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RICS Level 2 Survey Report
[Also known as the Homebuyers Survey]
RICS Level 2 Survey Report
Also known as the Homebuyers Survey, this is one of the most popular survey types chosen in a property purchase. Suitable for most properties, not older than 60 years or so, and in a reasonable condition.
Prices start at £425 (inclusive of VAT).
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Our Process
For most, a property purchase is the single biggest investment one is likely to make in their lifetime. We understand this process can be stressful, which is why we have adopted a simple, professional and caring approach to our work.
The survey process can be split into 4 stages:
Step 1 - Before The Inspection
We provide you with an opportunity to let us know if you have any questions or concerns about the property you are purchasing. This can be in the initial booking form, at the pre survey telephone discussion (usually the day before the inspection), or at any stage in between. We’ll then go ahead and make all the necessary arrangements with the agents or the vendors for access, letting you know once a date has been arranged.
Step 2 - The Inspection
A detailed inspection by an experienced RICS professional of the inside and outside of the main building is undertaken, including all permanent outbuildings, recording the construction and significant visible defects that are evident.
The inspection is intended to cover as much of the property as is physically accessible. Equipment such as a damp meter, torch, binoculars and a ladder is utilised on the inspection. Where we are unable to access an area, we’ll let you know in the ‘Limitations on the Inspection’ section of the report.
Once we’ve done the inspection, we have another discussion. The aim here is to give you a snapshot of the key findings before the report is produced.
Step 3 - The Report
A concise report is produced using the RICS Level 2 Report format. A blank copy can be found here if you wanted to have a look. The report is loosely structured in the following order:
Summary
Giving you an overall opinion of the property, highlighting any significant defects.
About The Property
Basic information on the property, including comments around energy efficiency, location and environmental factors.
Component Assessment
Details of external and internal building components, including any defects and advice on repairs / improvements. Each component is rated using a traffic light system:
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Green (1)- No major repairs needed
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Amber (2) Repair(s) needed although not urgent
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Red (3) Urgent repair needed.
There is also an NI for the sections that have either not been inspected or not applicable.
Grounds
Comments on the presence, and condition of, outbuildings, garages and gardens (including boundary fencing).
Legals
This is a section summarising the key items your Legal Adviser should take forward with their counterpart.
Summary of Risks
As stated, this section summaries the key risk to people, property and grounds.
Step 4 - The Aftermath
We understand that you may have questions once you have read the report. We therefore simply leave our communication channels open for any questions you may have. We would encourage you to ask questions, even if it's simply to clarify an item. We sometimes get in touch after a few weeks just to see how the sale is progressing and whether there were any follow on questions.
Why Choose Us?
*price matched on written quotation from a reputable company.