Home Buyer Reports
David Rawlins, as a time served fully independent Chartered Surveyor near York & Selby, offers clients the RICS Home Buyers Report.
The Royal Institution of Chartered Surveyors has designed the Homebuyers survey to provide a prospective purchaser with basic information in a standardised format and the minimum of technical jargon. It is an economy report and therefore less costly and less detailed than a Building Survey, but includes an Open Market Valuation. Click here to see the difference.
It is generally for houses, bungalows and flats that are:
- of a traditional type and construction and apparently in reasonable condition.
- Post 1900
- Its simple format is not usually suitable for large houses or those that are unusual by virtue of design or construction. It is regarded as not suitable for those that have been converted, extended, altered significantly or Listed Buildings. (See Building Surveys)
- A clear layout which is easy to understand, so clients will quickly find the details they need.
- Reference to the Energy Performance of the property, as recorded in the Energy Performance Certificate.
- Client satisfaction from knowing their property report will be undertaken by a highly skilled member of RICS, the leading professional property organisation in the world.
- Open Market Valuation: Assess whether or not the property is a reasonable purchase at the agreed price.
- Be clear what decisions and actions should be taken before contracts are exchanged.
- Colour coded condition ratings will help buyers and their advisers interpret the condition of elements of the property.
- Valuation for insurance.
The service includes a survey inspection of the home, a report and a valuation. The report has a crisp colourful design and uses condition ratings on a 1 to 3 traffic light style. It is important to appreciate that the surveyor is not required to provide advice on repair or to comment in detail.
Inspection is limited to those parts of the building that can be reached safely and easily using a 3m (10 ft) ladder. It does not include examination of inaccessible parts or testing of services.
Fee levels vary from area to area due to local factors & values. Our fees are based on an estimate of the time it will take a surveyor to inspect the property, draw conclusions and then prepare a report. Hence, the assessment & report on an older property tends to take longer than one of modern construction.
A Homebuyer Report is carried out in accordance with Standard Terms of Engagement produced by The Royal Institution of Chartered Surveyors. For further details about this type of survey and to obtain a quotation please contact us at 01757 249327.