SYKES
SURVEYS
Residential
Chartered Surveyors
QUALITY
INTEGRITY AFFORDABILITY
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SYKES
SURVEYS |
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Pre-Sale Surveys |
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A Government survey has shown that around 1 in every 4 sales (actually 28%) fall through and, of those, a massive 43% are due to problems coming to light in the survey or valuation. If these problems had been discovered BEFORE the property was marketed, they could have been factored into the negotiations/sale price - problem solved. Not only that, but any negotiating advantage a prospective purchaser may have gained from an adverse survey/valuation would evaporate. The truth of this is confirmed by the fact that the Government has introduced compulsory Home Information Packs which must be produced whenever a property is put on the market. This Home Information Pack may include a voluntary Home Condition Report which is, essentially, a pre-sale survey. The reason for this is that it has been shown that, if any potential problems with a property are discovered before it is marketed, the likelihood of any subsequent sale falling through is considerably reduced.
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