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Homebuyers Surveys and Reports
Prepared in an easy to read jargon free standard format designed by the RICS the Homebuyers Report aims to help the Homebuyer:
make a reasoned and informed decision on
whether to go ahead with buying the property;
make an informed decision on what is a reasonable
price to pay for the property;
take account of any repairs or replacements the
consider what further advice you should take
before exchanging contracts; and
determine how much to insure the property for (Not included in the condition report)
To help describe the condition of the home, the surveyor gives
condition ratings to the main parts (or 'elements') of the
building, garage, and some parts outside.
Defects which are serious and/or
need to be repaired, replaced or
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.
No repair is currently needed. The property
must be maintained in the normal way.
The surveyor also advises and matters that your legal advisers should investigate and imminent risks to the property or people.