While some people question the role that surveyors play in the role in the property market, there is no doubt that the appearance of a surveyor can make the property market run a lot more smoothly for all of the involved parties. There is a lot to be said for getting professional assistance when it comes to buying and selling property, especially in the current climate for houses and property.
Statistics released by the Royal Institution of Chartered Surveyors (RCIS) indicate that the number of properties that are being sold by surveyors is at the biggest level it has been at in the last 6 years.
The studies focused on the period between January and March of 2014, where it highlighted more than 22 homes were being sold for every chartered surveyor. This is the highest level of sales for individual chartered surveyors since February of 2008.
The demand involved with the market and a rising number of enquiries by buyers means that there is a great level of pressure on professionals involved with the property industry to push through deals at a faster rate. The complications involved with property chains means that there is a high level of pressure placed on surveyors to ensure that there is a high level of turnaround and that
chains are being concluded on or ahead of schedule. This is where working with a good quality surveyor can make a massive difference to the success or failure you achieve in the property market. Even though London surveyors are finding themselves being forced to work to a higher standard in less time, there is a growing number of surveyors and firms that are going above and beyond in the market.
This is a service that is in Demand
Given the cost of property in London at the moment, and of the importance of getting it right, it is understandable that many surveyors in London are asking for a premium from clients. There is a need for these professionals to provide a premium service, so the charge that is asked for by professionals is befitting of the service that they offer. There is a high level of peace of mind to take from obtaining a reliable review from a surveyor, and this is exactly what people are looking for when they buy a home.
There are many things in life that represent a false economy. If you know that you are going to be spending a considerable amount of money on buying, it can be tempting to make savings anyway that you can. There is a need to think about the overall cost of buying property and even on top of buying the home, there can be a lot of money to lay out. This may lead some buyers to look for a cut price surveyor who will provide a quick summary of the property and then move on to the next role. If you are fortunate, this may be enough to tell you what you need to know about the property but this sort of action increases the likelihood of missing out on important information or data. This is an issue, and one that could negate the cost saving made by hiring a less than professional-professional.
In fact, skimping on the cost involved of having a property surveyed may lead to a lot of costs in the short and long term, so you may actually cost yourself money by trying to save money. There are many occasions in life when spending money on a reliable and reputable service brings so many benefits that it would be madness to try and do anything else. Buying a home is not like doing your weekly grocery shop where you can be fixated on finding the lowest possible price for what you need. A home, whether you intend to live in it or sell it on for profit, is a massive investment and having the property properly examined is crucial for every aspect of what it means to people.
It is also important to remember that survey companies like can provide added assistance to landlords and tenants that want to make sure they are getting the best deal for themselves. Whether you are looking to find the correct rental price to charge or you want to ensure that the property you are renting is of value, there is a lot to be said for hiring an expert to look over the property and then provide you with their expert opinion.
Andrew Reilly is a freelance writer with a focus on news stories and consumer interest articles. He has been writing professionally for 8 years but has been writing for as long as he can care to remember. When Andrew isn’t sat behind a laptop or researching a story, he will be found watching a gig or a game of football.