RICS reminds buyers of the importance of a home survey

For many people, buying a home is one of the biggest decisions they will ever make. However, by failing to commission a survey before purchase, homebuyers across England and Wales* are risking potential bills running into thousands of pounds.

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A mortgage valuation for is not a survey - buyers should be warned says RSPA.

Mortgage Finance Gazette (MFG) has reported that the Council of the Residential Property Surveyors Association (RSPA) has written to Hector Sants, chief executive of the Financial Services Authority, calling for an investigation into the advice mortgage lenders give their borrowers regarding valuations and surveys.

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Allied Commercial Masterclass heralded an 'insightful success'
The Alllied Surveyors Commercial Masterclass, held at the East India Club in Central London at the end of May 2011, tackled many current valuation and legal issues.

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Residential property surveys and valuations in England and Wales

Boundary Disputes

Relationships with neighbours can easily become acrimonious.  Issues surrounding the ascertainment of where a boundary lies and who is responsible for a boundary fence or wall is a prime cause for disputes between neighbours which can escalate to the point that it mars the enjoyment of the ownership of your home. Resolving such disputes can be drawn out and expensive and the costs of resolution frequently exceeds the actual land value involved as the matter becomes a point of principle between warring neighbours.
 
Such problems are best avoided by diplomatic discussion as soon as the problem or potential problem is discovered.

Most importantly, the landowner perceiving the problem must ensure that he/she gets his/her facts right.  The first port of call,to check on the exact position or ownership of boundaries, is the Title Deeds or the Land Registry (www.land-reg.co.uk).  Plans are not necessarily definitive but they are to scale although the scale is such that plotting the boundary correctly within a few inches is not necessarily achievable.

If negotiations aided by the best information available fail then please contact us for an initial consultation when our local surveyor will be able to give you some general guidance over the telephone prior to informing you of an idea of costs should a site inspection and negotiations and any further escalation become necessary.   This is likely to be on a rate per hour basis plus costs.

Leader: Jackie Turrell
Enquiries: Boundariesadvice@alliedsurveyors.com or telephone Jackie Turrell on 0333 666 7778