An introduction to RICS Level 2 Home Survey & Report
A RICS Level 2 Survey, also known as a HomeBuyer Report, is a comprehensive property survey conducted by a qualified RICS (Royal Institution of Chartered Surveyors) surveyor.
This type of survey is ideal for homebuyers seeking a clear and concise understanding of the condition of a property before committing to purchase.
What the Survey Includes
The surveyor will carry out a thorough visual inspection of the property, including the exterior, roof space, and accessible parts of the building. This involves assessing the condition of major elements such as the structure, walls, roof, windows, and plumbing.
The findings are presented in a detailed, easy-to-understand report, which includes:
A traffic light system to rate the condition of key property components (red for urgent attention, amber for further investigation, and green for no immediate concerns).
Advice on maintenance and repairs, indicating any potential issues that could require attention.
A summary of significant defects or risks that could affect the value or liveability of the property.
Guidance on areas requiring further investigation (e.g., damp, structural issues).
Why Choose a RICS Level 2 Survey?
Conducted by a qualified, RICS-accredited surveyor, a Level 2 Survey offers expert knowledge and insights into the property's condition, helping you make an informed decision.
This survey is most suitable for conventional, modern homes that are in reasonably good condition and less than 50 years old. It’s typically used for homes without significant alterations or extensions.
The Level 2 Survey offers a balance of thoroughness and affordability, providing essential information at a competitive price point.
Whether you're a first-time buyer or a seasoned property investor, a Level 2 Survey helps to avoid unexpected costs and potential problems post-purchase.
When to Choose a Level 2 Survey
When buying a relatively modern property in reasonable condition.
If you are looking for a detailed yet affordable survey, especially for properties built in the last 50 years.
If you need a comprehensive but straightforward report to highlight any major defects or concerns.
Benefits of the RICS Level 2 Survey
With a clear understanding of the property’s condition, you can proceed with your purchase knowing any potential issues have been identified.
The findings in the report can serve as a valuable tool in negotiating a better price or asking the seller to address repairs.
Get a solid understanding of what to expect in terms of future maintenance, which helps in budgeting for potential repairs or improvements.
