What is a RICS Home Survey Level 2?

Previously known as a Homebuyers Survey, this is described by RICS as:

The most popular report for buyers. A complete diagnostic report, including a valuation element, suitable for the majority of residential properties. It clearly presents all findings in an easy to read format.

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The RICS Home Survey Level 2 includes:

A description of the condition of each element of the property

  • Colour coded condition ratings
  • A Market Valuation
  • A reinstatement cost for insurance
  • An overall opinion

It does not include:

  •  Cost estimates for repairs
  • Any detailed description of the construction of the building or detailed advice on specific defects.

The RICS Home Survey Level 2 report focuses on any areas requiring urgent repair, or that are significant and have an effect on the value of the property. RICS refer to this as “an economy Survey” and it is in a standard format. The purpose is to provide you with information to make a reasoned and informed judgement on whether or not to buy the property at the agreed price, and whether you should obtain any further specialist advice.

If you would like to speak to one of our expert residential surveyors or to book your RICS Home Survey Level 2 please contact Rob Hurlstone or for Isle of Wight please contact David Wiggins. Alternatively you can request a quote by clicking below.

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Looking for a RICS Home Survey Level 3?

Get a quote and more information on our RICS Home Survey Level 3

 

The following guide is produced by RICS to help you choose the right home survey: Choosing between surveys when buying a property

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