Warning Signs Home Buyers Should Watch for During House Inspections
Fresh Take:
Buying a home is a significant decision, but many prospective buyers overlook crucial factors. Here's a list of ten common mistakes homebuyers make during property viewings, as per research conducted by e.surv.
According to the survey, over 60% of respondents indicated they'd take a more meticulous approach when viewing properties in the future due to these oversights.
Incredibly, 15% admitted to not checking anything properly before submitting an offer, while 43% admitted to discovering issues within four months of moving in.
Let's dig into these sneaky red flags:
1. Windows and Doors
Don't ignore windows and doors that don't close properly or have loose frames causing draughts. These often go unnoticed during viewings but are relatively easy to spot through a quick inspection. Poor window and door fittings can cause increased energy bills and discomfort, making them worth checking thoroughly before making an offer.
2. Hidden Renovation Costs
Fresh paint can disguise various problems waiting to surface. Some buyers thought they were moving into a ready-to-move-in property, only to find out later that it required costly renovations. Be vigilant for any signs of hidden repairs or renovation costs.
3. Damp and Mould
Signs of damp or mould might seem minor at first glance, but they can develop into significant issues if left unchecked. These problems not only cause cosmetic damage but can also lead to long-term structural issues and health risks. Take the time to spot and inquire about any dampness or mould during viewings. Get a comprehensive survey done before purchasing to uncover any underlying problems.
4. Heating and Boilers
A quarter of homeowners encountered heating problems shortly after moving in, often related to ageing systems or underperforming radiators. Asking the seller about the boiler's age and service history could prevent freezing evenings and costly repairs or installations.
5. Electrical Problems
Electrical issues can be expensive to fix and often go undetected until you begin living in the property. During viewings, ask about the property's electrical condition, and consider hiring a professional to inspect the wiring. It's also essential to ensure the property has good broadband provisions, particularly if you work from home.
6. Plumbing Issues
Low water pressure, hidden leaks, and failing pipework can go unnoticed during a property viewing. A quick test of the taps or a flush of the toilet could highlight potential issues. Resolving leaks, addressing ailing pipeline, and improving water pressure can be pricey.
7. Roof Trouble
Broken tiles, leaks, and general wear and tear can go undetected until a rainstorm or a surveyor reveals the problem. During a viewing, ask about the roof's age to get an idea of its likely condition. Dealing with roof issues can be quite costly.
8. Gardens and Outdoor Spaces
Neglecting outdoor spaces can lead to regret post-purchase, according to e.surv's research. Give the garden a thorough walk-through during the viewing to spot potential issues, like soggy earth, overgrown bamboo, boundary disputes, or an unsuitable layout for your lifestyle.
9. Structural Problems
Cracks in walls and floors may not necessarily be a deal-breaker, but they could be indicative of more significant problems. Fifteen percent of buyers discovered structural issues after moving in that weren't evident during the viewing stage. Be mindful of subsidence issues and get these cracks checked.
10. Noise Trouble
Long-term noise issues can cause discomfort. During a viewing, pay attention to nearby roads or pubs and drive by the property at different times of day and night. Consider scheduling an evening viewing to get a feel for the area's noise levels. Estate agents are required to disclose any issues that may affect the buying decision.
James Ginley, director of technical surveying at e.surv, noted, "Buyers are often overwhelmed by market pressures or misunderstandings about the purchasing process, leading to unforeseen costs and problems. The viewing phase is crucial – take the time to visualize yourself living in the property and focus on both the emotional and practical aspects."
Aware that home-and-garden spaces can potentially lead to regret post-purchase, prospective buyers should give these outdoor areas a thorough walk-through during property viewings to spot potential issues like soggy earth, overgrown bamboo, boundary disputes, or an unsuitable layout for their lifestyle, considering how it may impact their home-and-garden lifestyle. To avoid hidden renovation costs, buyers should be vigilant for any signs of hidden repairs or issues that might be masked by fresh paint, as these could lead to expensive renovations down the line, affecting their mortgages and overall property investment.