RICS Chartered Surveyors

Buying your home is probably the biggest financial commitment you will ever make and therefore it is essential that you get it right. According to RICS research over a fifth of buyers who did not commission a survey are left with a property they regret buying and an average repair bill of £5,750.

At Phillips Smith & Dunn we have qualified and experienced surveyors who can provide you with a survey to meet your needs and give you peace of mind. Our Surveyors cover the whole of the North Devon area. 

Valuation Report

This is a basic inspection of the property which is mainly concerned with the value. Valuation reports can be provided for a variety of different purposes. 

HomeBuyer Report

This is a concise and user friendly survey which aims to provide you with an overview of the properties condition and potential issues. 

Click here for a full description

Building Survey

This is the most comprehensive survey we offer which provides detailed advice on the construction and condition of the property. This is most suitable for older, more unusual properties. 

Valuation Reports

Our fully qualified RICS staff provide valuations for a range of different clients including solicitors and professional advisers, banks, pension funds and private individuals. Our range of valuations include: Probate/ Inheritance, Taxation, Matrimonial, Help to Buy settlements, Development appraisals, Open market value, Rental valuations, Deeds of variations, Easements and rights of way, Compensation claims

All valuations are undertaken in accordance with the RICS standards, unless otherwise stated. To request a quote for a professional valuation please contact us.

 

HomeBuyer Report

The Home Buyer Report is a user friendly and concise report which offers an overview of the property including external and internal elements, services, grounds and other legal matters. Each section of the property is graded using a traffic light system highlighting which items require the most urgent attention. This report is most suitable for conventional properties built in the last 100 years or so. The Home Buyer is an ideal survey for home movers who want additional confidence in what they're buying. 

The Home Buyer report can also be upgraded to provide and market valuation and reinstatement cost for insurance purposes. 

 

Building Surveys

Building Surveys are the most in-depth and comprehensive survey we offer. It aims to provide you with detailed information about how the property is constructed, defects and advice on remedial works and possible repercussions. These surveys are best suited to older, more unconventional properties. 

To see a list of features, view in landscape.

Service Features RICS Homebuyer Report RICS Building Survey
Describes the construction and condition of the property on the date of inspection
Aims to identify any problems that need urgent attention or are serious
Aims to identify things that need to be investigated further to prevent serious damage
Aims to tell you about problems that may be dangerous
Aims to show up potential issues and defects, before any transaction takes place
Aims to help you decide whether you need extra advice before committing to purchase
Aims to enable you to budget for any repairs or restoration
Aims to advise you on the amount of ongoing maintenance required in the future
Provides a reinstatement cost to help you avoid under or over-insurance
Provides a market valuation
Aims to establish how the property is built, what materials are used and how these will perform in the future
Aims to describe visible defects, plus exposing potential problems posed by hidden defects
Aims to outline the repair options and give you a repair timeline, whilst explaining the consequences of not acting
Where practical and agreed, provides an estimate of costs for identified repairs
Provides specific comments on energy efficiency

Frequently asked questions

How much does a survey cost?

The cost of the survey will depend on the level of survey you require, the type of property and its location. Surveys start from £200 but we always provide our clients with an upfront quote before we proceed. 

How long do I have to wait for the survey?

Our aim is to carry out the survey as quickly as possible so you can make an informed decision on how to proceed. We usually issue the final report within 3-5 days of our inspection, (5-7 days for building surveys) but will also give you a verbal update within 24 hours to run through our main findings.

Do I need a survey if I've had a mortgage valuation?

The common misconception is that having a mortgage valuation will be ‘good enough’. This is simply not true. Bear in mind this is not primarily made for you. It's used by the lender to assess suitability for a mortgage. There's no detailed information on condition and buyers can still get caught out with the costs of unanticipated repairs - even major defects - after they're committed to the purchase.

An independent survey is essential to make an informed decision. Nobody buys a house without legal advice and you shouldn't buy one without professional advice either.

 

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