RICS Home Survey Standard – Level 3 (Survey Only)
The RICS (Royal Institution of Chartered Surveyors) Level 3 survey is recommended for older (pre-war), unconventional properties that may have undergone major works or need significant renovations. But is suitable for most residential properties in any condition.
Our Level 3 Survey inspections and reports are prepared in line with RICS Guidance, however, should you have any additional requirements, we would be happy to discuss these with you, prior to providing a quotation for undertaking the inspection and preparing the report.
This level of report will highlight any issues or defects that should be raised with a legal advisor. As well as some advice on any necessary repairs.
Despite being a predominantly visual report and non-invasive – any basements, roof spaces or cellars will also be included in the Surveyors assessment but only if it is safe for them to do so.
Level 3 Home Survey Inspections
More specifically, when you request a level 3 survey, the surveyor will consider your individual concerns and modify their report accordingly. By evaluating the property for any potential defects, identifying their probable cause, and assessing the necessity for repairs, these inspections represent the most detailed form of inspection. Commenting on the structure and materials used in the property as well as any potential issues or maintenance.
More specifically this Includes:
- Roof Inspection (the Surveyor will identify the type and thickness of ceiling, lifting small corners if necessary)
- Exposed surfaces and floors (the Surveyors will lift any loose or unfitted carpet/floor coverings if possible)
- Any accessible chambers (observing the standard operation of drains in day-to-day life)
- Windows (if practical, the Surveyor will open all windows in the property)
In addition to these elements, with a Level 3 Survey the Surveyor is expected to investigate the presence of any issues or defects to a far greater degree than other levels of Survey.
Depending on the size and age of the property, the level 3 survey takes approximately three hours to complete.
Where residential apartment buildings are clad or have potentially combustible attachments appropriate documentary evidence in the form of an EWS1 form is required confirming the status of fire risk, if any. We recommend your legal advisor requests a completed EWS1 form from the Managing Agents/Landlords of the block within which the subject flat is situated.
You should be aware that where an acceptable EWS1 is not forthcoming then you should not proceed to purchase. At the current time it is unlikely that properties in residential apartment blocks with cladding will be mortgageable without a satisfactory EWS1 form.
Additional Valuation for Home Survey
Our Level 3 Surveys can also include a reliable assessment on the property’s estimated market value. Much like the standard survey, this information will assist the buyer in making a confident and informed decision, based on the knowledge of a local expert. Furthermore, by citing this appraisal a buyer can potentially reduce the current asking price of the property and guarantee that they are not being overcharged or misled.