According to new research by RICS, over a fifth of home buyers who did not take out a pre-purchase survey are in a property they would never have bought had they been aware of its true condition before purchase.
The recently released results of the Royal Institution of Chartered Surveyor’s survey of home buying consumers show that homeowners who did not get a survey are lumped with an average of £5750 in repair bills – matters that would have been highlighted before exchange of contracts by a competent Chartered Surveyor.