RICS Homebuyer Report
What is the RICS HomeBuyer Report
The RICS describes the Homebuyer Report as:
"HomeBuyer Report (HBR) is most suitable for conventional properties which are in reasonable condition"
There are two forms of the HomeBuyer Report - survey only, and survey with valuation.
A Homebuyer Report (HBR), also known as a Homebuyer’s Survey, is a survey completed to a standard format set out by RICS, and it’s most suitable for conventional properties built within the last 150 years, which are in reasonable condition.
It doesn’t detail every aspect of the property, and only focuses on urgent matters needing attention. It’s not usually suitable for properties that have been significantly altered, or are in need of renovation, or if you’re planning major alterations.
A standard HomeBuyers Report includes details of:
- The general condition of the property
- Any major faults in accessible parts of the building that may affect the value
- Any urgent problems that might need inspecting by a specialist before you sign a contract
- Results of tests for damp in the walls
- Damage to timbers – including woodworm or rot
- The condition of any damp-proofing, insulation and drainage (though drains aren’t tested)
- The estimated cost of rebuilding the property for insurance purposes
If you require a HomeBuyer Report with valuation, then an "open market valuation" will be provided, but you will need to check with your surveyor if this is included. Only surveyors who are also RICS Registered Valuers can provide a valuation, and there is usually a higher cost.
Instant HomeBuyer survey estimates
To get instant estimates for a RICS HomeBuyer Survey from up to 5 of your local surveyors simply complete your details on the search form and hit search. Your estimates will be shown on screen and emailed to you.
If you need a more detailed survey or general property advice:
Valuation Survey | Building Surveys (Full Structural Surveys) | General Survey Work
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