RICS HomeBuyer Report in London
(This survey report used to be known as a Homebuyers Survey and Valuation, or an HSV.)
We recommend the RICS HomeBuyer Report if:
- The property you want to buy appears to be in reasonable condition
- It’s less than 100 years old
- It hasn’t already been significantly altered
- It’s built in a common style with conventional materials
- You don’t want to make major alterations
Why should I get a RICS HomeBuyer Report?
A RICS HomeBuyer Report identifies any serious defects or problems with the property, and any potential legal issues you might want your solicitor to investigate.
It also includes a market valuation to help you decide if you’re paying a reasonable price, and a reinstatement value that you need for insurance. (This is the amount it would take to rebuild your property.) Finally it advises on future maintenance issues.
You can use this information to renegotiate the price of the property, and to plan for future maintenance costs.
A number of standard-setting and consumer protection organisations (including Which and The Council of Mortgage Lenders) recommend that you get an independent home survey before you commit to buying any property.
What can I expect from your homebuyers survey service?
One of our chartered surveyors will then inspect the property and compile a RICS HomeBuyer Report. This report is in a standard format that was developed by the Royal Institution of Chartered Surveyors. The survey report systematically covers the key elements of the building, flagging any issues that might need further investigations.
Issues are rated using a traffic light system so that you can immediately see what issues are critical.
Why choose Barnes & Barnes for your home survey?
As independent RICS-accredited surveyors we’re committed to always giving you clear, impartial and expert advice. You can let us know if you have any particular concerns about the property before we go to inspect it, and call us with any questions after you receive your report.
At every stage you’ll deal with a friendly and efficient team who understand the pressures of buying a home themselves.
Our aim throughout is to give you the information you need to make the best possible decision about buying a new home, and to make this part of the buying process as straightforward and stress-free as possible.