Property Valuation And Survey

499 views · Published 17 June 2017 · 1:58 · Indexed 10 November 2026

Channel: Life The Basic Manual · 2017 · Education

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In this playlist, Lawrence Copeland, a chartered surveyor and estate agent with many decades worth of experience in the property business, has given us an insider’s view on how to buy your first property. 
 
Lawrence has guided us through the entire journey, using his knowledge and wisdom to demystify this often difficult and intimidating process. From helping us to clarify where we want to live, and how much we can afford to pay, to the nitty gritty of offer and counter offer, he’s been with us all the way. 
 
In this clip, he outlines what kinds of survey you are likely to need, and what kinds of valuation your lender will probably demand. 
 
There are three fundamental categories to this. The information in the first type of survey will probably stay largely with your lender, other than the headline of the price tag. 
 
The second type of survey, a general homebuyers report (average price at the time of writing £350 - £400) should give you a good insight into the basics of the property you’re looking at. Lawrence feels this level of scrutiny is appropriate for new builds. 
 
The third, and most expensive option is a more extensive and detailed survey of the property, that will give you a picture of its structural integrity in a more in-depth way. The prices on this kind of survey vary widely, from a few hundred pounds up to a thousand. 
 
For more on Lawrence’s work, please see https://lawrencecopeland.com


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