RICS Level 2 Survey (HomeBuyer Report)
The RICS Level 2 Survey, also known as the HomeBuyer Report, is the most popular survey choice for property buyers. It provides a comprehensive assessment of a property's condition, highlighting defects, potential problems, and advice on repairs and maintenance, helping you make an informed decision about your property purchase.
What's Included in a RICS Level 2 Survey
1. Detailed Condition Assessment
Our RICS certified surveyor conducts a thorough visual inspection of the property, providing detailed assessments of all accessible parts of the building, including roofs, walls, floors, windows, doors, and services.
2. Traffic Light Condition Ratings
Each element of the property is rated using a clear traffic light system: green (good condition), amber (needs attention), and red (serious problems requiring urgent attention), helping you prioritize any necessary work.
3. Repair Advice and Maintenance Tips
The report provides specific advice on repairs and maintenance for issues identified during the survey, helping you understand what work might be needed and its potential urgency.
4. Market Valuation (Optional)
If requested, the report can include a market valuation of the property based on the surveyor's expertise and knowledge of the local property market, helping you assess whether the asking price is reasonable.
5. Reinstatement Cost Assessment
The report includes an estimate of the cost to rebuild the property for insurance purposes, ensuring you have adequate buildings insurance coverage from the moment you complete the purchase.
Why Choose a RICS Level 2 Survey?
- Comprehensive assessment of the property's condition at a reasonable cost
- Clear identification of issues that may affect the property's value
- Expert advice on repairs and maintenance requirements
- Potential negotiating leverage if significant issues are identified
- Peace of mind about the condition of your potential new home
- Conducted by RICS certified surveyors following established standards
Ideal For
- • Conventional properties built after 1900
- • Properties in reasonable condition
- • Standard construction homes
- • First-time buyers seeking comprehensive information
- • Properties you plan to live in rather than renovate
- • Most residential property purchases