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- Disposal & Vendor Surveys
Disposal & Vendor Surveys
T: 0161 518 8671
E: bc@roger-hannah.co.uk
Carried out by our RICS accredited surveyors, our disposal and vendor surveys provide an impartial and comprehensive analysis of the property tailored to your needs.
Disposal Surveys
This type of survey is often used where a building may be in a dilapidated state and the owner wishes to sell the site. A disposal survey would be prepared with the objective of assessing the condition of a property and advising on any potential issues that are considered likely to be raised by a purchaser, pre-empting any barriers and maximising returns for the asset. Including Dilapidations if a leasehold interest and any other specialist cost advice on any works required.
Vendor Surveys
Vendor surveys are usually associated with the disposal of an investment interest.
The vendor survey is commissioned and funded by the vendor for the benefit of an eventual purchaser whilst allowing owners to understand the condition of their property and any impact it may have early on in the process.
Vendor surveys include a detailed survey of the property for issuing to potential purchaser and for assurance and retention by the final purchaser, helping to speed up the disposal process and minimise any potential delays.
What is included in a Disposal & Vendor Surveys?
Each survey we carry out is tailored to the individual needs of our clients.
As well as identifying building defects our surveys will indicate whether a property complies will relevant statutory regulations and comment on pertinent planning, legal and environmental issues. A typical survey will include:
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A review of relevant technical and legal documentation.
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A full internal and external survey.
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A survey of and advice on, building survey systems.
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An assessment or deleterious materials.
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An assessment of environmental and energy performance matters.
Advantages of Disposal & Vendor Surveys
One significant advantage of Disposal and Vendor Surveys is that it takes the building survey off the transaction critical path, where they are prepared before the property is marketed.
Other advantages of conducting disposal and vendor surveys include:
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By highlighting issues at an early stage, the vendor has more time to take remedial steps which can save money and help maximise a properties sale value.
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Both parties to the negotiation are better informed at an early stage, helping to establish trust and better decision making.
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The need for separate inspections by multiple prospective purchasers can be avoided.
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The need for a vendor to conduct their own survey to confirm the findings of a prospective purchaser can be avoided.
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The property condition and any impact on the sale value can be identified early on in the process.
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