Surveys and Valuations

Many people embarking on one of the biggest purchases in their life do so only on the basis of a mortgage valuationfrom their lender.

 

However, mortgage valuations are not a survey, they purely assess the value of the propertyfor mortgage security purposes and provide the purchaser with little protection.

 

There are two main types of survey: the homebuyer's report and the buildings survey (also known as the full structural survey). All lenders require a basic valuation but the level of survey you need depends a lot on the individual property you are buying.

 

For more detail of each of the survey type click on the link below.

Suffolk Office

 

Mayflower Hall

Hall Street

Long Melford

Suffolk

CO10 9JT

Tel: 01787 374468

 

London Office

Coming soon.

 

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