the survey to avoid disappointment.
If you have any questions or would like to book a survey, please don’t hesitate to get in touch.