Tag Archives: Hull Property Surveys
RICS UK Housing Market Survey November 2012
Activity indicators continue to edge upwards
• New buyer enquiries rise for third consecutive
• Sales per surveyor climb to best level since April
• Price indicator point to stable picture
The November 2012 RICS Housing Market Survey suggests that
prices at a headline level remain broadly flat while transaction levels
continue to edge upwards. Moreover, the forward looking indicators
contained in the survey covering both the three and twelve month
horizons suggest that this picture is likely to persist through the
course of the coming year.
Most surveying practices offer a standard 3 variations of survey depending on the age and type of building that the purchaser has in mind.
The most basic survey is the private valuation (PV) which takes into account significant disrepair or need for refurbishment and also identifies potential hazards such as rights of way infringements and lack of regulations. Typical costs range between £100 and £150 + Vat and this type of survey is requested by most lenders to determine if a property is suitable security for mortgage purposes or when clients require tax or matrimonial settlement advice.