RICS Home Survey Level 2
The RICS Home Survey Level 2, also known as the RICS HomeBuyer Report, is a widely recognised and trusted survey designed to provide potential homebuyers with a more detailed assessment of a property’s condition than the Level 1 survey. This survey is suitable for most conventional properties that are in reasonable condition.
Key Features:
Visual Inspection: Like the Level 1 survey, the Level 2 survey involves a visual inspection of the property. However, this inspection is more detailed and includes a thorough examination of both the interior and exterior of the property.
Condition Ratings: The Level 2 survey uses a standardised condition rating system to assess the various elements of the property, such as the roof, walls, floors, and services (such as plumbing and electricity). These condition ratings help buyers understand the overall condition of the property and identify any areas of concern.
Advice and Recommendations: The survey report includes expert advice and recommendations for any necessary repairs or further investigations. This information can help buyers make informed decisions about the property and negotiate any repairs with the seller.
Valuation: While not a full valuation, the Level 2 survey may include an estimate of the property’s value. This can be helpful for buyers in determining whether the asking price is fair and reasonable based on the property’s condition.
Additional Considerations: Depending on the specific property and its features, the Level 2 survey may also include additional considerations, such as advice on energy efficiency, potential legal issues (like boundary disputes), and maintenance advice.
Who Should Get a RICS Home Survey Level 2?
The RICS Home Survey Level 2 is recommended for anyone considering purchasing a property, particularly those looking to buy older or larger properties, properties in need of renovation, or properties with unique features that may require closer inspection.
Why Choose RICS Home Survey Level 2?
Comprehensive Assessment: The Level 2 survey provides a more detailed assessment of a property’s condition compared to the Level 1 survey, giving buyers greater confidence in their decision-making process.
Expert Advice: The survey report includes expert advice and recommendations from RICS-accredited surveyors, helping buyers understand any issues and their potential impact on the property.
