Commonly referred to as a Survey level two (HomeBuyer Report), this report was designed by the RICS as a cost effective method of minimising risk. The focus is on the essentials; defects which have a material effect on the value of a property.
The report format is standardised, compact, and easy to understand. Elements are given a colour coded condition rating of 1 to 3. It covers the building inside and outside, the services and the site. The report also contains both a current market value and a re-instatement cost for your insurance policy.
For the RICS Description of the Survey level two (HomeBuyer Report), please click here.