The Cost Of Buying A Home
Mortgage lenders will carry out a basic valuation survey (from £150) to confirm how much the property is worth. Three other types of survey are available: a RICS Home Survey Level 1, Level 2 (previously a Homebuyer Survey) and Level 3, which is a full structural survey. Level 2 and 3 surveys are more detailed and can flag up any repairs needed. These can cost from £500 and £700 respectively.
Inheriting A Property
You have three main options when you’re left a property – sell it, rent it out, or move into it yourself. With each, there are important considerations.