For a property to be mortgageable, it must be suitable for buildings insurance subsidence cover. Quite often,
building structural defects are only noted during the course of a valuation survey for a prospective purchaser,
which causes stress for both the owner and the prospective purchaser alike. Such defects may include:
- Subsidence or settlement
- Superstructure cracking and distortion
- Roof spread or sagging
- Bulges to walls
In order to ensure that further delays are kept to an absolute minimum, Hipwell Consulting is able to undertake
a visual inspection, or “first look” survey, of a property and provide a written report, within four working days
of an instruction (subject to access arrangements), all for a low-cost fixed fee.
This inspection will be sufficient to determine if there is any cause for concern and the report will identify the
scope of any further investigation that may be required and the likely extent of and budget costs for any remediation
for both best- and worst-case scenarios; in short, it enables the client to make an objective assessment as to whether
to continue further, without committing to further extensive costs involved in either the sale or purchase of a property.
These reports are always prepared on an impartial basis, regardless of whether the instructions emanate from a vendor or
prospective purchaser and not with the intention of benefiting one party over another.
