Expert inspections for luxury new builds and warehouse conversions in the Square Mile








EC2M sits at the core of the Square Mile, where only around 8,600 people live against a daytime working population of 600,000. For the buyers who do choose to live here - in the Sky Residences at One Bishopsgate Plaza, the converted East India Company warehouses of the Tapestry Building, or the luxury towers of adjacent EC2 postcodes - a snagging survey is not a precaution but a professional obligation. When a one-bedroom apartment starts at over a million pounds and a three-bedroom residence can reach five million, the cost of a written inspection report is negligible against the potential cost of unresolved defects.
Our inspectors bring experience in both luxury high-rise construction and historic City conversions. In concrete-frame tower buildings with curtain wall glazing - the dominant construction type for modern City residential - the defect profile is entirely different from a terraced house. We check facade interfaces, heat recovery ventilation systems, acoustic performance between floor plates, and the finishing quality of luxury specification kitchens and bathrooms. In converted warehouse buildings, we look at masonry integrity, damp management, and the quality of the developer's fit-out works within historic shells.
Our reports are formatted for direct submission to developer customer care teams. We cover EC2M, all EC2 sub-districts, and the Bishopsgate and Liverpool Street corridor.

£2,084,000
Average Sale Price
EC2M (Rightmove, last 12 months)
8,583
City of London Residents
vs 600,000 daily workers
100% Flats
Market Composition
all leasehold - no houses in EC2M
£400
Snagging Survey From
City of London luxury apartment
EC2M has some of the most distinct residential addresses in London. One Bishopsgate Plaza at 142-150 Bishopsgate is a 43-storey, 135-metre tower developed by Singapore-listed UOL Group and completed in 2021. Its 160 Sky Residences occupy floors 21 to 41, above the Pan Pacific Hotel. The building uses a concrete and steel frame with a unitised glass curtain wall by Permasteelisa - the facade system found across most of the City's major residential towers.
At the other end of EC2M's residential offer is the Tapestry Building at 16 Devonshire Square. This Grade II listed structure was built between 1769 and 1771 as an East India Company warehouse - designed by Company surveyor Richard Jupp, it stored spice and tobacco for over a century before conversion to residential use. The 14 apartments here are warehouse loft-style: exposed brick, original timber beams, one apartment per floor. The defect profile of a 250-year-old converted warehouse is a very different brief from a 2021 luxury tower.
Adjacent postcodes EC2A and EC2 extend the residential offer: One Crown Place on Crown Place (246 apartments across two towers completed 2021, AlloyMtd) and Principal Tower on Worship Street (2019, Brookfield Multiplex) are within the EC2 catchment and regularly attract professional City buyers. EC2M's Broadgate estate itself - 100 Liverpool Street, 1 Broadgate, 2 Finsbury Avenue - is entirely commercial, not residential.
Buildings over 18 metres (approximately 7 storeys) in England are now subject to the Building Safety Act 2022. One Bishopsgate Plaza at 135 metres is firmly within scope. This means the building must have a registered Building Safety Case, a Principal Accountable Person, and a resident engagement strategy in place. For buyers, the immediate practical concern is EWS1 cladding certification - the external wall system assessment that mortgage lenders increasingly require before offering finance on high-rise residential units. Before exchanging on any EC2M apartment above seven storeys, verify with your solicitor that EWS1 certification is current, that the building is registered on the Building Safety Register, and that any historic fire safety remediation works have been completed. A snagging survey cannot assess the building's structural fire safety - but our inspectors will document any visible fire-stopping defects at service penetrations and compartmentation breaches as part of the standard inspection.
Luxury specification does not guarantee defect-free construction. Our inspectors carry out pre-completion checks in high-value City apartments and consistently find defects across three areas: facade and glazing systems, mechanical and electrical installations, and luxury fit-out quality.
Industry data suggests high-rise luxury apartments average approximately five snags per room. In a three-bedroom City apartment with multiple bathrooms, a kitchen, living areas, and utility rooms, this implies 30-60 defects on a typical pre-completion inspection. Our written report photographs and categorises each one for direct submission to your developer.

Sources: Rightmove EC2M average, One Crown Place pricing (CBRE), One Bishopsgate Plaza listing data (OnTheMarket). Snagging survey estimates based on London luxury apartment rates.
For One Bishopsgate Plaza, One Crown Place, and comparable City tower completions, the ideal inspection window is in the five working days before legal completion. At this point the building should be complete and the developer's own final walkthrough done, but you have not yet taken legal ownership - so all defects are demonstrably the developer's responsibility. Developers of luxury City buildings typically run phased completions by floor, so confirm your specific floor's handover date with your solicitor and book at least a week in advance. For the Tapestry Building and other warehouse conversions, the same pre-completion timing applies. Many City buyers also commission a second inspection around the 18-month mark to capture defects that have developed during occupation, while the two-year NHBC warranty for defective workmanship is still live.
Enter your property details, floor level, and EC2M postcode on our booking form. We provide instant pricing for all City of London addresses, with rates calibrated for luxury high-rise buildings.
Coordinate with your solicitor to confirm your individual unit's handover date. In tower buildings with phased completions, this can differ by weeks from neighbouring units. Book your inspection at least five working days before legal completion.
One of our inspectors with City high-rise experience works through your property on a 500-point checklist adapted for luxury apartment buildings. We test every window, door, appliance, fitting, and surface - including checking curtain wall glazing joints and mechanical ventilation performance.
Your written report with photographs, defect locations, and severity classifications arrives by email within 24 hours. The format is designed for submission directly to your developer's customer care team.
Present the report to your developer before or at legal completion. A dated, itemised report with photographs makes it significantly harder for customer care teams to close items without documented resolution. We can advise on escalation if needed.
Snagging surveys for City of London luxury apartments typically start at £400 and range to £800 or more depending on property size and specification level. National averages sit between £320 and £377, but central London luxury properties - particularly those with complex mechanical systems, curtain wall glazing, and premium finishes - command higher rates reflecting longer inspection times and specialist knowledge. For a two-bedroom EC2M apartment at the area average of £2,084,000, a snagging survey at £450-£550 represents less than 0.03% of the purchase price. The documentation value against a developer attempting to close items without proper remedy is considerably higher.
Yes. One Bishopsgate Plaza completed in 2021 and its Sky Residences on floors 21-41 are luxury high-rise apartments in a building with a complex unitised curtain wall facade system, mechanical ventilation, underfloor heating, and luxury specification finishes throughout. Buildings of this complexity regularly generate 25-60 snaggable defects per apartment on pre-completion inspections. The building is also subject to the Building Safety Act 2022 as a high-rise over 18 metres, meaning any fire-stopping defects at service penetrations are not merely a cosmetic issue but a compliance concern. An independent inspection report dated at legal completion is the most effective tool for ensuring these are addressed within the builder's warranty period.
A two-bedroom City of London luxury apartment typically takes two to three hours to inspect thoroughly. Larger three-bedroom units with multiple bathrooms, terraces, and branded appliances take three to four hours. The inspection includes testing all mechanical and electrical systems - extraction, ventilation, underfloor heating, smart home systems if installed - which adds time compared to a standard apartment inspection. We recommend attending in person so our inspectors can explain defects as they are found, giving you direct context for the written report.
In the luxury high-rise apartments typical of EC2M, our inspectors most frequently document defects across three areas. Facade and glazing: water ingress at curtain wall panel joints, glazing chips or scratches, and inadequate sealing at window-to-floor junctions. Mechanical and electrical: ventilation systems not correctly commissioned, underfloor heating zones with performance issues, and incomplete appliance commissioning. Luxury fit-out: stone worktop damage, tile lippage or unfilled grout, misaligned cabinet fronts, and acoustic separation below Building Regulations standards between floors. Industry data indicates luxury high-rise apartments average approximately five defects per room.
Yes, significantly. One Bishopsgate Plaza at 135 metres and most of the City's residential towers are well above the 18-metre threshold that triggers the Act's higher-risk building regime. Buyers should verify with their solicitor before exchange that the building has a valid EWS1 external wall system assessment (required by most mortgage lenders for high-rise buildings), that it is registered on the Building Safety Register, and that a Principal Accountable Person and resident engagement strategy are in place. Historic cladding remediation works should also be verified as completed and signed off. These are matters for your solicitor and building survey rather than a snagging inspection, but they are particularly relevant for City of London high-rise purchasers.
Yes. The Tapestry Building's 14 apartments in the converted 1769 East India Company warehouses present a different inspection brief from a modern tower. We assess the quality of the developer's conversion fit-out works - kitchen installation, bathroom tiling, electrical and plumbing upgrades, window replacements - as well as checking for damp penetration through the historic masonry, the integrity of fire-stopping within the converted structure, and soundproofing between units in a solid-brick building. For the historic fabric itself - the condition of the 250-year-old masonry, original roof structure, and drainage - a RICS Level 2 or Level 3 structural survey is the appropriate complementary service.
There are three relevant ground movement and vibration considerations for EC2M. First, the Elizabeth line (Crossrail) tunnels run directly beneath EC2M and emerged from construction in 2022 - ongoing settlement monitoring is in place but localised micro-subsidence can affect older buildings adjacent to tunnels. Second, the ongoing Broadgate regeneration (1 Broadgate completed 2025, 2 Finsbury Avenue under construction) creates construction vibration directly adjacent to residential buildings. Third, Liverpool Street station itself generates vibration and noise that is detectable in the closest residential properties. Modern high-rise buildings with deep pile foundations are generally well isolated from these effects, but in older City conversions like the Tapestry Building, it is worth noting in any survey context.
Explore our full range of property inspection and survey services covering EC2M and all EC2 sub-districts
From £450
HomeBuyer report for EC2M leasehold apartments and warehouse conversions. Recommended alongside a snagging survey for Tapestry Building and similar converted properties.
From £650
Full structural survey for EC2M properties with complex or unusual construction, including converted historic warehouses and pre-1980 City of London buildings.
From £75
Energy Performance Certificate for EC2M apartments. Required for all sales and lettings. City of London high-rise buildings often achieve strong EPC ratings due to district heating.
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Expert inspections for luxury new builds and warehouse conversions in the Square Mile
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Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.