What to do after a Bad Report on Building Survey?
The house you’re going to buy may look sound to you, but there may be more than meets the eye. What may have been shown to you as an attractive building can actually be concealing all sorts of issues needing specialist attention. A building surveyor has the expertise and experience to determine if there’s anything […]
What to Check before Buying a Leasehold Property?
Buying a home is one of the largest investments you will ever make, but when you buy a leasehold, you are only buying the building, not the land the building is built on. However, when you purchase a leasehold property, you will be buying the right to live in that property for the term of […]
Common Myths about a Property Survey
Property surveying is a complicated technical field with so much misunderstood jargon that it is easy to get the wrong end of the stick unless you are a Chartered Surveyor yourself. This is why there are so many misconceptions about building surveys amongst the general public. We explore several of the most commonly-held false perceptions […]
Guide to Subsidence: Why is it a Big Problem?
Subsidence is a word that every homeowner (and buyer) dreads, but what exactly does it mean for the property, and what should you do if you come across it? Get a Building Survey for your Wimbledon London property to check for Subsidence Our panel of surveyors have experience in identifying signs of subsidence in properties […]
Can you Renegotiate after a Poor Building Survey result?
It often happens that some problems with the building are flagged from a survey which the buyer is completely unaware of even being there. Ranging from structural issues, damp, timber and roof defects to mortgage companies even refusing because of the invasive garden species Japanese knotweed. So a bad survey can put a sour note […]
How to Buy a Flat on a Short Lease
Thinking of making the plunge into flat ownership, whether to use it as a home or as a buy-to-let investment? Flats, which include apartments and maisonettes, are usually sold as leaseholds – and the length of the remaining lease has a big impact on the value of the property. So the price of a flat […]
Common Questions about Statutory Lease Extensions
Do you own a leasehold property, typically a flat or maisonette? The number of years left to run on the lease is a key component of the property’s market value, and there may come a time when a lease extension would make sense. So, what can you do? Many leaseholders are unaware of their right […]
Informal Lease Extension Advantages & Disadvantages
If the number of years on the lease equates to 90 or under, the leaseholder can obtain a lease extension. Under the provisions of the Leasehold Reform, Housing and Urban Development Act 1993 (the Act) residential leaseholders have a statutory right to extend their lease. However, this is often a long drawn-out and potentially expensive […]
How to Avoid Gazumping in Wimbledon London?
If you’re in the process of purchasing your next home, you know how long and hard your trek can be. If your offer price has been accepted, when solicitors are instructed, there’s such a lot that can go wrong before contracts are exchanged – gazumping being one example. The number of people buying a new […]
First Time Buyer? Book a Building Survey in Wimbledon London
The first time you buy property, it is an exciting and satisfying experience. You must keep your head and think logically about this big investment. Just as you would not buy a car without having it looked over you should not buy your first flat or house without getting a survey. With over 25 years […]
