The Independent (4/04/2013) reports that a recent RICS survey concludes that between 25-30% of home buyers rely on the mortgage companies survey alone!
It is a false saving and likely to cost the home buyer dearly in the long run, especially if the home in question is older housing stock.
Type of Home Survey in the UK
There are three types of home survey:
- level 1 is a condition report
- level 2 Home buyers report
- level 3 building survey
Contact our Conveyancing Specialists
Any queries on this issue contact our conveyancing solicitors: RICHARD McCONNELL, JANAK BAKRANIA or LAYNA THOMPSON.
