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This is a mid-range survey, designed by the Royal Institution of Chartered Surveyors (RICS). It follows a standardised structure, and uses clear, jargon-free language to make it easy for buyers to follow.
It includes a detailed inspection of the inside and outside of a property, and covers associated utilities and some aspects of the grounds. The procedures are non-invasive, and are tailored towards conventionally-built properties.
A HomeBuyer Report is ideal if the house or apartment seems to be in generally good order, but may not entirely meet current building regulations. It can also be useful for determining the severity of structural problems such as damp or subsidence. For unusual properties, such as conversions, listed sites or buildings that have undergone – or will undergo – significant alterations, then a comprehensive Building Survey would be more suitable.
Any concerns found during a HomeBuyer Report are graded according to their significance, and colour-coded using a traffic light system to emphasise critical defects. Your report will also include detailed, professional advice on how you should address any faults, although you will not receive additional comments about features that are deemed to be in a satisfactory condition.
The standard Homebuyer Report does not include a valuation or insurance reinstatement cost, however for an additional fee this option is available, should you need it to secure building insurance.