SCHEDULE OF DILAPIDATION FOR A LEASED PUBLIC HOUSE

The costs on the right hand side could be your costs.This Public house had been leased for only three years. Add the costs up – it’s a lot of money phone us for more examples!

Chimney Stacks
(Pots/Soakers/Flashings)

NOTES:-

1) Provision of general photographs of property required together with specific photographs in evidence of defects \

2) One priced schedule to be provided to company, one priced schedule to be served on tenant by others within EC Harris

Would you buy a house based on this?

This is an actual Building Society Valuation Survey, but the names and address have been changed.

BUILDIDNG SOCIETY VALUATION

GUIDANCE NOTES
You have chosen a valuation report which is a limited inspection of the property highlighting only those items which we consider will materially affect value. It is prepared on instructions from The Building Society in accordance with the RICS Specification for Residential Mortgage Valuations a copy of which is available on request.
Valuers cannot see through solids or see things that are hidden by wall and floor coverings. They will not move furniture or obstructions inside or outside, lift carpets, crawl under floors, climb ladders outside or go on roofs or fully enter roof spaces. Valuers will look at the outside of the property from the garden and adjacent public areas.
Services including central heating system have not been tested.
You still have the option to request a more detailed report and we would be pleased to help you with this.
The valuer has assumed the property information supplied is correct although your conveyancer should verify this.
If you wish to discuss any aspect of this report please contact the valuer.
Do not forget to read the Advice for Applicants – it is important.

GUIDANCE NOTES CONT..
You have chosen a valuation report which is a limited inspection of the property highlighting only those items which we consider will materially affect value. It is prepared on instructions from The Building Society in accordance with the RICS Specification for Residential Mortgage Valuations a copy of which is available on request.
Valuers cannot see through solids or see things that are hidden by wall and floor coverings. They will not move furniture or obstructions inside or outside, lift carpets, crawl under floors, climb ladders outside or go on roofs or fully enter roof spaces. Valuers will look at the outside of the property from the garden and adjacent public areas.
Services including central heating system have not been tested.
You still have the option to request a more detailed report and we would be pleased to help you with this.
The valuer has assumed the property information supplied is correct although your conveyancer should verify this.
If you wish to discuss any aspect of this report please contact the valuer.
Do not forget to read the Advice for Applicants – it is important.

PROPERTY:
New House
New Road
New Town

Roll No: 12345678

Date Inspected: 11 November 2003

Type/Accommodation: A two bedroom semi detached bungalow

Neighbourhood: The property is in a private residential area

Age: The property is around 40 years old

MATTERS AFFECTING VALUE:

In addition to items of routine maintenance and repair, urgent repairs are required to the following:-

There is structural movement to the garage. You now need to get a structural engineer (or chartered building surveyor) to make a detailed investigation providing you with a full report identifying the cause, together with the costs of the work necessary to ensure future stability. I cannot give a valuation until I have seen the report.

External woodwork requires overhaul, repair or replacement.

Aspects of the service installations give cause for concern and you should obtain specialist advice.

The garage roof is thought to contain asbestos material which may represent a health hazard. You should instruct a licensed specialist to check the property, as remedial work may be required. This work could be expensive and may have to comply with legal requirements.

MATTERS FOR YOUR CONVEYANCER

Tenure: I understand the property is freehold.