A home is the most expensive purchase most people ever make. As an owner you will benefit from expert advice on the condition of your property – whether you plan to live in it, rent it out or sell it.
In an RICS Home Survey an RICS member conducts an in-depth visual inspection of the property. Their report provides an expert account of the property’s condition and highlights any problems in clear and easy to understand ‘traffic light’ ratings.
Different homes require different types of survey. In line with new RICS Professional Guidance UK there are now three levels of service in the RICS Home Surveys suite:
Survey level one: RICS Condition Report
Shows the condition of the property, offers guidance to legal advisors and highlights any urgent defects. Typically the lowest priced of the surveys, it is aimed at conventional properties and newer homes.
Survey level two: RICS HomeBuyer Report
Includes all the features of the RICS Condition Report, plus a market valuation and insurance rebuild costs. It also includes advice on defects that may affect the value of the property with repairs, and ongoing maintenance advice.
Survey level three: RICS Building Survey
Essential for larger or older properties, or if you’re planning major works. The most comprehensive report provides you with an in-depth analysis of the property’s condition and includes advice on defects, repairs and maintenance options.
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In our opinion a building survey [aka a structural survey] covers the structural condition and fabric of the building and grounds, the defects, disrepair and maintenance issues identified from the inspection, covers any damp and timber decay recorded, comments of the heating, wiring, plumbing and drains and advises on unauthorised alterations or deleterious materials noted, and therefore represents the best type of inspection for any purchase.