A review on downsizing property due to changes in circumstances

Gazumping

Gazumping is now very common in the process of buying a property. Until contracts are exchanged the sale of a property is not legally binding. This gives the seller free reign to accept higher offers from new prospective buyers and can often leave the original buyer financially and emotionally stretched.

Dependent upon how far along the sales process has reached the first potential buyer could already have paid out for Surveyors fees and Solicitors fees. This can happen a number of times during the process of buying your ideal house or home where there are too many buyers interested in buying too few properties.

Here are some of our surveying articles that may be of help to you

Beware of bargain properties

Do estate agents tell the truth or do they just want the house sale?

Beautifully Naive Thoughts

What does a Surveyor do on a Structural Survey?

Our Surveyor met the client at the property during the survey

We have met this particular client a couple of times at the properties we have surveyed for them. Where possible we recommend all our clients try to do this as it is important for us to understand your requirements. We are also able to discuss and show you any problems or issues we come across as we walk around the property. These could include such things as problems with the roof structure or dampness entering the property because of high ground levels.

Location, location, location! Is this more important than your ideal property?

When you have a location in mind that you would like to live in the price of the property in that area can sometimes be higher than you first thought. The decision then needs to be made as to whether you stay with the location that you like, and decide to buy a property that is maybe smaller or not to the standard that you were hoping for, or whether to consider changing locations. This can be an even harder decision to make when you ‘have to' downsize due to your circumstances and especially if it is below the standard that you are used to or that you would like.

We can advise on alterations and improvements

When we carry out a building survey we are more than happy to discuss future alteration and improvement ideas you may have. These may involve things such as adding an extension, a loft conversion or replacing timber windows with plastic double glazed windows, with trickle vents to improve air movement.

During our recent survey we were able to talk to the owners of some neighbouring properties who were happy to talk to us and our client about improvements that they have made to their properties.

Trickle Vents Defined

Trickle vents allow a trickle of air through, therefore stopping/reducing the likelihood of condensation occurring within the property.

What do the circles and ovals mean in our reports?

The red ovals and circles are a system that we use within our structural surveys and building surveys to help explain to you or highlight problem areas or characteristics of a property. If the report, along with our photos, does not explain the problem or characteristics of a property enough then we also have a vast range of sketches that we have had commissioned exclusively for us that we can use in our reports.