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HOME SURVEYS

With such a large purchase, it is important to understand the condition of the property prior to commitment. 

 

Our friendly and experienced team are happy to talk you through your needs and which level of RICS survey would most suit you and your property purchase.

 

Building Survey (RICS Survey Level 3) 

  • Recommended for older period homes and/or high value properties 

  • Advice on recent/proposed alteration works

  • Investigation of all areas of the property 

  • Details of defects, their location, recommendations

  • 50+ elements reviewed

  • Key issues recorded in a Traffic Light Risk system

  • Cost assessment of required repairs

 

A Building Survey is the most in depth report from the Royal Institution of Chartered Surveyors and will provide you with a detailed condition report of the property and an understanding of required repairs and costs so you can better foresee your liability. All areas of the property will be accessed including the loft space, basement, manhole covers and outbuildings.

Our reports cover major and minor defects and where applicable for each we will confirm;

  1. The type of defect

  2. Location of the defect

  3. Recommendations

  4. What will happen if defect is ignored

All the significant issues in our reports will be summarised in our Key Issues section at the start which will give provide a clear Traffic Light rating system and allow you to better interpret the severity of different items. 

What to expect from Blackacre

Once we have received instruction from you we will try to inspect the property within a couple of days - our inspection will typically take 2-4 hours depending on the size of the property. Following the inspection we are happy to give you a quick call so that we can discuss our initial findings. Our detailed report will take approximately 5 working days to turnaround and we can send this to you in electronic and hard copies. We request our clients read the whole report to get a complete picture of what is being said, however if you do have any further questions, we are happy to discuss these over the phone. 

 

Homebuyers Survey (RICS Survey Level 2) 

  • Typically suited for newer properties circa 1980s - 2010s

  • Less detailed than a Building Survey

  • Most areas of property inspected

  • Major defects covered

  • Key issues recorded in a Traffic Light Risk system

  • Blackacres Homebuyers Survey's do NOT include a market valuation *

A Homebuyers Survey (known as a level 2 survey) is the intermediate level report and is more cost effective than a Building Survey, but provides lesser detail on minor defects and does not provide advice on wider issues such as alterations or projected costs. Most areas of the property will be assessed, however due to the redcued cost of a Homebuyers Survey, it means we will provide a less in depth report, perhaps beneficial should the client only be concerned about major problems. 

Our reports cover major and minor defects and where applicable for each we will confirm;

  1. The type of defect

  2. Location of the defect

  3. Recommendations 

 

Condition Survey (RICS Survey Level 1)

  • Intended for new build properties <5 years old

  • Basic detail of major defects 

  • Only easily accessible areas inspected

 

A Condition Survey (known as a level 1 survey) is the basic level report and provides the least amount of detail on the building. It is suitable with new build properties that are unlike to have many defects but major concerns will be flagged.  

Our reports cover major and minor defects and where applicable for each we will confirm;

  1. The type of defect

  2. Location of the defect

  3. Recommendations

 

Why get a Survey? 

Buying a property is for most people the biggest investment they will make in their lifetime. With such large amounts of money exchanging hands, it is essential and hugely beneficial to understand the condition of the property so that individuals are not left out of pocket.

 

It is a very useful tool to allow professionals to highlight issues with the property and being able to negotiate money off the asking price. Most of the time surveys will pay for themselves, allowing many more thousands to be negotiated from the final agreed price. For more information on this from the Royal Institution of Chartered Surveyors see below.

 

What Survey should I choose? 

Hopefully the above explanations for the different levels of home surveys provides sufficient information for you to decide what type of survey is right for you. Please feel free to get in contact with us at info@blackacresurveyors.com and our friendly team will be happy to answer any more questions you may have.

 

The below video from the Royal Institution of Chartered Surveyors is also very helpful as a point of reference. 

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Locations: London, Sussex, East Sussex, West Sussex, Surrey, West London, Richmond, Barnes, Mortlake, Sheen, Putney, Eastbourne, Brighton,