RICS HomeBuyer Report

The RICS HomeBuyer Report is the market leading property survey report that provides a clear assessment of a property at an affordable price. It is appropriate for conventional properties less than 150 years old. This report (sometimes called a Level 2 Survey) is more detailed than a standard mortgage lender's valuation, but isn't as comprehensive as the more in-depth RICS Building Survey. It is designed to be a 'mid range' inspection that offers a guide on value and highlights areas of urgent repair to the home buyer.

"You can rely on us to accurately assess your potential home and give you independent and useful feedback. Our expertise is based on years of surveying a wide range of properties and practical onsite experience."

The report provides a valuation, a rebuilding cost (drawn from BCIS data) and spotlights issues that may affect the value of the property. The report also includes both the market value and the estimated reinstatement cost.

The report highlights risks using a traffic light system:

Condition rating 1 (green): No repair is currently needed. The property must be maintained in the normal way.

Condition rating 2 (amber): 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 3 (red): Defects that are serious and/or need to be repaired, replaced or investigated urgently.

In some cases it may be necessary to recommend specialist investigations for drainage, electrical systems, central heating, and timber diseases but the surveyor will have the requisite experience to provide general advice on these aspects.