Purchasing a house or other property to live or work in is the biggest financial commitment most people make in their lifetime, astonishingly as many as 60% of purchasers do not commission an independent survey. OK, a survey may cost several hundred euro at a time when money is tight, but it will almost certainly draw your attention to defects that you didn’t know existed or the seriousness of which you may not have appreciated.
What can be wrong with my New Home?
When buying a new property, it is advisable to arrange for a snag list to be produced. This should be carried out just prior to the completion by the builder and is the one opportunity for the purchaser to get any remaining or sub-standard work completed to the required level of finish. If this inspection is not carried out it makes any subsequent claim more difficult, once the house is occupied and become your new home.
Planning & Building Regulation Compliance Certificates
Certificates are issued to verify the work has been carried out in accordance with the relevant grant of permission and to confirm that the compliance with Building Regulations and Standards.
Consumers expect that house prices will increase by 2.1pc over the next 12 months.
Dublin-based consumers expect higher house price growth, with growth of 3.6pc expected over the next 12 months, according to the new housing market index from AIB/ESRI.
The survey was conducted among over 800 consumers between July and December 2013.
The index points to a “significant shift” in consumer expectations from July last year when compared with December.