Residential Property


Surveys

Why do I need a survey?
Buying a home is one of the biggest purchases you will ever undertake in your lifetime. Having a detailed survey carried out by an Independent Chartered Surveyor is undoubtedly one of the best and most cost-effective ways to protect your investment.

As Independent Chartered Surveyors, Silk Sharples Jennings are not affiliated to any estate agents, banks, or building societies, meaning we can assess a property’s condition with complete independence. That way, when you buy a property, you have the peace of mind of knowing that it has been thoroughly inspected by a qualified Chartered Surveyor.

We undertake a variety of surveys, including, Valuation Reports, Homebuyers Survey and Valuations, Building Surveys (formerly known as Full Structural Surveys) and Building Defect Reports. Whether you are buying an apartment in a modern block or an old renovated building, a terraced, semi-detached or detached house, a newly built property, or a listed building, Silk Sharples Jennings Chartered Surveyors can carry out the right survey to ensure that you have all the information you need to make an informed judgment about whether and how to proceed with your purchase.

Undertaking the survey and delivering the report are, however, only part of the process. We feel the most important aspect is being available to discuss the survey findings with you, once you’ve had an opportunity to read through the report.

Surveys can be tailored to your specific requirements, although please refer to our general guide on the different types of surveys.
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Valuation Report

This type of inspection is similar to that which will be undertaken by your mortgage company and is primarily designed to assess the correct market value for the property. It includes a brief inspection of up to an hour to assess the basic construction and condition and advise on any obvious defects.
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Homebuyers Survey and Valuation

This is the most popular survey for the majority of purchasers and is a recognised survey format offered by the RICS. The relatively detailed report assesses individual elements of the property using a rating system ranging from 1 – 3 (1 – satisfactory, 2 – requiring repair as part of normal maintenance, 3 – requiring urgent repair or further investigation for a significant defect).

The inspection will normally take 2-3 hours depending on the size and type of property, and the report aims to highlight any significant defects found and give advice and direction as to the most appropriate action in terms of obtaining further quotes and information. The final report, which is presented in a standard report format of up to 15 pages, also includes a market valuation of the property and also a valuation of the reinstatement cost for insurance purposes.

A Homebuyers Survey and Valuation is most suited to properties of traditional construction and probably less than 150 years old, where there are no suspected significant defects and where the property has not been significantly extended or altered.
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Building Survey

The Building Survey was formerly known as a ‘full structural survey’ and is a detailed and comprehensive report on the construction of the property and any related defects. The RICS recommends that all purchasers should have a Building Survey as this is not only the most comprehensive report, but also one which gives far more detail and recommendations on how to approach any remedial work along with an overall indication of the potential costs involved.

A Building Survey inspection will normally last between 3-5 hours depending on the size and type of the property. This report is more extensive and will incorporate photographs of the property including the identification of defects where possible. While the Building Survey is suitable for all types of property, it is particularly recommended for those that are larger, have been significantly extended or altered, or for older properties. Buildings of a more unusual or non-traditional construction should also be considered for this type of survey, as should those with a listed building designation.
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Building Defect Reports

There are occasions where a survey may not be required for purchase, or where a previous survey has highlighted a defect that now requires further or more skilled investigation. As Chartered Building Surveyors we are able to offer specific Building Defect Reports relating to such areas as structural movement, cracking, drainage issues, damp penetration, or issues to do with isolated parts of the structure that require further assessment. These reports are, by definition, tailored to individual requirements and can be a more cost-effective option, although they clearly do not assess the whole property in the way that a Building Survey does.
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Valuations

Silk Sharples Jennings are also Chartered Valuation Surveyors and we offer a full range of valuation services for private and corporate clients.

We are able to provide RICS compliant valuations for a variety of purposes including:

Matrimonial Settlement
Probate
Taxation
Mortgage/Secured Lending
Investment Portfolios
Reinstatement Cost Assessments/Insurance Valuations

Should you have any queries regarding the type of valuation you require, then please contact Mark Jennings MRICS.
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EPC/Floor Plans

Silk Sharples Jennings are qualified Domestic Energy Assessors and undertake inspections to provide Energy Performance Certificates (EPCs) for residential properties. These can be provided on a larger scale to estate agents and letting agents, or on an individual basis to property owners and landlords. We also offer a floor plan drawing service suitable for the majority of estate agents’ sales details.
Should you require a detailed measured survey of your property in order to provide full building drawings, then we are able to provide this as part of our architectural design services.
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