Know what to look out for when buying a property
Make an informed decision
Buying a new home can be an exciting prospect, but it’s important to be aware of the potential risks that any property could have. At Mike Kidder Associates, we’re here to offer buyers advice and support, ensuring that they can make a well-informed purchase, without any hidden surprises. With over 39 years of experience, we have a thorough understanding of what to look out for.
We’re always happy to offer advice on a range of problems that could be affecting the property you are interested in buying. Below you can learn about five of the main problems to look out for. Whilst most properties will not have all or any of these issues, it doesn’t hurt to know what to look out for. If you would like to know more, feel free to contact our Sheffield-based team.
Structural movement
Structural movement in buildings is a complex matter that can be caused by a variety of local factors such as tree roots, damaged drains or by shifting foundations over time.
If you instruct us to carry out an RICS Survey Level 2 this can help to identify any structural movement there may be at the property you wish to purchase, We can then advise you within the report on what future steps need to be taken to help you address the problems before you take ownership. This is important if you want to avoid problems with resale or in obtaining adequate insurance cover.
Radon gas
Radon is a naturally occurring gas given off by certain rocks and minerals that can be found all over the country. The gas is heavier than air and consequently it can accumulate in buildings where the ventilation is restricted or obstructed by poor building design or over-insulation. Build-up of this gas can lead to health issues.
As part of our RICS Survey Level 2, the surveyor will check if the property is in a high risk area, and if so you will be advised to ask for any previous testing that may have been undertaken on a property.
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Damp and timber decay
In many older buildings damp and timber damage can be present, often caused by a lack of maintenance or by inappropriate alterations to structures.
The damage can be considerable and often difficult to remedy due to the disruption involved in repairing the affected area. The report will help identify these issues and give guidance on obtaining specialist advice towards getting the repairs undertaken.
Asbestos
Asbestos was commonly used in the 20th century as a cheap, versatile and fireproof material for building construction. However, it is hazardous to people, particularly if disturbed, and requires specialist contractors for removal of the material. This is to ensure that all traces of asbestos are removed safely and in accordance with industry regulations. Undamaged asbestos is generally safe, but a survey will help determine if any action is required.
Japanese Knotweed
Japanese Knotweed is an invasive species of weed with an infamous reputation, primarily as a result of the damage it can cause, and causing issues when it comes to getting a mortgage. The presence of Japanese Knotweed has the potential for boundary disputes where the weed encroaches on neighbouring properties.
A thorough survey can help to identify if the weed is present, and advise on what would need to be done.
