The Importance of Having Your Recently Purchased Property Surveyed
Home is undoubtedly one of our life’s biggest investments. There is an unending checklist of things to do and not do, things to watch out for, things to avoid…it goes on. Despite the fact that a home buyer would want to get everything right, property survey often takes a backseat in their list of priorities.
Many buyers avoid the property survey procedure to reduce costs but end up regretting their decision later. Intelligent buyers get their recently purchased properties surveyed to protect their investments. But that’s not all. Property surveys come with a list of characteristics that benefit buyers both in the short and long term.
It doesn’t matter how confident you are about the property. You should always get a property survey done by a professional surveyor like Daylight Analysis London, to avoid ugly surprises down the road.
Here’s why you should not skip through the process and get your recently purchased property surveyed.
What is a Property Survey?
A property survey, also called a boundary survey, is a method of uncovering the legal details, physical boundaries, and the condition of a property. While it is not mandatory for legal purposes, it offers countless benefits and much-needed peace of mind.
Identify the Actual Condition of the Property
A professional property survey reveals the exact condition of the property in vivid detail. The surveying team finds out if the building has any structural issues and, if it does, what kind of repairs it needs.
Besides this, it also brings the not-so-obvious issues to the foreground. For instance, if the house is built in a flood-prone area, it needs rewiring and major roof repairs.
Establishing Boundary Lines
Boundary disputes rank amongst the top reasons for legal complications not just between buyers and sellers but also neighbors. Many people are unsure of the property boundaries – a property survey tells you where the boundaries are located.
This information also comes in handy when you want to build additional rooms in the house or add amenities like pools and fences.
Classification of Zones
It is important to know the zoning classification of your new property – it makes you aware of the zone your property falls in and its legal restrictions. Property survey would tell you if your recently purchased home comes under a residential
or light industrial site so that you can comply with the government regulations in place.
Possibility of Subdivision
Another benefit of a professional property survey is that it lets you know if you can subdivide the property. You may want to resell a part or sub-divide the home for your family – this is where a detailed and certified survey result would help you make an informed decision.
Safeguarding Your Investment
Purchasing a home is one of our most significant investment decisions, which is why no one wants to make a poor choice. While it is easy to go through buyer’s remorse in smaller purchases, the situation can be pretty stressful in the case of property purchases.
With professional surveyors, you can get rid of this stress, make sure your investment is protected, and potential disputes avoided.
great info!! will keep this in mind