RICS HomeBuyer Survey (Level 2)
Your RICS HomeBuyer Survey will tell you all you need to know about the property in an easily understood way. Armed with a RICS HomeBuyer Survey, buyers can often negotiate the price of the property down by 5-10 times the cost of the survey.
The report is in a standard format and includes the following sections.
A Introduction to the report
B About the inspection
C Overall opinion and summary of the condition ratings
D About the property
E Outside the property
F Inside the property
H Grounds (including shared areas for flats)
I Issues for your legal advisers
K Surveyor’s declaration
What to do now
Description of the RICS HomeBuyer (Survey) Service
Typical house diagram
The surveyor gives condition ratings to the main parts (the ‘elements’) of the main building, garage and some outside elements. The condition ratings are described as follows.
Condition rating 3 – defects that are serious and/or need to be repaired, replaced or investigated urgently.
Condition rating 2 – defects that need repairing or replacing but are not considered to be either serious or urgent. The property must be maintained in the normal way.
Condition rating 1 – no repair is currently needed. The property must be maintained in the normal way.
NI – not inspected.
If you would like to discuss how I can help, please do not hesitate to contact me.