Residential Property


When you purchase a property the principle of “caveat emptor” (let the buyer beware!) applies. We would therefore always advise any prospective purchaser of a property to have a survey prior to exchange of contracts in order that they can discover any physical defects that the property may have. After exchange of contracts it is too late!

Although the cost of a survey can seem high this is money well spent – would you want to purchase a property that on the face of it looked perfect – then you found it was subsiding after completion?

Also if the survey does bring up physical defects you may be able to renegotiate the price with the seller to take account of the repairs that will be required.

There are three main types of survey:-

  • The basic valuation – this is the simplest and cheapest survey that can be carried out and merely establishes the property’s value on the open market. Mortgagees will normally carry out this survey before they agree to lend on the property.
  • Home buyers valuation and survey report – this is more detailed than a basic valuation but is not as extensive as a full structural survey. Typically the surveyor will not inspect unexposed or inaccessible areas such as the roof space or below floorboards. These surveys can often be carried out by the lender’s surveyor instead of the basic valuation survey and may mean that you only incur one fee.
  • Full structural survey – this is the most comprehensive survey you can have and should reveal any problems in the property. This is the best survey to have especially if you are purchasing an old property or you are planning any alterations.

We can give you details of local surveyors in order that you can carry out the survey and would strongly recommend that you do this. If you would like more information please contact us.

Email us or go back to our contact details.

Our Residential Property Team

T: 020 7288 4719
Nicki Iliffe
I have worked for Bolt Burdon for over twenty years and I am a partner and became the C.O.O. (Chief Operating Officer) in 2017. Read More
T: +4420 7288 4798
Melanie Carroll
I am a Partner and Solicitor at Bolt Burdon, specialising in residential property work, and leading one of our residential property teams. Read More
T: 020 7288 4712
Sarah Davies
I am a Licensed Conveyancer and a Partner in Bolt Burdon. I head one of the residential conveyancing teams and have in excess of 10 years experience in residential conveyancing. Read More
T: 020 7288 4758
Amie Mackay
I am an associate solicitor and head the New Build Residential Property Team. Read More
T: 020 7288 4705
Sonal Ghelani
I am a Partner in Residential Property team at Bolt Burdon. Read More
Cathrine Williams
I am an Associate Solicitor in the Residential Property Department. Read More
T: 020 7288 4715
Krupa Shah
I am a senior solicitor in the Residential Property Department. Read More
T: 020 7288 4749
Sian Farrell
I am a Solicitor in the Residential Conveyancing team at Bolt Burdon. Read More
T: +4420 7288 4761
Ella Wright
I am a Senior Paralegal in the Residential Property team at Bolt Burdon. Read More
Malwina Konopinska
I am a senior paralegal in the Residential Property Department. Read More
T: 020 7288 4718
Cansu Iscan
I am a paralegal in the Residential Property team and assist with a wide range of conveyancing transactions. Read More
T: 020 7288 4776
Ana Botez
As a Paralegal in the Residential Property team, I can assist on a variety of conveyance transactions including purchases, sales, new build properties and re-mortgages. Read More
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