The housing market in Scotland offers a veritable feast of differing opportunities in terms of home ownership. Resale properties, such as flats and small holdings, through to all manner of new builds are available throughout the country.
These provide the purchaser with a multitude of options to satisfy their requirements. In terms of acquisition, new build properties have become a popular choice for many. However, as with any form of building work, there can be issues which can become apparent after taking possession of a new home. This is why many are now employing the services of suitably qualified surveyors to conduct what is known as a "Snagging survey."
What is a snagging survey?
A snagging survey is a form of house survey. It relates to new build properties and is aimed at picking up all the minor and occasionally major elements of a new build that require fixing prior to the purchaser taking possession of the property. These can include elements such as a door that doesn't quite close properly, other elements in the house that are not functioning the way you would expect, through to external elements of the property. The reality is that the majority of issues picked up during a snagging survey are usually cosmetic and can be repaired reasonably quickly by the builder. However that is not always the case and more serious issues can sometimes be found which require immediate attention.
When do you have a snagging survey conducted?
Typically the most opportune time to have a snagging survey is between the completion of the build and the legal completion date. This provides the builder the opportunity to correct the relevant issues highlighted in the snagging list. In saying that, it is also possible to conduct the snagging survey within the first couple of years of ownership, and the developer usually must repair the elements described in the report.
DIY or professional Snagging survey?
Whilst it is possible in some respects to conduct your own snagging survey, the reasons that most do not, is that a professional surveyor will be able to highlight and pick up elements that you may well miss. This would no doubt have repercussions at a later date. Also the professional surveyor will usually report their findings direct to the developer which increases the chances of getting them fixed much quicker.
What does a snagging survey cost?
When purchasing a new build property, the inherent cost of the property and related legal costs can be substantial. The reality is that in real terms a snagging survey will cost anywhere between £300 to £600. This is a small sum to highlight any potential problems that can be rectified at the appropriate time by the developer at no cost to yourself. Taking into account that any potential problems can be found which could impact the value of the property at a later date, or worse still, require expenditure out of your own pocket to put right, it makes sense to most people to conduct a snagging survey.