RICS HomeBuyer Report

Level Two Survey

What is a HomeBuyer Report?

Definition of a RICS Homebuyer Report
A RICS Homebuyer report is a detailed visual inspection of the property. It provides an account of the property’s condition and highlights significant problems with easy to understand ‘traffic light’ ratings. This survey focuses on urgent or significant defects and problems which may affect the value of the property. It can also be referred to as a Level Two Survey.

 

When Should You Choose a RICS Homebuyer Report?

This report is suitable for conventional houses, flats or bungalows that are built from common building materials and are in reasonable condition.

 

How Much Does A RICS Homebuyer Report Cost?

RICS Homebuyer surveys start at a cost of £450* on average, including a property valuation as standard. They can rise up to £1,100* depending on the value of the property being purchased.

*at SDL Surveying

The Cost of a RICS Homebuyer Report
See our handy table below for a summary of the cost of a RICS Homebuyer Report survey report, according to the value of your property & find out how much your RICS Homebuyer Report will cost:

Property Price:Customer Fees (inc. VAT)
£0 - £100K£600
£100K - £150K£600
£150K - £200K£650
£200K - £250K£650
£250K - £300K£650
£300K - £350K£750
£350K - £400K£750
£400K - £450K£750
£450K - £500K£800
£500K - £600K£800
£600K - £700K£850
£700K - £750K£900
£750K - £800K£900
£800K - £900K£950
£900K - £1 Million£1,000
£1 Million - £1.25 Million£1,100
£1.25 Million - £1.5 Million£1,150
£1.5 Million - £2 Million£1,250

 

RICS Homebuyer Report Summary Video

What's Included in a Homebuyer Report?

  • Clear ‘traffic light’ ratings of the condition of different parts of the building, services, garage and outbuildings, showing problems that require varying degrees of attention
  • A summary of the risks to the condition of the building; and other matters including guarantees, planning and building control issues for your legal advisers
  • Our surveyor’s professional opinion on the ‘Market Value’ of the property
  • An insurance reinstatement figure for the property
  • A list of problems that the surveyor considers may affect the value of the property
  • Advice on repairs and ongoing maintenance
  • Issues that need to be investigated to prevent serious damage or dangerous conditions
  • Information on location, local environment and the recorded energy efficiency (where available)
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