Flint Bishop

Survey warning from property experts

Pictured above: Stephen Foden, Founder and Director of Fodens Solicitors

 

A local firm of property law experts has issued a warning to homeowners and buyers in the county to ensure that any surveyors they appoint to carry out house surveys prior to purchase are sufficiently registered.

Much Wenlock-based Fodens Solicitors is urging people across the county to check that their surveyors have signed up to the Royal Institution of Chartered Surveyors (RICS) new registration scheme before it becomes mandatory on 1st May.

"There are a number of great surveyors in and around Shropshire who have signed up to the new RICS scheme in plenty of time, and they can all supply evidence of their registration" explained Stephen Foden, Founder and Director of Fodens Solicitors. "But there will always be some who either can't or haven't registered which can only be bad news for homeowners."

The RICS Valuer Registration Scheme is designed to raise valuation standards, improve the quality of surveys, to monitor the overall output, and to provide protection to the public. "In fact" explained Stephen, "any surveyor who wishes to undertake valuations for banks and building societies, or else private valuations for purchase or probate, must be registered."

"If they're not, at best the survey can be rejected and the homeowner or purchaser will have to pay for another to be done, and at worst, poor quality surveys could be relied upon to worrying effect. The best way to be safe, is to check that your surveyor is registered and to use a reputable firm" Stephen advised.

Formed in 1999, Fodens Solicitors provides advice in all areas of law where "property matters", including residential and commercial property sales and purchase, building construction disputes and advice, debt recovery, shareholder disputes, and contested probate claims.

 

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Article published by Midlands Business News on 26 April, 2011

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