Why have a survey
Buying a home can be one of the most expensive and stressful decisions that you make. It is therefore essential that you are aware of the condition of the property and whether you are paying the right price.
Many home-buyers rely on their mortgage valuation report as an assurance that the property they are purchasing is in sound condition, when in fact, the report is not a survey and is solely carried out for the lender, who is only concerned whether the property is suitable as mortgage security.
Despite this; many homeowners proceed to purchase without having a survey undertaken,and often regrettably so