ASBESTOS SURVEYS FOR MORTGAGE LENDERS – PRE-PURCHASE
It’s common practice that mortgage lenders, such as banks and building societies, will request for a asbestos survey to be carried out on a property before they approve you a loan. This is standard practice now as part of a building condition check, along with other more obvious factors such as gas and electricity.
It’s recommended that a asbestos building survey is carried out before you purchase a property to confirm the property is asbestos free.This ensures your safety while confirming to your mortgage lender that the property meets regulation standards and is a safe investment.
This type of survey is for exactly as the title indicates, for anyone purchasing a property. It became quite clear to us early on that this was a much needed type of survey for homebuyers. With more and more Chartered Surveyors highlighting potential asbestos containing materials within their reports it was key that we produced a report that covers these areas and looks for further materials.
This asbestos survey is a non-intrusive survey therefore no damage is caused to the property. The main reason for this is that the vendor of the property is unlikely to allow us to undertake a fully intrusive survey (Asbestos Refurbishment & Demolition Survey) at this point when you, the buyer do not own the property. Unfortunately due to this being a non intrusive survey there is the possibility of asbestos containing materials still being present within the fabric of the building.
However if we have not got to them during this survey then it will not compromise your safety as they are not being disturbed. This type of survey cannot be used should refurbishment or demolition works are to be undertaken.
At MDHS Asbestos Consultants Ltd, we are able to carry out these required asbestos surveys for property in order to satisfy a lender’s loan conditions. Contact us today on 0800 011 2962 for a free quote, or get in touch online.