Survey & Valuations

Choosing a Surveyor

If you decide you require more than a mortgage valuation, you have two choices – either to pay the Lender an additional fee to upgrade to the more detailed report or just pay for the valuation and commission a local firm of Chartered Surveyors directly.

There are many benefits to arranging the survey yourself:

Communication

You will be able to speak to the Surveyor who will be writing the report, both before and after their visit to the property. If you have any particular concerns or are planning to make any alterations to the property, you should make the Surveyor aware of this. After you have received the report, you will be able to call the Surveyor if anything requires clarification. You should not expect the Surveyor to provide additional information over the phone but they should be happy to clarify their advice. If you arrange the survey through the Lender, it is unlikely you will know in advance who will be undertaking the report and are likely to find barriers between you and the Surveyor should you need any clarification later.

Local Knowledge

Although major Lenders endeavour to allocate detailed surveys to Surveyors based on the local area, it is not always possible - you do not need to leave this to chance if you chose a local Surveyor yourself. A local Surveyor should be able to provide you with a more accurate valuation as they will have seen similar properties that have sold in recent months. Surveyors from outside the area will have to rely upon comparable evidence supplied either by the Selling Agent or other Agents in the area.

Building Relationships

Many people build up trust in a Surveyor and will seek their advice throughout their climb up or down the property ladder. This may not be until you move again, but Surveyors can also help with other issues such as party wall matters, boundary disputes, etc.

Should you wish to arrange a survey of the home you have elected to purchase, whether through Paul Twyneham & Company or another Agent, be it a HomeBuyers Survey & Valuation (HSV), Building or Structural Survey, Specific Defects Report, Schedule of Condition or Insurance Valuation, we will be pleased to recommend a surveyor on request.

Please contact us for more information.