Homebuyers Survey Why You Should Get One
Buying a home is one of the biggest financial decisions you’ll ever make. So, wouldn’t it make sense to know exactly what you’re buying before you commit with a Homebuyers Survey?
At Orchard Mortgage Solutions, we recently worked with a client who received their mortgage offer quickly, thanks to a desktop valuation carried out by the lender. On the surface, the property looked fantastic — freshly decorated, modern interiors, and an “immaculate” finish throughout. But something didn’t quite sit right.
One detail raised our concern: an EPC (Energy Performance Certificate) rating of G — the lowest possible. That simply didn’t align with the pristine cosmetic appearance. This contradiction prompted us to advise the client to invest in a Homebuyers Survey.
The result? A shocking list of hidden issues that the lender’s remote valuation completely missed.
The Hidden Dangers: What the Homebuyers Survey Revealed
Thanks to the survey, the client discovered:
- 🛑 Damp throughout the property, not visible due to recent redecoration
- ⚡ A complete electrical rewire was required, posing potential safety risks
- 💧 Old water tanks in the loft were deemed unsafe, with a real risk of Legionnaires’ disease
- 🏚️ The roof needed full replacement, an expensive and essential job
- 🚱 Lead pipework was still in use — a serious health hazard and a red flag for any buyer
Without this survey, the client could have unknowingly purchased a property requiring tens of thousands of pounds in remedial works — on top of their mortgage repayments.
What Is a Homebuyers Survey and Why Is It Important?
When you apply for a mortgage, your lender may carry out a valuation — but this is often for their benefit, not yours. In many cases, it’s a desktop valuation based on recent sales data and property information, with no physical inspection.
That’s why a Homebuyers Survey is essential for your protection. It’s your opportunity to fully understand the condition of the property before you complete the purchase.
The Three Main Types of Surveys:
1. Level 1: Condition Report
A basic “traffic light” report on the general condition of a property. Best for newer homes in good condition.
2. Level 2: HomeBuyer Report
A more detailed survey covering visible defects, damp, structural movement, insulation, drainage, and includes a property valuation. Ideal for conventional homes in reasonable condition.
3. Level 3: Building Survey (Full Structural Survey)
A comprehensive inspection that covers everything from the roof to the foundations. Recommended for older, larger, or heavily altered properties — or when major works are planned.
What Can a Homebuyers Survey Help You Do?
- ✅ Avoid unexpected repair costs
- ✅ Make informed decisions
- ✅ Renegotiate the purchase price
- ✅ Walk away from a bad investment
- ✅ Ensure safety for you and your family
In our client’s case, the survey findings allowed them to reassess their offer and avoid a financially disastrous purchase. And it’s not a one-off — we’ve seen this scenario many times, especially when buyers rely solely on lender valuations.
Don’t Let Cosmetic Finishes Fool You
In today’s competitive property market, many homes are dressed to impress. But fresh paint and fancy lighting can mask major structural issues. A low EPC rating, signs of recent refurbishments, or simply an unusually fast mortgage offer are all reasons to investigate further.
Final Thoughts: Invest in Peace of Mind
At Orchard Mortgage Solutions, we don’t just secure your mortgage — we help you protect your investment. We’ll always tell you when we see red flags and guide you through the survey process so you know exactly what you’re buying.
📞 Thinking of buying a home? Speak to our friendly team about how we can support you with professional mortgage advice — and why a Homebuyers Survey should be part of your plan.
Ready to buy with confidence?
Contact us today at www.orchardmortgagesolutions.co.uk
Or call us on 01257 543013 to speak with a member of our Team.
