RICS Homebuyer Survey
When buying a property, a RICS Homebuyer Survey Report and Valuation can be an economical way to ensure you’re making a sound investment.
Set out in a format that was devised and approved by the Royal Institutution of Chartered Surveyors (RICS), a Homebuyer Survey is detailed enough to provide sufficient information to a house buyer, but is still clear, concise and easy to follow.
Containing ‘traffic light’ ratings for each part of the building, along with its services and outbuildings/ grounds, an RICS Homebuyer Survey allows buyers to instantly identify any areas of concern and it is particularly important where there are urgent works required or defects that may affect the value of the property. The extent and severity of any defects is also instantly apparent, so potential purchasers can quickly see where they may need to instruct further investigations or focus their efforts if they buy the property.
As RICS Homebuyer Surveys can only be completed by an RICS qualified Surveyor, buyers can rest assured that the condition of the property has been sufficiently assessed. Buying a home is usually a long-term investment, so advice on repairs and ongoing maintenance will be given in the report, along with the highlighting of issues requiring further investigation to prevent future damage.
Our professional opinion on the “market value” of the property and an insurance reinstatement figure can be provided as part of a Homebuyer Report.
Why choose an RICS Homebuyer Survey & Valuation?
The Homebuyer Survey is a concise and cost effective report and is suitable for a wide range of residential properties. It is a compact, punchy and easy-to-understand condition survey report. For this reason, RICS Homebuyer Surveys are the most common type of residential report prepared by Matthew Parkinson, Chartered Surveyor, and his colleagues.
Contact us about a RICS Homebuyer Survey
Matthew Parkinson is a Chartered Surveyor who is based in Lancaster. A Lancaster resident, Matthew is ideally placed to help home buyers in North Lancashire, South Cumbria and The Lake District to make informed decisions regarding property.
For more information about RICS Homebuyer Surveys or to ask Matthew’s advice on the most suitable type of survey report for your property transaction, please contact us.