Buying a home is one of the biggest financial commitments you will ever make, so it is only natural to want peace of mind before you sign on the dotted line. A property may look perfect on the surface, but hidden issues can cost you thousands down the line if you do not spot them early. That is where surveys come in. The two most common options are a Building Survey and a HomeBuyer Report. Both are designed to give you a clearer picture of the property you are buying, but which one is right for you?

What is a HomeBuyer Report?

A HomeBuyer Report is a popular choice for many buyers because it provides a detailed overview of the property’s condition without going into the same level of depth as a full Building Survey. It is often recommended for conventional properties that are relatively new, in decent condition, and built with standard materials.

The report highlights any urgent problems that need attention, such as damp, subsidence, or issues with the roof. It also looks at things that might affect the value of the property, which can be useful if you need to renegotiate the asking price. One of the main attractions of a HomeBuyer Report is that it is clear and straightforward to understand. You get the key information you need without being overwhelmed by technical detail.

What is a Building Survey?

A Building Survey, which used to be called a Structural Survey, is the most comprehensive type of survey you can choose. It is typically recommended if you are buying an older property, one that has been significantly altered over the years, or if you are planning major renovation works.

The survey involves a thorough inspection of the property and provides a highly detailed report. It covers everything from the structure and fabric of the building to potential defects that may not be obvious at first glance.

Because it is more detailed, a Building Survey does usually take longer to complete and can be more expensive than a HomeBuyer Report. However, for certain properties, it can save you from unpleasant surprises and give you complete confidence in your purchase.

Which one is right for you?

The choice between a HomeBuyer Report and a Building Survey really depends on the type of property you are buying. If the home is modern, straightforward, and in good condition, a HomeBuyer Report is often sufficient. On the other hand, if the property is older, unusual, or has visible signs of wear and tear, a Building Survey will provide the extra reassurance you need.

Think of it as a balance between cost and detail. Spending a little more upfront can sometimes save you a significant amount later.

Get expert guidance

At SelectSurv we understand that choosing the right survey can feel daunting. Our experienced Chartered Surveyors are here to guide you and ensure you make the best decision for your circumstances. We pride ourselves on delivering reports that are written in plain English and easy to understand, with direct access to our team if you have any questions along the way.

If you are buying a property in London and need reliable advice, get in touch with us today. We will help you choose the survey that fits your needs and give you the reassurance you deserve before making such an important investment.