The Importance of getting a Home Survey
The RICS have produced the following video which highlights the importance of getting a Home Survey.
https://www.youtube.com/watch?v=dTlJV8z2aM0
The Types of Survey:
Survey level one: RICS Condition Report
Shows the condition of the property, offers guidance to legal advisors and highlights any urgent defects. Typically the lowest priced of the surveys, it is aimed at conventional properties and newer homes.
Survey level two: RICS HomeBuyer Report
Includes all the features of the RICS Condition Report, plus a market valuation and insurance rebuild costs. It also includes advice on defects that may affect the value of the property with repairs, and ongoing maintenance advice.
Survey level three: RICS Building Survey
Essential for larger or older properties, or if you’re planning major works. The most comprehensive report provides you with an in-depth analysis of the property’s condition and includes advice on defects, repairs and maintenance options.
The following video will help you choose the Survey which is right for you.
https://youtu.be/o39RwZaD4Qg