The mortgage lender’s valuation survey only looks at how much a property is worth. To protect yourself from buying a home with issues or structural defects, it’s a good idea to get your own survey done too.
The different types of house survey include a full structural survey for older and non-standard* properties, or a HomeBuyers Report for more conventional homes. While these are not relevant for new-build homes, which are covered by the NHBC Warranty and builder’s guarantee, some buyers choose to instruct a snagging survey.
*A non-standard property is a property designed from materials that don’t conform to the standard definition outlined by the insurance industry. For instance, a property not build with brick walls, tiled or slate roof will be considered to be non-standard.