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What is a RICS Building Survey?
- Mar 15, 2022
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When looking to buy a new home, it is always advisable to get a survey carried out to avoid any unpleasant – and potentially costly – surprises from hidden issues the property might have. Fundamentally there are three levels of survey available.
A Level 1 survey, also called a Condition Report, is the most basic survey but provides a good, concise overview of the overall condition of the house or flat.
The Level 2 survey, called the RICS HomeBuyer Report, is more comprehensive than the Condition Report and provides a good level of information for the majority of homes, especially newer ones. The HomeBuyer Report is available with or without a Valuation. However, the inspection for the Level 2 survey will only cover areas that are visible and easily accessible.
A RICS Level 3 Building Survey is the most in-depth survey available for residential properties and is ideally suited if you are looking to buy an older property, one which has been modified or one which you are looking to make significant renovations to, especially if these are structural in nature.
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