What does 'Homebuyers Survey' mean?
Homebuyers Survey
A type of Survey more detailed and more expensive than a Valuation Survey because the surveyor is instructed to report not only on the value but the general condition of the property such as windows, damp, etc. This type of survey does not include any structural issues unless they are immediately obvious and may affect the value of the property. As such they are quite popular with those buying a flat who not only want to see the value but also any immediate issues. The surveyor, however, should not speculate on the costs of any issues he reports. For more information see What a Property Survey Really Means
Search Results for 'homebuyers survey' in How to Really Buy a Property
Chapter 17:
The Property Buying Process in Theory
"... aware of the results (see above).
You can go into more detail by requesting a homebuyers survey or a structural survey. If you are applying for a mortgage it usually makes sense for the surveyor who is doing the valuation to also carry out the second survey.
A homebuyers survey is the usual..."
"...A homebuyers survey is the usual choice for those buying a flat. It looks at any defects on the property such as the windows, flooring, plumbing, damp and, if there is access, the roof. A structural survey is usually chosen by those purchasing a house as it includes everything in the homebuyers report as well as an inspection of the structure.
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Chapter 20:
What a Property Survey Really Means
"... to please surveyors because they don't want properties down valued, so if you pose as a surveyor you will find out everything!
- The homebuyers survey -
Probably one of the biggest waste of times in the whole home buying process. It is a valuation survey followed by a lot of..."
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Chapter 22:
Why Vendors are Poorly Prepared
"... one thing that can help with stress free selling it is to get a survey done on a property before selling.
In the case of a Leasehold or Share of Freehold property, a homebuyers survey
In the case of a Freehold property, a structural survey
The reason smart vendors do this is two..."
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