Property Formula

22/01/2024

Key service - #⃣2⃣ Survey

Surveys are vital in determining the condition and structural suitability of a property to help you make an informed decision when buying or planning to undertake repairs.

👉 Our Valuation, Homebuyer and Building Surveys are compiled by a RICS regulated Chartered Surveyor to give you peace of mind that your next property investment has been inspected thoroughly.

Residential surveys are available to:
🤝 Private clients
👔 Companies
🔒Trusts
✅Charities

Find out more through our website ➡️ https://www.propertyformula.co.uk/services/survey/

17/01/2024

The complete guide to choosing the right survey for your property 🏘

🔑 Completing a residential survey is a key stage of the property buying process.

👉 A property survey provides you with an accurate understanding of the condition of the property you are interested in purchasing will give you peace of mind that your investment is safe.

🔍 There are three levels of RICS certified residential surveys which all offer varying degrees of detail.

🏘 The type of survey that will be most suitable depends on the age and value of the property, your budget, the condition of the property and whether or not any extensions or alterations have been carried out.

At Property Formula we can perform the following surveys:
✅ Level 1 - Condition Report
✅ Level 2 - Homebuyer Report
✅ Level 3 - Building Survey
✅ Snagging Survey
✅ Drone roof Survey­

✍ Check out our latest blog below for an in depth guide to residential surveys and how to pick the right one for your property.

Based in Oxford, Property Formula provides a range of property services and advice including; home Valuation, Property Surveys, Planning and Expert Witness

16/01/2024

For the new year we thought it would be appropriate to reintroduce the key services we offer at Property Formula!

🔑 Services - #⃣1⃣ Valuation

🏠Property Formula is experienced in performing a variety of valuations across Oxfordshire and its surrounding counties.

👉 Each valuation is unique, so an independent valuation is important.

Our clients use valuations for:
🔁 Transfer purposes
👨‍⚖️ Legal proceedings
💰 Capital Gains Tax and Inheritance Tax (Probate)
⬆️ And more!

All valuations are performed in accordance with the regulations of the Royal Institution of Chartered Surveyors (RICS) by RICS Registered Valuers.

Learn more about our valuation services via our website ⬇️

Based in Oxford, Property Formula provides a range of property services and advice including; home Valuation, Property Surveys, Planning and Expert Witness

08/01/2024

What is a Help to Buy Valuation❓

🤝The Help to Buy scheme is operated by the government to help first time buyers purchase a new home by offering an equity loan.

🏠If you want to sell, remortgage, or pay off part of your loan on a property that has been purchased through this scheme you must have an independent valuation performed by a RICS registered chartered surveyor.

💷A valuation is needed to help establish the market value of your property whether you have sold it or are re-paying the loan.

✅At Property Formula we perform valuations that are in accordance with the schemes strict criteria and can talk you through every step of the process.

☎️Get in touch with our team today for more information on all our valuation services.

05/01/2024

Seven steps to buying a home:

1⃣Pick your property
2⃣Negotiate the purchase
3⃣Arrange a survey
4⃣Arrange a mortgage/ confirm borrowing
5⃣Instruct your solicitor
6⃣Exchange contracts
7️⃣Completion

🔑Completing a survey is a key step when purchasing a property

👉It will give you peace of mind that your investment is safe and could help you negotiate a lower price.

☎️Contact Property Formula today to arrange a survey for your new home.

03/01/2024

Do I need a Building Survey❓

🏡 Is the property old?
🔍 Is there a part of the building you are concerned about?
➕ Is the property large?
🛠 Are you planning to make renovations to the building?

👉If you answered yes to any of these questions, a building survey might be right for you.

☎️Contact one of the team today to book your property survey. Call us on 01865 730 992 or send us an email - [email protected]

22/12/2023

Merry Christmas from all the team at Property Formula ❗

🎄 We would like to wish all of our clients, partners and friends a Merry Christmas and Happy New Year.

☃ Please note, between Christmas and New Year the Property Formula office will be open between 9am and 2:30pm on the 28th and 29th.

20/12/2023

A Letter of Condition is the most basic survey we offer that provides a simple overview of a property in letter format.

✍️It details the property’s construction and general condition internally and externally, with a list of recommendations for repairs and improvements to be made.

🏘This kind of report is suitable for a modern property just outside of its NHBC guarantee or a modern apartment.

☎ Get in touch with us today to book a survey for your property.

18/12/2023

Unsupported chimney stacks can spell disaster for unsuspecting homeowners❗️

👉One of the most common problems in an older property is dealing with old fireplaces and chimneys.

🔥Chimney stacks become unstable when parts of the chimney structure are removed during renovations or alterations to the property. This often occurs after homeowners have removed old fireplaces to create space or remodel a room.

🚨Chimneys are incredibly heavy so pose huge risks if left unsupported.

✅If your home has an old or unused fireplace, undertaking a property survey is a smart move to give you peace of mind about its safety.

06/12/2023

Property MOT service 🏘️

🚗 A property purchase is likely to be the most important and expensive investment in your lifetime. Making sure it is structurally sound is as important as taking your car for its MOT.

At Property Formula, we offer clients six types of surveys including:
1⃣ Letter of condition
2⃣ Homebuyer report
3⃣ Building survey
4⃣ Major defects survey
5⃣ Specific defects survey
6⃣ Snagging survey

🏠 Don't get caught out - book your property survey today!

04/12/2023

RICS defines an expert witness as “a person engaged to give an opinion based on experience, knowledge and expertise.”

✅It is the duty of an expert witness to provide expert and unbiased testimony to a court or tribunal.

⚖️Property Formula can act as Expert Witnesses on a range of property disagreements that are likely to end up in court. We can offer expert and impartial testimony in all valuations from probate to matrimonial disputes.

👉With more than 25 years’ experience, Property Formula Managing Director Reuben Diffey has earned a reputation across Oxfordshire for specialist Expert Witness work.

☎️Contact us today to find out more about our Expert Witness services.

30/11/2023

Last weekend Property Formula sponsored both of Oxford Rising Stars’ home games at Oxford Ice Rink 🏒

🏆It was a pleasure for our founder Reuben Diffey to attend the games and present the man of the match awards to both sides.

🤝We are proud to support both of Oxfordshire’s ice hockey clubs, on and off the ice, as part of our community values.

👉Our sponsorship includes providing branded tracksuits for Oxford City Stars, the Oxford Rising Stars’ away jerseys, a rink-board and Chris Cooke’s own and loan jersey.

Good luck to both Oxford City Stars and Oxford Rising Stars for the rest of the season❗️