SAVA surveyors report no drop-off in work since Brexit vote

Specialist residential surveyors who are members of the Residential Property Surveyors Association (RPSA) have reported no drop-off in instruction levels during August, with strong demand continuing at high levels.

With many members reporting year on year growth of around 30% during the first half of 2016, demand for privately instructed residential surveyors has continued to remain buoyant during July and August.

RPSA chairman Alan Milstein said: “It’s very encouraging, both for our own membership, but also for the housing market in general, but demand for condition surveys has remained strong throughout the Brexit debate and post referendum period.

“We are seeing a double whammy of more and more home buyers recognising the importance of commissioning a condition survey, together with the recognition that RPSA surveyors provide a high quality specialist service.”

Milstein went on: “Even the traditionally slow holiday period hasn’t dampened demand, and many members report a higher than average level of enquiries during the first two weeks of August.

“Of course, we all feared that there would be a downturn in the market after the referendum vote, but there is no evidence that this has happened or that it has affected the decision of home buyers to invest in a condition survey.

“And, far from seeing demand growth in cheaper, more basic surveys, the opposite seems to be the case, with a higher proportion of buyers choosing a more thorough Home Condition Survey or Building Survey.”

RPSA is a representative body for independent specialist residential surveyors who are accredited by the internationally recognised Surveyor And Valuer Accreditation (SAVA).

Its members’ upbeat report is in marked contrast to comments from the Royal Institution of Chartered Surveyors.

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