RICS HomeBuyers Report
You should choose an RICS HomeBuyers Report if you would like more extensive information when buying a conventional house, flat or bungalow, which is built from common building materials and is in reasonable condition, and you would like information and advice on construction, condition and repairs.
An RICS HomeBuyers Report will cost more than some other types of survey, such as an RICS Condition Report, but it will give you more detail on the state and condition of the property, which you’ll find of great value when assessing if it’s the right property for you.
*Subject to access of the property which may be conditional on the current owner and viewing arrangements.
Let us provide you with one of our detailed RICS HomeBuyer Reports.
Official RICS HomeBuyers Report
Our RICS Surveyors will help you choose the correct service and ensure that a report that meets your needs is delivered quickly and efficiently. we pride ourselves on providing quality products and services to our customers and maintaining our well-earned, excellent reputation.
If you’re unsure which type of survey is right for you, you can speak to one of our RICS Surveyors members to help you make the right decision. If you already know which service you want to go ahead with, just let us know and we’ll begin making the arrangements.
We’ll use our knowledge to select the right RICS surveyors for you. We’ll handle the process on your behalf and help you deal with any queries you may have.
Please call 03300 587 127 or contact us if you have any questions.
RICS HomeBuyers Report Benefits
Here are 6 of our RICS HomeBuyers Report favourites:
- An extensive inspection of the property by a RICS qualified surveyor
- A professional 45 page report, example here (size varies upon findings)
- A list of problems that the surveyor considers may affect the value of the property
- An RICS HomeBuyers Report lists advice on repairs and ongoing maintenance
- Legal issues that should be addressed by your conveyancer
- Issues that need to be investigated to prevent serious damage or dangerous conditions
RICS HomeBuyers Reports, A Surveyors Perspective
There is a huge difference between a mortgage survey (often called a report on valuation) and an RICS HomeBuyers Report. The first is on behalf of the lender to check the value of your new home and the latter to check its condition.
A fact that you can't ignore is that on average homebuyers spend £5750* on repairs once moved into their new home!
This is often down to not getting a proper survey done before signing on the dotted line. Spending money now can save you thousands further on down the line.
Make sure you aren’t left with a unexpected repair bills by appointing fpsurveying to come out and see you. Getting an RICS HomeBuyers Report could be a decision that saves you thousands of pounds.
*Research on behalf of RICS.
Remember a valuation is not a survey, ask for an RICS HomeBuyers Report
A home is the most expensive purchase most people ever make. As an owner you will benefit from expert advice on the condition of your property – whether you plan to live in it, rent it out or sell it.
During an RICS HomeBuyer Report an RICS professional conducts an in-depth visual inspection of the property. Their report provides an expert account of the property’s condition and highlights any problems in clear and easy to understand ‘traffic light’ ratings.
RICS HomeBuyers Reports, the detail
Buying a home is probably the biggest investment you ever make, so you’ll want a true picture of its condition right from the start. Mortgage valuations are not the same as house surveys. Lenders conduct basic checks to verify the property’s value, but that’s usually all. A thorough, professional survey identifying any issues early on will save you both time and money.
A Royal Institution of Chartered Surveyors (RICS)-qualified surveyor will check the property from top to bottom before sending you a comprehensive and easy-to-understand report.
Amongst other aspects, they’ll look over the roof, walls, pipes, timber and others aspects of the house making sure everything’s in order.
While we hope not to find anything too problematic, identifying issues at this stage allows you to make an informed decision on what’s next.
This will be useful to provide to tradespeople to cost any repairs and you can use their quotes to renegotiate with the seller.
Investing in an RICS HomeBuyers Report will give you peace of mind and put you in control on your journey to your new home.
What you’ll learn from your RICS HomeBuyers Report
Our qualified RICS surveyor will have a broad knowledge of your chosen area, types of local property, and issues to look out for. You can trust their detailed assessment to give you confidence by being completely sure of what you’re buying. You’ll receive a professionally produced report with any issues graded on a traffic-light scale of importance.
These may include legal considerations like planning permission and building regulations which you can share with your solicitor, and:
- Environmental concerns including smells, electricity pylons and flight paths are highlighted as are regulatory matters like tree preservation orders, rights of way and boundaries.
- Health hazards like asbestos will need further specialist investigation, so finding these early with a HomeBuyer Report is essential.
- Our surveyor will inspect boilers and electrics to check if test certificate updates are needed.
Pictures taken during a near two-hour-long inspection illustrate our findings and help you understand your report.
Our surveyors work for you, not the mortgage lender, to ensure you are fully equipped with everything you need to know before you commit. Every penny counts when you’re buying your new home, investing in a HomeBuyers Report protects you from any costly surprises along the way.
RICS HomeBuyers Library
If you would like more information about RICS HomeBuyers Reports and the RICS, please download the example report and guide to home surveys.
If you have any further questions, please do not hesitate to contact us and we will do our best to answer your questions.
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