It is important that you know that the property which you are buying is safe, sound and overall good value for money.
The Homebuyer Survey and Valuation (HSV), also known as a Homebuyer’s Report, can only be undertaken by a licensed Chartered Surveyor or Valuer. This is a survey completed to a standard format set out by RICS – it’s most suitable for conventional properties built within the last 150 years, which are in reasonable condition. It is a more detailed inspection designed to give the purchaser useful information in a "user friendly" format.
A market valuation and building insurance re-instatement costs will also be provided. Additional services can be provided at the request of the client prior to carrying out the report. Clients will receive:
- A clear and concise overview of the market value, marketability, particular features and general condition.
- Identification of those matters concerning the value of the property which the surveyor judges to be significant, or to require urgent attention.
- A list of matters with probable legal implications which clients should instruct their Legal Advisors to include in their enquiries.
- Useful advice on safety and maintenance matters.
- Matters which should be investigated or acted upon before legal commitment to purchase.
The inspection will look at all reasonably accessible parts of the property internally and externally (from ground level or publicly accessible areas) and comment generally on their state of repair and condition. The roof void will be entered (where practicable) to enable the surveyor to comment on the condition of the roof structure.
An overall impression of the services will be given (but they will not be tested). Outbuildings such as garages will be commented upon but only in respect of serious defects.
The site, boundaries, paths etc will be reported upon in relation to special risks, such as large nearby trees.
This report is suitable for most properties, but not those which are very large, old or of unusual construction.
Interested? Please contact Samuel Dickey MRICS on 02890 595555