A house or flat will probably be the most expensive purchase of your life and it is therefore essential that you are fully informed of its characteristics and condition before making such a major commitment. A survey report will assist you in making the important decision of whether to proceed with the purchase. If defects are identified before that decision is made, you may be able to negotiate a reduction of the agreed price or decide to look for another property. Simpson Chartered Surveyors can prepare a thorough report to suit your needs.
The Building Survey Report
Formerly referred to as a structural survey, the Building Survey Report is a comprehensive report suitable for all property types, particularly:
Older buildings constructed before 1930
Buildings you are planning to alter or extend
Buildings which have been previously altered or extended
The RICS Condition Report
This is a concise report in a standard format devised by the Royal Institution of Chartered Surveyors (RICS). You should choose this report if you are buying a conventional house, flat or bungalow built from common building materials and in a reasonable condition. The RICS Condition Report focuses on the condition of the property by setting out the following:
Clear ‘traffic light’ ratings of the condition of different parts of the building showing problems that require varying degrees of attention
A summary of the risks to the condition of the building
Other matters including guarantees, Planning and Building Control issues for your legal advisers
The RICS Condition Report does not include a market valuation or Insurance Reinstatement Assessment.