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 …
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 …
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 an …
What to Do if Your Home Valuation is Less Than an Offer? Read More »
This post covers everything you need to know about how to negotiate a house price down after a building survey carried out by Prinsegate. 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 …
How to Negotiate a House Price Down After a Survey Read More »
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 …
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 …
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 …
PRINSEGATE CHARTERED SURVEYORS UK
