Buying a house is considered one of the most expensive and stressful times of our lives. As a result it can be tempting to cut corners, or hope for the best. However, we have found that more and more people are turning to professionals from the Royal Institution of Chartered Surveyors to provide a report that can be used not only as a guide for whether the property being bought is a sound investment, but also as a tool for negotiating on the purchase price.
Depending on the type of property you are purchasing, we can advise you on which report is most appropriate. As a general guide, property built since 1930 without known structural movement is usually surveyed using the Homebuyer Report format, whilst property older than 1880 should be surveyed using the Building Survey format. Property built in the 50 year period between can often be reported on using either format depending upon the level of detail required in the report. We are able to advise on the most appropriate survey for your needs.
A Homebuyer Report will cost from £400 +VAT and a Building Survey from £750 +VAT depending upon various factors. As an independent family firm, our reputation is important to us and we strive to provide the very best reports at a fair price.
If you are looking for a survey and were hoping to spend less than this, you may be able to take advantage of the RICS Condition Report. This report follows the same format as the Homebuyer Report, but does not include a valuation, rebuilding cost assessment or any advice.
If you are local, we are happy to meet you on site at the end of our inspection to talk over any significant items noted. Alternatively, if you wish to discuss the report with us after reading it, we are happy to explain matters in further detail. Many of our clients find this a useful and refreshing approach.
For further information on RICS surveys, please download the following files: