RICS Homebuyers Report
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.
Contact us on 01234 364 000 to discuss which level of service best suits your circumstances
A valuation is not a survey
Owning a home is not without risk. Getting a survey from an RICS member will help highlight any problems that could lead to expensive surprises later.
A survey should not be confused with a mortgage valuation report. The mortgage valuation will give your mortgage lender assurance for its loan. It will not give you an assessment of the condition of the property, or advice about repairs and maintenance.
According to a recent survey of home buyers, of the one in four who relied solely on a mortgage valuation report, 25% needed to undertake unplanned work in the first year, amounting to an average cost of over £1,100 (RICS/GfK NOP Business research).
Be prepared with an RICS Home Survey
Having a survey conducted by an RICS member will give you:
By commissioning an RICS Home Survey you can feel assured that the service you receive is impartial and reliable.
Letting & Landlord's
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Telephone | 01234 364 000
Email | email@example.com
Address | 60B Bromham Road, Bedford, MK40 2QG
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We are proud members of The Property Ombudsman (TPO), membership number: D7310 and the Deposit Protection Service, there to protect your interests.
Company Name: Open House Estate Agents Bedford (Ltd) | Company No. 08595262 | VAT Registration No.: 286576253 | Registered Office: 60B Bromham Road, Bedford, MK40 2QG | Place of Registration: England/Wales