Property Survey London | Costs & Benefits

A property survey in London is generally required when you purchase a house, flat or a commercial building.  It’s also a prerequisite if you are looking for a lease extension and can be useful if there are boundary disputes in determining party wall awards. 

While a property survey means an extra cost, the good news is that getting a Chartered Surveyor to view a property means you have complete peace of mind that there are no hidden issues once you exchange contracts. As home buyers, this applies whether you are buying a new property or a much older one. 

Here we look at what RICS Chartered Surveyors do and the types of property surveys in London they undertake:

What is a Pre-Acquisition Property Survey?

In general, a property survey looks at the structure of a particular building, whether it’s a home or commercial asset, and highlights any structural issues, repairs and other potential problems that need to be resolved or which may affect the integrity of the building and its value. 

A building survey is carried out by Chartered Surveyors who are usually members of the Royal Institution of Chartered Surveyors  (RICS), Institution of Civil Engineers (ICE) Residential Property Surveyors Association (RPSA) or other such regulatory authorities. It’s important when you are having any building surveys undertaken that the surveyor is a member of at least one of these organisations. 

The types of surveys undertaken will depend on the property, its age and the stipulation of the mortgage company, if one is involved. For example, an RICS Level 3 Building Survey is more extensive and involves a very detailed report with estimated costs for repairs. An RICS homebuyer survey, on the other hand, will be less detailed but covers most of the basics that you may be concerned with and satisfies the needs of a mortgage company when a valuation is included. 

The key to any property survey is that it gives you information on potential problems that may be hidden from plain view. For an older property, it could highlight an issue with damp penetration or roof defects that can be very costly to put right. Chartered Building Surveyors produce a standardised report that will look at various aspects of the building and they will report back on their condition. If issues are identified such as timber defects or problems with the foundations, for example, you are better placed to make an informed decision.  Surveys can include photos of problem areas as well as estimations of costs to put the defects right. It gives the buyer the chance to go back to the vendor and renegotiate the price or ensure that major issues are resolved and costs covered before the sale proceeds.

With the wide range of different properties in London, it’s important to make sure you choose the right  Chartered Surveyor and opt for the appropriate survey that is suitable for your property. These vary from Level 1 condition reports to a full building survey with valuation. Other types of surveys include specific defect reports and roof surveys that focus on a specific issue. 

The cost of your building survey can vary from just a few hundred pounds to a few thousand pounds, depending on the level of investigation. For newer properties, built within the last couple of decades, it’s often enough to have a simple homebuyers report. For older properties or large commercial premises, a full building survey is more appropriate

Property Survey London

Property Survey London Quotation

Property Survey London

Benefits of a Property Survey

Hiring a professional surveyor to examine your London property can be important whether you are buying, selling or simply want to review the condition of your home or commercial residence. 

  • Mortgage: A survey of some type is usually stipulated by the mortgage company and should include a valuation. 
  • Peace of mind: For the home buyer, a survey makes sure there are no surprises around the corner, especially when it comes to older properties. It’s important to pick the right kind of building survey to meet your needs and identify serious issues that may well have a cost in the future. 
  • Identify major as well as minor issues: Even homebuyer surveys can help identify problems with the property. Some of these might be relatively minor and easy to resolve. Others may well have implications for the price you are paying for the property and its ongoing maintenance. 
  • Plan for the future: As the old saying goes, forewarned is forearmed. If you are moving into a new property, whether it’s old or new, having a clear idea about the condition can help you plan effectively for the years to come. 
  • Renegotiate price: In some cases, the Chartered Surveyor may well identify issues in the property which means you can renegotiate what the vendor is asking for. If it takes £7,000, for example, to solve a damp issue or improve insulation in the property, this is a substantial outlay and not one you may be willing to cover. 
Property Survey London

What types of Property Surveys are available?

Whether to go for a full building survey or a  homebuyers report can be a difficult decision and it’s important to discuss the options with your Chartered Building Surveyors. Here we look at the main kinds of surveys and who they apply. 

Level 2 - Homebuyers Report

The RICS homebuyer report is the most common type of property survey and is used for many domestic home purchases. The report works using a traffic light system with green for areas that are in good condition, orange for areas that may need attention now or in the future but are not urgent and red for structures that require immediate repair or need to be investigated urgently. 

The homebuyers report. will not be as in-depth as level 3 for example, the surveyor will not pull up carpets or potentially look at the roof space in as much detail.

The report does, however, highlight any major issues that the property may have. It also gives you confidence that you are moving into a home that is fit for habitation and identifies areas where improvement or building work may be needed. 

RICS homebuyer reports can also be employed when renegotiating or extending a lease on a property and for party wall awards. 

Find out more about our RICS Homebuyers Surveyors in London. 

Level 3 - Building Survey Report

If you are looking for or need a more comprehensive survey then a London based chartered surveyor can produce a full building report. This is generally a good option if you are buying an older property that is likely to have some hidden issues such as damp or structural damage. 

It’s more than a purely visual examination and looks at areas such as:

The report will look at:-

  • Potential movement or subsidence associated with the property. 
  • Defects in timber structures. 
  • Damp and condensation issues. 
  • Your utility services such as gas and electric and heating as well as the condition of doors and windows. 
  • The structural integrity of the roof, external walls and other features such as chimneys. 

Your London Chartered Surveyor will be able to give you a complete insight into the condition of the property you are looking to buy which means you can also anticipate problems further down the line. There may be minor issues, for example, that could become bigger problems in a few years. While these may not be immediate, you can use the information to plan for the future. 

Full building surveys are ideal for older and commercial properties when looking a little deeper is always a sensible idea. 

Find out more about our full building survey reports. 

Specific Defect Reports

If you are buying a property in London,  your mortgage valuation may have highlighted specific concerns about the structural integrity of the building.  This is where a specific defect report can be useful as it focuses on a particular structural issue. 

Depending on the nature of the query, this is often undertaken by a Structural Engineer as they will be able to advise in further detail on issues such as cracking or suspected subsidence to ensure you have peace of mind and to satisfy the lender.

Arrange a specific defect report for your property. 

Roof Survey

If you have had a mortgage valuation or Homebuyer it may have highlighted that you need further investigations on the roof.  Roof surveys will only look at the roof and associated features, both internally and externally, in order to provide advice on the condition of the roof, present defects, remedial action and potential costs.  As a new roof can be a huge financial burden it is one of the areas that purchasers are most concerned about.  

These types of surveys can be carried out by physically getting up to the roof or, more often nowadays, by using a pole camera. 

Find out more about roof surveys. 

Recent Reviews from Harding Chartered Surveyors

Really outstanding sevice by Al. Very responsive and couldnt do enough to help.
Lewis Nurcombe
13:02 08 Mar 22
Professional and courteous. Thank you for your service.
D Alwan
19:02 19 Feb 22
Very professional, knowledgeable and efficient service from Harding. My surveyor (Al) - was very thorough, he took time to review my property internally and externally, discuss in detail the current situation and then followed up with an excellent detailed report and commentary. His inspection and work have given me vital and essential documentation on my property for now and the future. Thank you Al and I would highly recommend this organisation.
Nick Gee
13:01 03 Feb 22
Alaa is a very nice, helpful and knowledgeable, patient person. He was willing to spend time with me to go through the report in detail and provide me recommendations for any problems. Very professional service and highly recommended.
May Yao
16:56 21 Dec 21
Incredibly efficient and professional service. Survey report was very through and helpful in identifying areas of work needed to be undertaken urgently, together with a ball park cost. Speed with which they undertook the survey and turned around the report ensured the transaction kept to the tight timeline set by the vendors. Can 100% recommend them.
Jonathan Biggs
13:25 31 Aug 21
Very good communication and fast turnaround! I highly appreciated their service.
Juriana Spierenburg
13:34 02 Jul 21
Professional, helpful, friendly, prompt, value-for-money. I cannot speak highly enough of their thoroughly excellent and efficient service - in particular I really commend Kate's quick and friendly service (I always heard back same day on any query), and Jason's thorough but clear survey (he also phoned me to talk through report as well as submitting formal in writing).
Alex Durbidge
13:09 10 Jun 21
A very helpful, competent and customer-oriented team. Thank you for a great job.
Umar Manzoor
03:11 02 Jun 21
timely & friendly service. thank you
Ilian Walker
08:28 24 May 21
We received a a very detailed and informative survey report and were very happy with the service provided by the friendly and knowledgeable team!
Vishal -
12:20 23 Apr 21
The homebuyer's report carried out by Harding Chartered Surveyors was clear informative and timely. The level of detail was just what I needed in order to appreciate what the property needed doing and to help me with my decision to proceed with the purchase process.
Sara Thomas
09:07 19 Jan 21
Really helpful, made the process easy and really efficient service even though it was over the holiday period. Would def recommend / use again
Aimee Glensor
19:09 08 Jan 21
Kate is very responsive and also took time to advise me on the phone at the very beginning. Scott Ingham did our report. It was thorough and informative. Felt in safe professional hands throughout.
Claudio Mascolo
18:24 30 Nov 20
Scott completed a survey for me on a flat purchase and both he and Kate were great - very quick to respond, knowledgeable, thorough and happy to address any additional questions I had. Would definitely recommend and use them again.
Martina Glaser
17:56 28 Oct 20
I requested Harding to provide a valuation for a lease extension. Albert Wellington was in charge of my property and he was extremely professional and helpful in addressing all my concerns. I would recommend him and the company with no hesitation.
Bene Walters
10:47 05 Oct 20
A very efficient, timely and thorough service for us, as we go through the house buying process. I'd definitely use them again.
Claire Brown
14:17 19 Aug 20
Very satisfied with service. Report was delivered promptly and provided the information we needed.
Nicholas R.
10:05 23 Jul 20
Excellent service; professional, helpful, communicative and courteous as well as relatively quick. I would highly recommend.
Richard Denison Gay
14:49 02 Jun 20
Very efficient and professional. I had my survey few months ago before buying my house and I am still following the advice from the survey to fix and repair what needed. I dealt with Scott Ingham and I think he worked very accurately and checked everything very carefully. Highly recommended.
Marianna Ciampa
14:25 30 Jan 20
Needed a valuation for a property purchase and can honestly say the service was 1st class from start to finish. Queries were dealt with promptly and followed up via telephone to make sure I was happy with the responses.The team are extremely knowledgeable.Thank you Kate, Albert, David and the rest of the team I will definitely use the company again.
Amel Ahmed
16:15 13 Nov 19
Harding's were great - very responsive, gave a very clear and detailed report and were happy to run through their comments with me over the phone.
Millie Jones
16:07 30 Oct 19
Brilliant thorough service!
Emma Goldschmidt
16:21 01 Oct 19
Dealt with James Brook, very efficient and professional, James had the report sent out to us within 24hrs. would highly recommend.
Harry Coaker
09:46 22 Aug 19
Harding Chartered Surveyors are a very professional business who handled a challenging task for us with ease. I highly recommend them and will be using their services again.
David Good
10:34 20 Jul 19
Very efficient service and very detailed report. We are very satisfied.
Karen Ng
22:30 01 Jul 19
Really quick turn around and professional service.
Lily Kwong
10:38 24 Jun 19
The surveyor turned up on time as planned to survey the roof, both inside and out, then was happy to discuss it all with us afterwards. Bit tricky in high winds. Report arrived 2 days later, just what we needed. Professional and thorough. Recommended.
Kevin Loughlin
20:27 28 Mar 19
Quick, responsive and very thorough. Would definitely recommend Hardings to others, and will come back to them the next time I need a survey completed.
Jon Brennan
09:44 01 Mar 19
Quick, efficient and excellent service. Came as a recommendation from a friend and we’d happily recommend too.
Abi and Andy La Fontaine
20:57 20 Feb 19
Thorough and professional surveyors. Very happy with their service. Highly recommended.
Giulio Pepe
16:25 16 Dec 18
Good, thorough, and promptly scheduled homebuyer survey in Fulham. The surveyor called me and explained everything clearly.
Simon Wilson
15:54 10 Nov 18
I highly recommend David. Very good technical knowledge. He was always available for our questions, which included a detailed call on the same day as the survey. The written survey report was clear, detailed and included pictures and estimates of the cost of repairs.
Daniel Vernazza
10:41 29 Apr 18
David gave us a fantastic service and has been a huge help during our property purchase process. We have had 2 surveys carried out, both of which were arranged very promptly. Thorough and extremely useful telephone calls and full written reports were received shortly afterwards. David's reports and advice have been invaluable to us.
James Palairet
11:16 09 Jan 18

Costs of a Property Survey

The costs for any property survey will depend not just on the size of the property but on what you want to achieve. For older buildings, it’s often worth paying the extra cost for a full survey to ensure that there are no major issues that could cost more in the future. 

  • Homebuyers report: This is one of the most common options and in London, you should expect the starting price for a report to be around £600, depending on the size of the property. This will identify any major issues such as problems with damp and structural deficits and gives you, and your mortgage company, a good idea of the state of the property. You can also ask for a valuation of the property for an extra fee. 
  • Building Survey: The start price for a full building survey is around £750 and, again, will depend on the size and location of the property. The key here is that a full survey has the potential to identify damage and repairs that could cost you thousands in the year to come. It’s worth making the extra investment particularly if you are buying an older property as it can help you renegotiate the asking price if issues are found. 
  • Specific defect report: This is a specialist survey that will look at a particular issue such as subsidence, damage to exterior walls and dampness. The cost can vary between £400 and £1500, depending on the issue. 
  • Roof survey: Roof surveys generally cost from £600  But a drone survey will be even more expensive

Why getting a Property Survey in London Matters?

Property surveys are an integral part of buying and selling properties and hiring the services of a professional team of Chartered Surveyors is essential.

It’s critical to choose the service that best matches your needs as this will save you both time and money in the long term. London is home to a wide range of different properties from old and new to flats and large estates. And, of course, buying a property is a large investment and one you want to get right with no nasty surprises around the corner. 

At Harding Chartered Surveyors, our Chartered Surveyors are RICS registered and here to help, at whatever level of inspection you need. If you are purchasing a property in London, contact our team today to book an appointment.