Property Surveys - Condition Reports, Homebuyer's Report and Building Surveys
Residential surveys and reports are an essential part of buying a home. Let us help you work out which one is best for you.
The Royal Institution of Chartered Surveyors (RICS) recommends different types of RICS home survey – RICS Condition Report, RICS HomeBuyer Report and RICS Building Survey – depending on the type of property you are thinking of buying.
RICS Condition Report
The RICS Condition Report is a new report format introduced in 2011 which gives buyers of conventional property and newer homes (Flats, houses or bungalows (Built within the last 10 years)) a clear and concise picture of the condition of the property at an affordable price.
RICS HomeBuyer’s Report
This is generally the most popular type of survey and the standard choice for properties which are in a reasonable condition. The report will highlight problems such as damp and subsidence as well as including advice on necessary repairs and ongoing maintenance. For most buyers this report will be the best option and will highlight any potential issues that may need further investigation.
RICS Building Survey
The most comprehensive and thorough property survey you can get, the RICS building survey is a great option for older properties. If you are planning on doing major work to a property then a building survey is also a good option. A building survey gives a comprehensive analysis of the structure and condition of the property and advises on repairs and maintenance.
At Samuels we are RICS chartered surveyors and have over 10 years’ experience providing professional property surveys. Our residential surveyors can offer a full range of property surveys and valuations to customers in Richmond, Surrey and East London.
Get in touch with our expert team today by calling us on 020 7043 1376.
RICS Condition Reports
The RICS Condition Report was introduced in 2011 and is a cheaper version of the HomeBuyer Report. A Condition Report, also sometimes known as a condition survey, is a straightforward survey that is suitable for modern properties where no major problems are expected.
Unlike a HomeBuyer Report a Condition Report does not include a valuation.
RICS HomeBuyer’s Report
The HomeBuyer Report is the most popular type of building survey and if you are purchasing a more modern property of traditional construction and in reasonable condition, then this report will provide everything you need.
RICS Building Surveys
A RICS building survey is a comprehensive building inspection that is used to assess the condition of a property prior to purchase. These types of surveys are particularly useful for older properties, those of unusual construction or a timber framed property. If you’re considering making alterations to the property then a building survey really is the best option to choose.