During a HomeBuyer Survey our surveyors will follow the trail of suspicion and report on any defects found.
Purchasing a home is stressful enough, a HomeBuyer Survey will put you in the know by reporting any significant matters that will need money spent on them, things that your Solicitors should look into as well as advise on any works you should get costed so as not to be caught out when it is too late.
The RICS* Homebuyers Survey is a brief report designed by the RICS* in conjunction with the Consumer’s Association with you, the ‘homebuyer’ in mind. A Homebuyer Survey nicely draws together advice in a concise way that doesn’t leave you reading pages of technical data unsure which bits are relevant.
The inspection, which will be carried out by a Chartered Surveyor lasts between 2-4 hours. Whilst on site the Chartered Surveyor will inspect all structural elements of the building from the roof to the drains.* Whilst the Surveyor will not be able to open up concealed parts of the property, move furniture or carpets he or she will be trained to follow the trail of suspicion, to look for signs and suggest further investigation if he or she has concerns.
The inspection for a Homebuyer Survey includes an investigation of damp issues, rising damp, penetrating damp and condensation as well as timber defects such as over-stressed timbers and beetle infestation (where visible). A Homebuyer Survey does include a visual inspection of the services and service installations, physical testing of the services can be arranged as an extra by personnel that hold the relevant electrical or gas safe qualifications.
What is rather nice about a Homebuyer Survey is that the written report highlights matters that need attention by putting them as ACTION bullet points. The Homebuyer Surveyor’s brief is to make an assessment of any defects which are either ‘serious’ requiring urgent action or ‘need action but not serious’ thus allowing the homebuyer to make an informed decision on whether to go ahead with buying the property.
How to read a Homebuyer Survey
Homebuyer Surveys come with or without a valuation and are suitable for flats and houses where the property is of an age and condition that you don’t suspect or have significant concerns. A Homebuyer Survey is not designed for properties where you are requiring advice on alterations or wanting a specification or list of repairs for a builder to attend to. If you want this type of advice you will need a Building Survey instead. (*drains inspection is only part of a Homebuyer Survey for houses)
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The Royal Institution of Chartered Surveyors (RICS) represents the property profession in 146 countries, and regulates its ‘Chartered’ members. All valuations are subject to the RICS International Valuation Standards otherwise known as the ‘Red Book’.