A: If you are using a mortgage to buy your property, your lender will insist on a valuation to ensure the property is worth the amount you are borrowing. This should not be confused with a survey that reports on whether there are any problems with the property. A valuation is not designed to indicate defects.
For your peace of mind, and to make sure your investment and any plans for development are sound, you should consider either a Home Buyer’s Report, or a Building Survey. In particular, if you have any concerns about the condition of the property you are buying, or if it is old, thatched or listed, you would be well advised to arrange a survey. To find out more about what the different surveys involve, visit our surveys page.