Survey types

Valuation
Purchasers of houses and flats may require simple re-assurance that their intended purchase is free from urgent or significant defect, or they may require a more detailed assessment of its physical condition. Mortgage valuation reports, prepared primarily for the lender, are not intended to serve these purposes. Frazers offer a range of survey reports to suit the differing needs of home purchasers and can also prepare valuation reports, for home purchase and other purposes. Valuations can often be incorporated into survey reports.

Home Buyer's Survey
A home buyer's survey and valuation package in a concise standardised form providing advice focused upon:

• The general condition and constructional type of the property
• Matters and defects the Surveyor judges to be either urgent or significant
• Valuations of the property as it stands and when repaired
• For how much the property should be insured

Building Survey
A highly detailed report, designed around the client's specific requirements and suitable for all properties but usually commissioned for older, larger, more complex, dilapidated or much altered buildings. It comprises:

• Comprehensive appraisal of the means and materials of construction
• A technical analysis of significant defects revealed
• Identification of less significant defects, general disrepair and shortcomings in the physical condition, maintenance and design of the building.
  A valuation can also be included in a building survey as an 'optional extra'.

Building Survey - Commercial Buildings (Shops, Offices, Workshops and Warehouses etc)
A Building Survey report of commercial premises would be necessary for Freehold acquisition and Leasehold purposes. It should be remembered that Leasehold obligations can be onerous, resulting in considerable liabilities to the tenant/occupier, particularly on termination of the Lease. It is important that all potential occupiers of buildings are aware of their future repairing liabilities prior to legal commitment.