Welcome To Edwards Genesis, Chartered Surveyors
Who are we?
Edwards Genesis is an independent Chartered Surveying practice with offices in Bolton, Leigh and Wigan. The practice incorporates the Survey Department of Millers Chartered Surveyors, the former practice of Edwards Surveyors and the Consultancy Practice of Brownlow Associates.
The Directors of Edwards Genesis are both Chartered Surveyors and have over 50 years combined experience of valuation and survey work in the North West of England. The Practice has an administration team with equal experience in day-to-day management of a survey company.
The Practice is Regulated by The Royal Institution of Chartered Surveyors (RICS), the leading professional organisation in relation to land and property in the UK and further afield.
"When seeking professional advice always ensure the Chartered Surveyor you appoint has the right experience, qualifications and resources to deliver what you need - and remember don’t buy the price, buy the expertise; this is not the place to cut corners".
To contact Edwards Genesis please click here
For further advice on why you should appoint an "independent" Chartered Surveyor follow this link http://www.surveyorsweb.co.uk/whychoose.htm
- Personal service from the Directors - John Brownlow MRICS and Simon Miller FRICS, and Associate - Ray Chan FRICS
- Over 75 years' combined professional experience in the North West of England.
- Extensive local knowledge & expertise.
- Comprehensive range of Valuation & Survey reports on residential & commercial property.
- Competitive fees offering real value for money, we go that extra mile – contact us for a no obligation quotation.
- Members of the Independent Surveyors Association (ISA).
- Regulated by the Royal Institution of Chartered Surveyors.
RICS recommends home buyers have a survey before purchasing property.
Homebuyers in England and Wales are facing bills for thousands of pounds by failing to have a sufficient survey of their property before purchase, according to new research* from RICS (August 2010).
A quarter of all homebuyers who only had a mortgage valuation report had to make unplanned building works to their property after purchase. On average, the bill for these works, such as damp proofing or repairing a roof, came to £1,818 – but the cost can be much higher.
Home surveys help buyers make informed decisions on whether to go ahead with buying a property, before legally committing themselves. Despite their importance, many buyers remain confused about surveys.
A mortgage valuation report is often wrongly assumed to be a building survey. Actually, it is purely an indication of the property’s value for loan purposes, prepared for the lender, not the purchaser. Most importantly, it won’t uncover any potential problems. However, when questioned, 58 per cent of respondents wrongly believed a valuation report included the building’s condition, including searching for damp and structural movement. A further 31 per cent were mistakenly under the impression it included advice on any legal issues a solicitor should investigate.
Even if you are paying for a mortgage valuation report, RICS still recommends you arrange a survey with your own surveyor. There are two options available; an RICS Homebuyer Report, which provides an inspection and report on the property’s condition, plus a valuation. A building survey is more detailed, and may be the best option if the property is in a bad state of repair, has been significantly altered, or if you are planning a major conversion or renovation.
A survey might just be able to help you get a better deal on your property, too. 76 per cent of those questioned agreed that a more comprehensive survey could potentially allow you to negotiate a better deal with the seller.
“In difficult economic times like this it makes sense to ensure you are getting the best possible value when purchasing a property. No one wants to find a nasty surprise down the line, or pay over the odds for a property that needs lots of work. A survey not only gives you a price valuation, but also a detailed report of the state of the property. Armed with this information you are in a much stronger position to decide whether to proceed with the purchase, or negotiate a better deal.”David Dalby, RICS Residential Director
- *Survey conducted for RICS by GfK NOP Business
1,001 interviews were conducted online during August 2010 with people who had bought a property in the last 12 months or were considering doing so in the next 12 months.
To help homebuyers navigate the survey market, RICS has prepared some helpful tips:
- Ask an expert
Your mortgage company or IFA will offer you advice on your finances, but it is a Chartered Surveyor who can offer you professional advice on the property itself. Before you commit yourself legally your surveyor will advise you on what is a reasonable price to pay for the property and flag any serious defects or risks with the property.
- Spend a little to save a lot
The old adage a "stitch in time saves nine" couldn’t be truer when it comes to property. By spending a small amount extra on a survey you could be saving yourself thousands. A HomeBuyer report costs just a few hundred pounds, a small amount extra on top of a valuation report, on average £350 – a small amount to help uncover any unpleasant or costly surprises. A building survey is more detailed and therefore more expensive.
- Use your survey to help negotiate a better deal
76 per cent of those questioned agreed that a more comprehensive survey could potentially allow you to negotiate a better deal with the seller. A Chartered Surveyor adds: “My client had already had a mortgage valuation, which didn’t raise any issues. However, the HomeBuyer report I carried out found lintels missing over window openings, laminating roof tiles, blocked drains, and rising damp. The fee to repair these problems could have cost £2,000 – a sum the client negotiated off the cost of the house.”
For further "News & Views" on the property market, click the link to our "News" page.