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A HomeBuyer Report is intended for conventional, residential properties e.g. houses, flats and bungalows, which appear to be in a reasonable condition and have not been subject to significant alterations since construction.
The report is written in a standard format and is around 25 pages in length. It is more comprehensive than the standard valuation and focuses on essentials (e.g. urgent or significant defects and problems which may affect the value of the property). Because of the practical limits on the type of property and the scope of its coverage, the HomeBuyer Report is mid-range in price, more expensive than a Standard Valuation but less expensive than a Building Survey.
This report will enable prospective buyers to make an informed decision on whether or not to proceed with the purchase and assess whether or not the property is reasonably priced. It will also assist in identifying what decisions and actions should be taken before contracts are exchanged.
The valuer will give his/her professional opinion on the particular features of the property which affect its present value and may affect its future marketability. The valuer can only comment on visible areas where access is obtainable.
RICS guide to choosing between Property Surveys
RICS Sample HomeBuyer Report
Other Reports Available:
- HomeBuyer Report
- Specialist Report
- Standard Valuation
- Building Survey
- Property Valuation Services
For a quote, fill in your details above or call our Customer Advice Team direct on 0345 308 5010.