Homebuyers Survey and Valuation

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The new RICS homebuyer report was introduced in July 2009 to recognise changing consumer requirements and is user friendly and written in plain English. The new RICS homebuyer report provides condition ratings using colour coding in order that it is easier to differentiate between the seriousness of items reported and are defined as follows:-

Condition Rating 1

Defined as non-repair currently needed.

Condition Rating 2

Defined as defects that need repairing or replacing but are not considered to be either serious or urgent.

Condition Rating 3

Defined as defects which are serious and/or need to be repaired, replaced or investigated urgently.

Within the report the building is broken down into its various elements with each element having its own section where comment is provided as to its type and construction, condition and thereafter condition rating.

When a building element has a condition rating of 2 or 3 an advice section is included advising what remedial action/work is required.

In addition to the main building elements, the report also covers additional areas including regulations (ie, planning permission, building regulations, listed buildings, conservation areas, etc), the presence of any guarantees, tenure, road maintenance liability, rights of way, easements, boundary ownership, flood risk assessment, risks to the building, risks to the grounds, health and safety issues and risks to people, other risks and advice on reinstatement value for insurance purposes.

The types of property covered are houses, bungalows and flats that are conventional in type and construction but do not include properties that of non-traditional construction and will not include any testing of the services.

Request a survey and valuation

 

Interested? Please contact bramleys!

Find out how can we help you! Call our head office on 01484 530361 or browse our branches to find out which is most convenient for you to get in touch.

alternatively, e-mail us surveys@bramleys1.co.uk