Pre-Purchase Condition Survey
A Pre-Purchase Condition Survey is an expert inspection of a property's condition, which identifies problems to a prospective buyer.
It's completed by a surveyor who visits the property, carries out an inspection and prepares a report on what they've found.
Home buyers generally have a survey done on a property after their offer has been accepted by the seller.
Home Survey - Level 1
This is the most basic type of survey. It uses traffic light ratings to give an overview of the property's condition and highlight significant issues, but doesn't go into detail.
A Level 1 survey is suitable if you're looking to buy a standard, modern property that's in good condition, and want to confirm that everything looks okay.
Home Survey - Level 2
A mid-level survey is the standard choice for most properties in reasonable condition. This level of survey will look at everything that would be covered above, but with added extras.
It will highlight any problems that might affect the property's value, and include the surveyor's advice on repairs and ongoing maintenance. It should also highlight issues such as damp and subsidence, and point out anything that doesn't meet current building regulations.
The inspection is non-intrusive, meaning the surveyor won't look behind furniture or under floorboards, so they'll only be able to identify 'surface-level' issues.
Home Survey - Level 3
This is the most thorough type of survey. It provides a comprehensive analysis of both the property's structure and condition.
A Level 3 survey is a good option if you're buying a property that's over 50 years old, of unusual design, or in poor condition.
It can also be worthwhile if you're planning to do significant work or have major concerns about a property. The surveyor will be 'hands on' and do things like check the attic and look under floorboards. The report will list any defects and advise on repairs and maintenance.
You can also ask the surveyor to include projected costs and timings for any repair work recommended in the report.