LEVEL 1 SURVEY & VALUATION

THIS TYPE OF SURVEY IS A SIMPLE, CONCISE REPORT THAT GIVES AN OPINION OF VALUE OF THE PROPERTY AT THE DATE OF THE INSPECTION, WITH A GENERAL OVERVIEW OF THE CONDITION OF THE PROPERTY.

WHILST THE SURVEYOR MAY IDENTIFY SOME DEFECTS WHICH HE CONSIDERS REQUIRES FURTHER INVESTIGATION, THE INSPECTION AND REPORT IS NOT FORMULATED TO COMPREHENSIVELY ASSESS THE CONDITION OF THE PROPERTY IN QUESTION. IT IS A GENERAL OVERVIEW. IT IS SOMETIMES FAVOURED BY CASH PURCHASERS, WHO HAVE SOME KNOWLEDGE OF PROPERTY MATTERS (IE. INVESTORS).