It is of vital importance that a purchaser of a second-hand property, ensure that they instruct a suitably qualified Engineer/Architect to carry out a structural survey report.
You may have come across the old Latin phrase “Caveat Emptor” which translates to “Let the Buyer Beware” or more loosely put “buy at your own risk”. When contracts have been signed and the Purchase has completed, there is no going back.
When instructing an Engineer/Architect to carry out a structural survey report, it is also necessary to have them carry out a boundary check on the property. This ensures that the boundary of the property on the ground, is adequately reflected in the corresponding map for the property and that all ancillary services are located within the property’s boundary, or not as the case may be. In the event of the latter, further investigations would need to be carried out and possible rectifications may be required, all of which can lead to additional costs and delays.
Most surveyors report, not only provide you with the assurance the that the property is structurally sound and that boundaries are correct, they also often flag any planning issues with the property and repair works that need to be carried out, which may not be so obvious to a prospective purchaser.
The day you buy is the day you sell, therefore, is it of paramount importance that a Purchaser obtain a structural survey report, to safeguard themselves and ensure that they will have no difficulties should they decide to sell the property later down the line.
If you would like to speak to our solicitors, please email us at info@mcgrathmullan.ie or phone us +35318735012 to book a consultation.