100 point Property assessments

[MasterBuilderDad]

I recently learnt that most of us who buy houses do so on the basis that everything works, or is identified by the surveyor who only ensures the building is safe to dwell in and conforms to regulations.
But having a customer who just exchanged contracts, hire me for a quick basin install that turned out to have been done with duct tape! (No joke) , I asked "wasnt this on the report?" To which he replied no.
So I got to thinking (oh oh) and I devised a new concept that covers this for prospective home buyers to know what does and doesn't work as advertised or assumed to be...most people who again, yep, my customers too!, who are selling to you maybe! Lol... ask me to do the weirdest things just because they are selling.
Im thinking about charging £99 and it takes about an hour and is done by a qualified and experienced tradesman who will spot everything.
It wasnt easy but I managed to find 100 different items to check for an average 2 or 3 bedroom house or flat. Not much in it really.
So things like door handles falling off, boilers not working or breaking constantly i.e needs replacing...taps... showers...baths... leaks.... flooring...I could go on (100 times).
The process is simple...take a tap, it gets a rating...Good, ok, repair, replace...so you know what does AND doesn't work.
This (is yet to be proven) should give you a better buying position as if too much is needed to be done, then it could be considered as a refurbishment property.
Take it from a builder, its easy to hide problems especially if the buyer spends no more than 1 hour there before deciding.
The check catches the unknowns as well, so you may not get a discount but you'll be aware of 100 things you didnt know about before!
So.... market research time...Ill take it forward and offer a 50% discount to all mums (ah, ain't he sweet) if:
A. Is it an idea worth paying £99 quid for or shall I increase/decrease price?
B. Will it make a difference to your decision to buy a property?
C. The service works well for first timer buyers, but can you see a need to have more than 1 a year?
D. The service doesn't include providing any certificates as no actual work is carried out, but if we were able to assist you directly or indirectly to undertake any work after the report has been generated, would that be a service you would consider using?
E. Would you benefit from this check as:
A landlord, homeowner, tenant, business (office) ?

Thank you for getting this far in reading, that's a good sign! It means my idea is interesting ! Please comment, tell me it's stupid, tell me it's great, is it love...or is it hate.

Thanks Julia. Yes, all plumbing issues such as syphoning and overloading.
Gardens seem to be overlooked a lot huh?
Fences and ground type could easily be added. I'd moisture read the posts to see how good they are.
Excellent ideas...this is all so valuable!
Thank you thank you

Not just the youth Ariela. The unable and rich too my lovely... basics everyone..good point... thank you

So it turns out that surveyors advise home buyers to do this according to RICS which is an institution.
Go to the money advice service > mortgages > buying a home > homebuyer surveys and costs.
Ive seen this as an extended service at around £600!
They even advise you to ensure there are no issues before you buy, so cant argue with that!

Apologies OP I meant that it looks good value, not that it was too expensive.

To be fair it just sounds like a normal survey, but with a survey you have some come back against the surveyor. Better to ask for the normal surveyor to do it.
It's a nice idea and with good marketing it could make some money on the side but it's nothing special.
On that basis, I'm out. Dragons den

It’s a great idea and I think you’d have a lot of customers as £99 really isn’t much money in the grand scheme of house buying.
I think your problem however is how to make it profitable for yourself. Surveyors charge around £500 for snagging reports.
To provide a service and to protect yourself you would need to get each customer to sign a contract which would need typing up and posting. You would then need to make an appointment and your travelling time and petrol would need to be covered by your profits. You would need expensive public liability insurance. After going to a property you would need to put together a report, send it out, invoice the customer, chase for payment etc. Also whilst a basic 2 bed new build property might be easily checked over in an hour, how about a large property with multiple bathrooms, outbuildings, annexe etc? You would then need to increase your fees and then may not be competitive compared to professional surveyors.

Plus marketing/advertising costs!

And VAT!