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Choosing the right survey for your property in Cornwall

By PoundandCo  |  Posted: October 04, 2012

  • A partly completed building project recently surveyed by Pound and Co in Truro.

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Pound & Co Chartered Surveyors based in Falmouth specialise in building surveys, throughout Cornwall which are bespoke,individual reports produced on a property, following a comprehensivesurvey. These are ideal for older properties and ones which have been altered over time. The aim of this service isto give you a detailed assessment of the condition and construction of theproperty, highlight problems and areas of repair and maintenance and indicationof timescale in which these need to be undertaken to safeguard your investment.


These surveys are particularly useful for larger properties, dilapidatedproperties, if the property has been significantly altered or if you areplanning a major conversion or renovation.  Building surveys are tailored to meet the clients needs.  The report includes detailed technicalinformation on materials and construction aswell as details on the defectfound.


It is important that caveat emptor (buyer beware) that you, as purchaser,are aware and go into your purchase with 'your eyes wide open'.  Often the report allows forre-negotiation of the purchase price, once the cost of defects identified havebeen costed and analysed, making any building survey a worthy investment. 


The alternative to the full building survey is the homebuyer's report,undertaken by Pound & Co. This is a comprehensive survey of the propertybut is written in a standard format and is provided with a valuation. Itdiffers in two main ways from the building survey:


1              It isdesigned for traditional type and construction, post war, in reasonablecondition.

2              Itidentifies what the surveyor considers to be the most important issues.

3              It alsoincludes the surveyor's opinion as to market value and reinstatement cost(which you will need for insurance purposes). 


It focuses on matters that, in the surveyor's opinion, may affect thevalue of the property if they are not dealt with.  It is a more economical survey but it is not suitable forall properties as detailed above.

Pound and Co are RICS members (Royal Institute of Chartered Surveyors)


If you would like to discuss a survey on your property anywhere in Cornwall then please do not hesitateto contact us on 01326 378585, or visit our website  www.poundandco.com    


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