Monthly Archive: June 2019

Mortgage valuation v building survey: the differences

Before buying, you need to be sure that your future home is structurally sound, and that your repairs budget will suffice in the event of defects being discovered. Both mortgage valuations and building surveys address the state of the property you are buying. Here we explain how they differ.

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Valuation v building survey

A mortgage valuation is a cursory check designed to satisfy your lender that the property you’re buying is worth the price you are paying for it prior to approving your mortgage (some lenders even carry out a remote ‘desktop’ assessment). It’s not for your benefit, and won’t highlight structural issues like dry rot or damp.

By contrast, a survey is a full-length property health-check that will explain your building’s physical condition and flag up any potential problems. While one in five buyers relies on a valuation alone, it is worth investing in a detailed building …

Why the living room is the most important room in the home

Many people say that the kitchen is the heart of the home, and while this room is where a lot of important activities take place, when it comes to relaxing and entertaining, the living room is focal point. That’s why so many homeowners go to great lengths to decorate and furnish the living room to an exceptionally high standard, as this is the room that will see most families and friends come together to relax, watch TV, play games or entertain. Here are some further reasons why the living room plays such an important part in our homes:

The first room that’s seen

In most modern UK homes, the front door opens into the living room or into a hallway that leads to the living room. As such, it is often one of the first rooms of the home to be seen by the owners as they arrive home …