Why Choosing a Surveyor Based Solely on Price May Cost You More in the Long Run
When purchasing a home, it’s tempting to select a surveyor offering the lowest price. However, this approach can be misleading and potentially costly. Here’s why prioritising quality and expertise over cost is crucial when choosing a surveyor for your home survey.
The True Value of Expertise
Surveyors with extensive experience and qualifications often charge higher fees, reflecting the depth of their knowledge and the quality of their service. Opting for a less expensive, less qualified surveyor may result in overlooked issues, leading to significant repair costs down the line. As highlighted by The Times, buyers who disregarded survey warnings faced substantial expenses to address problems that a thorough survey would have identified.
The Importance of RICS Accreditation
The Royal Institution of Chartered Surveyors (RICS) sets stringent standards for professionalism and competence in the surveying industry. Choosing a RICS-accredited surveyor ensures adherence to these standards, providing you with reliable and comprehensive survey reports. RICS members are committed to continuous professional development, ensuring they remain updated on industry best practices.
Local Expertise Matters
Engaging a local surveyor familiar with the regional property landscape offers distinct advantages:
- Knowledge of Common Issues: Local surveyors understand area-specific problems, such as subsidence or dampness prevalent in certain locales.
- Awareness of Market Conditions: They possess insights into local market trends, providing context to their assessments.
- Established Relationships: Local professionals often have connections with reputable contractors and specialists, facilitating swift resolutions if issues arise.
Case in Point: The Risks of Prioritising Cost Over Quality
A recent article in The Times detailed the experience of homeowners who faced significant expenses due to damp issues that were highlighted in a Level 2 survey but not acted upon. This underscores the importance of not only obtaining a comprehensive survey but also heeding its findings. This is one of the reasons we always offer a post-report check in with our clients either via MS Teams or over the phone.
Conclusion
While it’s essential to consider costs, basing your choice of surveyor solely on price can lead to unforeseen expenses and stress. Prioritising qualifications, experience, and local expertise ensures a thorough and reliable home survey, safeguarding your investment and providing peace of mind.
If you’re seeking a qualified, local surveyor in the East Midlands, contact us today to discuss how we can assist you in making an informed property purchase.
