What is a Survey?

 

An inspection of a property to assess its condition and identify any defects that may affect its value. There are three different types of survey – a basic valuation, which is usually carried out by a lender for mortgage purposes to confirm that the property would justify the level of loan being requested; a “Home Buyers” survey, which is a mid-range survey suitable for most purposes; and, a full structural survey, which is usually advised for older properties.

 

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