Inspection Flashcards
- Describe the sections of your inspection proforma to me?
The date of the inspection, valuer/inspector and address of the property.
I will have a section on the description of the property, the location, the surrounding area uses, any local competition.
I will have a section on statutory enquiries
There is also a section on capital expenditure, any recent or proposed
There is a section on the business, in terms of demand, supply, operational challenges/opportunities.
How do you know when you should inspect?
You should always inspect a property as long as its safe to do so, this is to provide a fully diligent and good-quality service.
What are some precautions you take for inspections?
I always try to find out as much information from the client and desktop research before to ensure that it is safe to inspect, I will have full access to the site
What are some common defects that you have come across?
I have only ever come across ponding and some minor roof leaks
What other defects are you aware of?
I know that the most common reasons for defects are caused by either movement, water or deterioration of building materials.
Damp can cause wet rot in timber materials, whereas fungus can cause dry rot
What should you do if you come across a defect?
Take a photograph
Try to investigate what is causing the defect
Document and report to the client
Recommend a building surveyor or structural engineer if serious
What is Japenese Knotweed?
An invasive plant that can damage hard surfaces. It is difficult to identify in winter but in spring it looks similar to asparagus, kind of red, and then in summer when it flowers it has large green leaves that form a canopy
What sort of characteristics help you identify the age of a building?
The style, the windows, roof and historic context. I also always confirm with the client if they have knowledge of the history
What services are you taking note of on inspections?
Usually whether the water, electricity and gas are connected to the mains, wifi and airconditioning too
What potential breach of statutory compliance are you referring to when inspecting?
If i have not seen a copy of a Fire Risk Assessment or Asbestos report, i ask for verbal confirmation that these are in place and there are no outstanding issues, for example.
For the vacant restaurant in Hammersmith, what happens if your sales details are not accurate?
Consumer Protection Regulations requires all agents to give accrate and material information and to not make any misdescriptions in marketing material. I would always get my client to approve the sales details in order to make sure they were accurate, and keep an audit trail of this
Did the secondary entrance have any impact on your pricing advice or marketing approach?
No, because the landlord had ensured that the secondary entrance to the property could only access the residential flats on the upper floors and had no rights of way over the restaurant.
What if the borrower in the cladding example had been in breach of legislative or regulatory requirements?
We would have to consider the impact of remediation work on value, and potentially make an adjustment to our valuation to reflect this
What is RAAC?
Reinforced Autoclaved Aerated Concrete. It is a material used that has recently been identified as having structural integrity concerns
What are the steps for carrying out an inspection?
(1) Before inspection I consider my personal Health and Safety and my firm’s policies on inspection, I then would consider the (2) local area, the (3) external aspects of the property, and then the (4) internal aspects of the property.
What should you take on an inspection with you?
Mobile phone
Tape measure/laser
File, plans and other supporting information
Personal protective equipment (PPE) such as a fluorescent jacket, steel-toed boots, non-slip soled shoes, ear defenders, gloves, goggles and a hard hat
Pen and paper / Dictaphone
What should you consider in the immediate surrounding area of the property when conducting an inspection?
Location / aspect / local facilities / public transport / business vibrancy
Contamination / environmental hazards / flooding / high voltage power lines / electricity substations
Comparable evidence / local market conditions / agents’ boards
What should you consider when conducting an external inspection?
Method of construction
Repair and condition of the exterior
Car parking / access / loading arrangements
Defects / structural movement
Check site boundaries with OS map and / or Title Plan
What are the different ways that you could date a building?
Asking the client
Researching the date of planning consent or building regulations approval
Land Registry
Local historical records
Architectural style
Architects certificate of practical completion
What are the THREE different purposes of inspection?
Valuation - valuation influencers
Property management - policing the lease
Agency - marketability issues
If inspecting a property for valuation purposes, what would you be looking out for?
Factors which can influence the valuation of a property such as location, tenure, aspect, form of construction, defects, current condition, occupation details
If inspecting a property for agency purposes, what would you be looking out for?
Marketability issues -
The current condition of the building, repair and maintenance issues, statutory compliance, services, presentation and flexibility of the accommodation and its marketability
What are the FOUR common forms of foundation?
Trench or strip footings - generally used for residential dwellings, for walls and closely spaced columns.
Raft - a slab foundation over the whole site to spread the load for lightweight structures. Usually used on made-up/remediated land and sandy soil conditions.
Piled - long and slender reinforced concrete cylinders (piles in the ground to deeper strata when less good load-bearing ground conditions/high loads.
Pad - a slab foundation system under individual or groups of columns so that the column load is spread evenly
What determines the type of foundations used?
Age of the building
Ground conditions
Size of building and loadings required
What is a solid wall construction?
Solid brickwork with headers, normally at least one brick thick, with different bricklaying patterns incorporating headers (e.g. Flemish bond) to tie together the layers of brick
What is cavity wall construction?
Two layers of brickwork are tied together with metal ties, with a cavity that may be filled with insulation.
No headers used
Evidence of a cavity tray, air brick or weep holes may be seen