Technical Due Diligence (TDD)
What am I actually buying?
A TDD are also commonly referred to as:
- Building Condition survey
- Pre-acquisition survey
They are required by Investors to understand the condition of the property prior to purchase. Inform Surveying undertake an impartial and professional assessment of the property in accordance with RICS Guidance, but we can also provide a bespoke package that can be tailored to suit the clients individual requirements.
The survey generally reports on the condition and repair of the property, costs that may be recoverable from a occupier, and we can amalgamate other services such as Pre Leasehold Advice, PPM surveys and Measured surveys. We work with Mechanical and Electrical Consultants and other identified specialists to ensure all elements of the property are reviewed and included in a single report.
Owners looking to sell property may also be interested in compiling a Vendors Pack whereby a TDD report is undertaken ahead of sale and offered for reliance to future purchases in order to speed up the process.