Would
you buy a house based on this?
This is an actual Building Society
Valuation Survey, but the names and address have been changed. |
| BUILDIDNG SOCIETY
VALUATION |
GUIDANCE
NOTES
You have chosen a valuation report which is a limited inspection of the
property highlighting only those items which we consider will materially
affect value. It is prepared on instructions from The Building Society
in accordance with the RICS Specification for Residential Mortgage Valuations
a copy of which is available on request.
Valuers cannot see through solids or see things that are hidden by wall
and floor coverings. They will not move furniture or obstructions inside
or outside, lift carpets, crawl under floors, climb ladders outside or
go on roofs or fully enter roof spaces. Valuers will look at the outside
of the property from the garden and adjacent public areas.
Services including central heating system have not been tested.
You still have the option to request a more detailed report and we would
be pleased to help you with this.
The valuer has assumed the property information supplied is correct although
your conveyancer should verify this.
If you wish to discuss any aspect of this report please contact the valuer.
Do not forget to read the Advice for Applicants – it is important.
GUIDANCE NOTES CONT..
You have chosen a valuation report which is a limited inspection of the
property highlighting only those items which we consider will materially
affect value. It is prepared on instructions from The Building Society
in accordance with the RICS Specification for Residential Mortgage Valuations
a copy of which is available on request.
Valuers cannot see through solids or see things that are hidden by wall
and floor coverings. They will not move furniture or obstructions inside
or outside, lift carpets, crawl under floors, climb ladders outside or
go on roofs or fully enter roof spaces. Valuers will look at the outside
of the property from the garden and adjacent public areas.
Services including central heating system have not been tested.
You still have the option to request a more detailed report and we would
be pleased to help you with this.
The valuer has assumed the property information supplied is correct although
your conveyancer should verify this.
If you wish to discuss any aspect of this report please contact the valuer.
Do not forget to read the Advice for Applicants – it is important. |
|
Mr and Mrs Worried
1 Old House
Old Road
Old Town |
|
PROPERTY:
New House
New Road
New Town
Roll No: 12345678
Date Inspected: 11 November 2003 |
|
| DESCRIPTION: Type/Accommodation:
A two bedroom semi detached bungalow
Neighbourhood: The property is in a private residential area
Age: The property is around 40 years old |
|
CONSTRUCTION:
Walls: Roof
Roof: Tiled
Services: All mains services are availableVALUATION & MARKET COMMENT
In its present condition and with the current state of the property market
my
Valuation of the property is £170,000 |
|
| MATTERS AFFECTING VALUE:
In addition to items of routine maintenance and repair, urgent repairs
are required to the following:-
There is structural movement to the garage. You now need to get a structural
engineer (or chartered building surveyor) to make a detailed investigation
providing you with a full report identifying the cause, together with
the costs of the work necessary to ensure future stability. I cannot give
a valuation until I have seen the report.
External woodwork requires overhaul, repair or replacement.
Aspects of the service installations give cause for concern and you should
obtain specialist advice.
The garage roof is thought to contain asbestos material which may represent
a health hazard. You should instruct a licensed specialist to check the
property, as remedial work may be required. This work could be expensive
and may have to comply with legal requirements.
|
|
MATTERS FOR YOUR CONVEYANCER
Tenure: I understand the property is freehold. |
|
VALUER
Signature:
Name:
Address:
Telephone: |
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