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Buying a house? Don't forget about the Party Wall Act

Buying a house? Don’t forget the Party Wall Act

If you’re buying a new home, you’ll want to know about the Party Wall Act, if you share any walls, fences, or boundaries with your neighbours and if they have any plans to build before you move in. The Commercial Property Standard Enquiries provide standard form, particularly questions about party walls when purchasing a home. …

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How Long Does A Building Survey Take?

One of the most common questions asked is: “How long does a building survey take?” The answer is usually, “It depends.” It can take anywhere from 1 to 8 or more hours, depending on the property, then the report is usually back to you within five working days, and sometimes sooner if you have an …

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What to Do if Your Home Valuation is Less Than an Offer?

Most residential purchases rely on mortgage finance, and therefore a lender’s valuation is usually required to establish that the price being paid for a property represents the ‘market value’.   Paying a purchase price over the estimated market value can place the lender and buyer to the sale at additional risk. Therefore, the lender instructs …

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How to Negotiate a House Price Down After a Survey

How to Negotiate a House Price Down After a Survey

This post covers everything you need to know about how to negotiate a house price down after a survey. Even if you’ve already agreed on a price, homebuyers can renegotiate as a house purchase is Subject to Contract (which can change at any time). So, after a surveyor has completed a survey, you may find …

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Which Building Survey Do I Need?

A house survey is a professional inspection of a property’s condition and identifies any potential buyer issues. It’s completed by a surveyor who visits the property, carries out an assessment, and prepares a report outlining any problems they’ve found. It’s an excellent way to avoid unexpected repair costs. Getting a survey for a house or …

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What is an EPC and MEES?

What is a EPC and MEES?

What are Energy Performance Certificates (EPCs)? An EPC is a certificate that rates how energy efficient a house or building is. By law, all sold, rented, or leased facilities must have an EPC, which will last for 10 years before it has to be renewed. It will tell you roughly how expensive property will be …

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11 Common Defects in Older Homes

11 Common Defects in Older Homes

A large portion of older buildings, such as Georgian and Victorian houses, were designed to be breathable. Lime mortar and clay bricks were very popular in the Georgian and Victorian periods. These materials are permeable by nature, meaning when the water hits the external envelope can be absorbed and evaporated. Combined with the use of …

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