There are currently a high number of homes being built across the country with many more expected to come over the next decade. During the whirlwind of having an offer accepted, choosing fittings and carpets and completing the purchase, the last thing a new homebuyer thinks about is having an independent snagging report undertaken.
And should you get one?
9/10 new build properties are absolutely fine with minimal snags, however, there have also been ones where the finish is not quite up to scratch and problems start to arise after the move in day. It can then escalate quite quickly if the work is not completed in a timely manner, affecting quality of everyday life and enjoyment of a new home.
This is where an independent snagging report comes into play. A snagging report is an unbiased detailed inspection of a property for both purchaser and builder, identifying any defects or issues that need to be addressed by the developer before the homeowner takes possession. The survey is recommended to be carried out before completion of contracts, giving the developer plenty of notice to remedy the works required and the purchaser’s peace of mind that the work will be undertaken.
Buying a new build property is a significant financial commitment, no matter the cost, and it is essential to ensure that the property is in a good condition from the outset. A snagging report guarantees new homeowners have a complete overview of the property’s condition, allowing them to make an informed decision before legal completion and ensuring that they can enjoy their new home without the stress and inconvenience of dealing with post-move-in repairs and having to arrange for the builders to come back if they have moved on.
In conclusion, an independent snagging report is a valuable tool for anyone purchasing a new build property. It protects the homeowner’s investment, ensures compliance with building regulations, and provides peace of mind at what should be the next exciting chapter in your life. By identifying and rectifying any defects early on, homeowners can avoid future headaches and enjoy their new home to the fullest.
Melissa Hastie MRICS
Validus Property Consultants