Residential Services

Homebuyers Surveys

The wording below is the RICS' description of a Homebuyers Survey and Valuation extracted from their guide to understanding property surveys.

A Homebuyer Survey and Valuation (HSV), also known as a Homebuyer’s Report, is a survey done to a standard format set out by RICS.

It is most suitable for conventional properties built within the last 150 years, which are in reasonable condition.

It doesn't detail every aspect of the property, and only focuses on urgent matters needing attention.

It’s not usually suitable for properties in need of renovation, or if you’re planning major alterations.

An HSV includes details of:

The general condition of the property
Any major faults in accessible parts of the building that may affect the value
Any urgent problems that need inspecting by a specialist before you sign a contract
Results of tests for damp in the walls
Damage to timbers – including woodworm or rot
The condition of any damp-proofing, insulation and drainage (though drains aren't tested)
The estimated cost of rebuilding the property after a fire, for building insurance purposes
The value of the property on the open market.

Click on the following link to view the full description of service together with the standard terms of engagement

If you want a quotation for a Homebuyers Survey please visit our 'Obtain a Fee Quotation' page.