Do I need a snagging list for my new build home?
Although it’s the norm to think that everything inside a new build home is in perfect condition, you’d be wise to do your own checks first…
One of the perks of a new build home is that everything has been newly constructed and is free from the wear and tear of a pre-owned home. However, you shouldn’t assume this and we recommend you do your own snagging list before moving in.
What is a snagging list?
A snagging list helps you spot any problems with a new build home before you move in.
It can reveal anything from small, unfinished jobs, to structural problems and breaches of building regulations.
The snagging list will help you negotiate with the housing developer. You can ask that they either finish any necessary work before completion of the sale, or reduce the asking price accordingly.
When should I get a snagging survey?
The quicker the survey is completed, the more time you have to reach an agreement with the developer, should any snags be found. The best time for a snagging survey is before you exchange contracts with the developer and move into your new home.
Some developers don’t allow snagging inspections before completion. In which case, you should get it done as soon as possible after this, and no later than two years after you move in.
What does a snagging list include?
The report should cover the interior and exterior of the house, as well as any garden, driveway or garage included as part of the property.
The surveyor will assess things that commonly cause problems, or may be overlooked. This might include:
● Problems with internal finishes, such as plastering and skirting boards
● Damage to external brickwork
● Cracked or loose roof tiles
● Insufficient insulation in lofts, roofs, walls and floors
● Difficulty opening or closing doors and windows
● Uneven floors or stairs
● Poorly installed appliances
Can I perform the snagging survey myself?
Yes, but only if you have a thorough understanding of building and construction. You’ll also need permission from the property developer to access the site.
While you don’t need a specific qualification to perform a snagging report, it’s highly recommended that it’s performed by a professional surveyor, to be on the safe side. Not only will this avoid anything being overlooked, it’ll also improve the credibility of your claim, should you find any issues.
How much will a snagging report cost?
Prices vary depending on the inspector you use and the size of the property.
As a guide, you can expect to pay somewhere between £300 and £600. This is a rather small investment for the peace of mind it offers, especially when compared to the potential cost of rectifying certain issues.
If you choose to perform the survey yourself, it’ll only cost you your time. However, if you miss anything, this could be costly, should you end up facing urgent repairs in the future.
Talk to Mortgage Advice Bureau
If you’re buying a new build home and have any questions about what you need to do, simply get in touch with us and we’ll be happy to offer you expert advice on all aspects of new build sales.
Because we play by the book we want to tell you that…
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.