RICS Homebuyer Report
Its been stated that only 3 out of 10 people commission an RICS Homebuyer Report when purchasing a property and the remaining 7 regretted they didn’t… immediately after moving in!!
Purchasing your home is your singularly biggest form of expenditure you will ever make, so be prepared and avoid potential costs by commissioning an RICS Homebuyer Report
- All of the features of the Open Market Valuation Report.
- The surveyor’s professional opinion on the ‘Market Value’ of the property.
- An insurance reinstatement figure for the property;
- A list of problems that the chartered surveyor considers may affect the value of the property.
- Advice on repairs and ongoing maintenance.
See this PDF (Choosing between surveys) produced by the RICS. It explains in further detail the scope of the reports.
See examples of a Homebuyer Report
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