Our RICS (Royal Institution of Chartered Surveyors) HomeBuyer reports are suitable for a range of well-maintained properties, including any conventional homes, flats or bungalows that have been constructed from common building materials.
Our RICS (Royal Institution of Chartered Surveyors) HomeBuyer reports are suitable for a range of well-maintained properties, including any conventional homes, flats or bungalows that have been constructed from common building materials. The review will provide any prospective purchaser with detailed information on the condition of the home, highlighting any issues or defects that should be raised with a legal advisor.
These non-invasive inspections are carried out on both the interior and exterior elements of the property and comment on any structural concerns that will require further attention. For instance, the surveyor will consider any obvious cases of damp, subsidence or rot and allocate it with a condition rating. This colour-coded, traffic light system has three distinct variants that are as follows:
By obtaining this information from an accredited professional, you will have a far greater capacity to renegotiate the property’s true value with the seller. Not to mention the possibility that the surveyor’s report highlights several critical issues that deters you from the purchase entirely.
Our HomeBuyer Reports contain five photographs and we aim to have the document completed within five working days of the inspection taking place.
You should note that 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.
As well as providing these detailed condition reports, our HomeBuyer services 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. What’s more, 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.
Additional Bolt On Valuation Fees:
|£0 – £600K||£75.00|
|£601 – £1 million||£150.00|
|Over £1 million||£300.00|
If you require a HomeBuyers Report for any of the reasons listed above, please do not hesitate to contact our helpful and friendly sales team. They will be more than happy to discuss your specific circumstances and provide the relevant guidance.