Valuation information

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The level of detail which a surveyor will include in a valuation or building report, depends on the type of report being carried out. The table here shows you what would be included in a typical report.

 

Valuation report

Survey and valuation

Building survey and valuation

What is it?

This is a very brief report on the property and its market value.

This report is just for our purposes but your client will be sent a copy.

It's based on a limited inspection of the readily visible and accessible parts of the property.

This level of report may not mention matters that could affect a decision to buy.

The survey is for your client and we don't receive a copy.

We only receive and make our lending decision on the valuation.

The survey gives guidance on defects and other issues that may affect the property.

The surveyor will send the appropriate terms and conditions for your client to read, sign and return.

The building survey is for your client and we don't receive a copy.

We only receive and make our lending decision on the valuation.

The building survey is a detailed report on the property, which can be tailored to fit your client's requirements.

The surveyor will send the appropriate terms and conditions for your client to read, sign and return.

Inspection of
concealed parts

cross

cross

tick
Level of detail by arrangement

Exterior inspection

Brief

General

Detailed

Evidence of major problems e.g. structural movement

tick

tick

tick

Roof covering

tick
From ground level only.
Flat roofs if visible from within the property.

tick
Pitched roofs from ground level and with binoculars. Flat roofs if visible from within property and from using a ladder up to 3m height.

tick
Level of detail by arrangement

Drain inspection/test

cross

tick
Accessible drain covers
are lifted

tick
Level of detail by arrangement

Foundations and underground soil

cross

cross

tick
Level of detail by arrangement

Internal inspection

Brief

General

Detailed

Damp tests

tick
Damp readings taken to accessible areas

tick
Damp readings taken to accessible areas

tick
Damp readings taken to accessible areas

Carpets moved

cross

cross

tick
Level of detail by arrangement

Furniture moved

cross

cross

tick
Level of detail by arrangement

Roof space inspected

tick
Head and shoulders only where reasonable access

tick
With reasonable access

tick
With reasonable access

Sub-floor space inspected

cross

tick
Limited inspection with reasonable access

tick
Level of detail by arrangement

Window operation
checked

cross

tick
Sample only, if not locked or painted shut

tick
Level of detail by arrangement

Visual inspection of services, such as electrical equipment or central heating

tick

tick

tick
Level of detail by arrangement

Testing of services, such as electrical equipment or central heating

cross

cross

tick
Level of detail by arrangement

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For independent information on mortgages, visit the FSA website 'Money Advice Service'.

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