Residential HomeSurvey Reports

TheLevel 2 HomeSurvey Report was designed by Royal Institution of Chartered Surveyors (RICS) and is a shorter version of the Building Survey, but more detailed than a mortgage valuation which are completed usually for a mortgage lender rather than the purchaser. A mortgage valuation simply checks the building is worth the amount you are asking to borrow for it.

HomeSurvey Reports are suitable for mainly modern dwellings built from around 1900 that are in generally reasonable condition. We are happy to discuss if a property is suitable for this type of survey.

The HomeSurvey Report intends informs buyer of the condition of the property in terms of structural defect, disrepair and risk. We also provide our opinion of the Market Value of the property to check if you are paying the right amount for the property or if issues found affect the market value.

For insurance purposes, the surveyor’s valuation will give an opinion of the market value of the property and reinstatement cost, which your insurance company may need to know.

We keep our fee structure simple with the following:

£600 plus VAT for all properties less than £400,000.

The HomeSurvey Survey Includes:

  • An inspection of the major indoor features like ceilings, roof, walls, floors, bathrooms and woodwork.
  • An inspection of permanent outdoor buildings and the outside of the home including roofing, pipes and gutters, walls, windows and outside doors.
  • The report rates the main areas in terms of condition; a rating of three means the area is in need of urgent repair and rating one means no action is needed.
  • An inspection of the visible parts of the heating and drainage systems as well as the electric, gas/oil and water services.
  • The report will identify areas that you will need to consult a legal advisor to investigate further.
  • A valuation of the property to confirm the market value of the property base on market evidence.

You can find more information on HomeSurvey Reports and other residential surveys at the Royal Institution of Chartered Surveyors website: RICS.Org.UK – Home surveys.

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