When buying a new build property, it is highly recommended that you have a snagging survey carried out. It’s important to note that this is not a legal requirement. However, it will highlight any potential defects that you may encounter when living at the property.
You will need to hire a specialist snagging surveyor to conduct the inspection. If any issues are noted, the developer will have the opportunity to rectify them before you move in.
Below we discuss everything you should know about snagging surveys and whether you need one.
What is a Snagging Survey?
A “snag” is defined as a defect found in new build properties. The survey itself is a thorough inspection of the interior and exterior of the property. If the property has not been built, the surveyor will inspect the plot and blueprints to ensure that everything is going according to plan. This includes a review of the building materials and the condition of the plot.
Some defects commonly found include poor roof insulation, faulty installations, and drainage issues.
The surveyor will draw up a report following the inspection, detailing any issues found. Where major problems have been detected, they will provide advice on how these defects can be corrected before the buyer moves in.
What is an NHBC Warranty?
The National House Building Council Warranty, also known as an NHBC Warranty, protects new-build buyers. It covers various financial aspects of the transaction including the buyer’s deposit. The warranty may also come with insurance for a set period following the completion of your purchase.
It’s always important to review the terms and conditions of the NHBC Warranty before proceeding with your purchase. In many cases, the policy may only be approved if the reparation value exceeds a minimum amount. Severe issues may also take a long time to be repaired.
Some people purchase a new build property with an NHBC Warranty without having a snagging survey carried out. However, hiring a snagging surveyor means that you will have a better understanding of the property and what to expect before you move in. It can also prevent you from having to make a claim on your warranty in instances where a snagging survey has flagged the defect.
How Much Does a Snagging Survey Cost?
Snagging surveys cost between £300 and £600 on average. It will provide you with peace of mind and confidence in your property purchase.
If the survey is carried out early in the process, any issues can be corrected quickly by the developer. In some cases, snagging survey reports can be used to lower the offer on the property. This is especially the case if it is something that the buyer will have to pay to repair.
Finding a Snagging Surveyor
There are several ways that you can find a snagging surveyor that is right for your needs. This ensures that you get the best service and results.
Comparison Sites
Using comparison sites ensures that you find a surveyor working in your area. Any reputable moving comparison site will only accept snagging surveyors onto their network that are regulated by either RICS or the RSPA. This means they are guaranteed to carry out all inspections to high standards.
RICS and RSPA Websites
You can also research the RICS or RSPA websites to find firms operating in your area.
Recommendations Another way to find a surveyor is by asking friends and family for recommendations if they have recently hired a surveyor. In these instances, always make sure they offer snagging surveys and read online reviews.
