Designed by the RICS as a cost effective method of minimising risk the Homebuyer Report is designed to provide buyers with enough information to make a reasoned and informed decision on whether to proceed with their purchase.
The report covers the building inside and outside, the services and the site and includes specific sections on all the main elements including roofs, walls, floors and joinery. Each element is given a condition rating for easy reference:
Property related risks including movement, dampness and timber defects are also given their own section.
There is a very useful section towards the end of the report called ‘Issues for your legal advisors’ where all matters that require further investigation by your solicitor or conveyancer are summarised. The current owner has a duty to be honest when competing the property questionnaire but statements that could be confirmed by independent verification should not be relied upon.
Potential legal queries that might be highlighted in a Homebuyer Report include any ambiguity over the physical boundaries, ownership of outside space and rights of access, off-street parking, documentation relating to extensions (both to the subject property and adjoining properties) and alterations, guarantees/warranties and proposed work to areas that could not be inspected such as high level roofs.
We are always happy to provide additional services beyond the scope of the standard package, such as a specification for future works, which may be useful when sourcing a builder to undertake repairs.
You can get an idea of how useful our clients have found our survey reports to be by viewing some of their comments on our Trust Pilot reviews page.
If you are in the process of buying a property and would like to arrange an RICS Homebuyer Report please contact us today for a quote.
To help you decide which type of report best suits your needs you can browse through these case studies.
Soon after thoughts about carrying out some building work to a property have been formed, thoughts will often turn to planning permission requirements and how best to deal with them. Planning permission in one form or another will usually appear as a major milestone on most construction projects. With this in mind, it is useful ... Read More >>
The common stereotype is that architects ‘draw pretty pictures’ of buildings. That may be true – the presentation of information is important, but it only scratches the surface of our role.Our output includes both drawn and written information. The drawings are in reality diagrams that record a complex and many ... Read More >>
The purpose of this post is not to explain the Act but rather to examine how the Act can influence the design of some aspects of the work. To illustrate the point let’s consider a single storey rear extension to a mid-terraced property where the properties to either side have not yet been extended.There are 3 options ... Read More >>