Moving to a shared freehold / leasehold
third storey flat in a city;
a review of the building survey
Always have a building survey when you are buying or leasing a propertyAs building surveys we know how important it is to have a full structural survey of a property, whether it be residential or commercial and whether you are buying or leasing. It would indeed be folly to go ahead with such an important transaction without having a full and independent survey report carried out as if there prove to be problems with the property once you have completed upon the purchase then it could turn out to be a money pit.
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Buying a shared freehold / leasehold property in a large block of flats
Sinking fund / planned maintenance schedule
We advised that they contacted their legal adviser who would be able to find out more information about the management company, the planned maintenance schedule and the sinking fund.
The flats had metal balconies and we could see that in the flat we were surveying the metal work was in need of redecoration, as the paint was flaking and bolts were rusting. Again, this will be a shared liability.
Our survey conclusion of this flat
Overall we didn't find any major problems with the property, however we were concerned that the management property wasn't maintaining the external of the property properly due to the poor quality of the timber cladding panels, flaking paintwork, rusting screws, etc. The decoration was at such a stage that deterioration was starting to occur.
Our advice to the client was to get their legal to make enquiries about the management company and for the client to be 100% sure they were happy before proceeding to purchase their new home.
Surveying equipment is vital when carrying out a survey
As surveyors we always carry a range of surveying equipment to every survey, i.e.
1) Moisture meters (mentioned above),
2) Damp meters to find any rising or lateral / penetrating dampness
3) Thermal imaging cameras to show any heat loss from the building
4) Ladders, both for viewing things such as low level flat roofs and for viewing the loft space internally if there is no fixed loft ladder.
5) Torch to view the loft space if there is no electric light.
Further information about buying a house and about having a building survey
We have produced a series of surveying articles over the years which we believe will be of interest to you. Please go to www.1stAssociated.co.uk
General articles regarding surveying, surveyors and valuations.
Articles specifically dealing with property problems, such as cracking, movement, dampness, etc.
If you are planning on extending or refurbishing a house then we have a series of articles just for you.
We have a whole section regarding commercial property, for both landlords and tenants; we even have a section relating to dilapidations.
If you are having a dispute; maybe relating to party walls or boundaries then we think you will find an article relating to this.
We have even reviewed many of the television property programmes.
Here is just a few of our many articles that we think will be of interest to you:
We have also prepared a review of many of our surveys for you to look at, and we also recommend you look at our Media Section where you can look at / download examples for free of past surveys http://www.1stassociated.co.uk/media.asp
Need a survey, don't delay contact us today
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All rights to this article are reserved to www.1stAssociated.co.uk