It’s been a difficult few months for the housing industry. Most property-based businesses were forced to grind to a halt back in March as the nation got to grips with the COVID-19 pandemic, and many chains fell apart as a result.
But now that the market has been able to open up again, and the government has introduced a range of measures to get the property sector moving, there’s renewed interest in buying and selling.
Stamp duty rax rates have been temporarily reduced until next year. This is great news for those who want to save a bit of cash on properties up to £500,000 in value – but as it stands, homeowners need to complete the purchase before March 2021 if they want to make sure they don’t miss the boat.
This situation has created a sense of urgency, and many people who are eager to move before the spring are being tempted to cut corners during the conveyancing process just to make sure they don’t become liable to pay stamp duty if everything overruns. But trust us when we say you should never rush through to the point of exchange without investigating every aspect of your property – including its drains!
You will need to carry out a pre-purchase survey on your new home to satisfy your mortgage lender’s requirements, so it makes sense to check the condition of your plumbing and drainage systems while you’re at it. The last thing you want is to move into your new property and find big issues with your services – a little bit of work now could save you from disaster later on!
It’s even more important to arrange a Home Buyer’s drain survey if you go for a viewing and notice there are trees or shrubbery growing near your pipes, as these could be causing unseen blockages that could be interrupting water flow.
Keep an eye out on our blog for more information on our Home Buyer’s drain surveys, and why we think they’re a crucial investment for anybody who’s got their eye on a new property. In the meantime, if you are thinking of buying or selling your home in the next few months, contact our team to discuss how booking in a pre-purchase survey could give you extra peace of mind and enable you to navigate the buying and/or selling process with more confidence.