House Surveys

House Surveys

Homebuyer Survey and Valuation Report
A Homebuyer Survey and Valuation (HSV), also known as a Homebuyer’s Report, is a survey done to a standard format set out by RICS – it’s most suitable for conventional properties built within the last 100 years, which are in reasonable condition.

It doesn’t detail every aspect of the property, and only focuses on urgent matters needing attention. It’s not usually suitable for properties in need of renovation, or if you’re planning major alterations.

An HSV includes details of:

The general condition of the property
Any major faults in accessible parts of the building that may affect the value
Any urgent problems that need inspecting by a specialist before you sign a contract
Results of tests for damp in the walls
Damage to timbers – including woodworm or rot
The condition of any damp-proofing, insulation and drainage (though drains aren’t tested)
The estimated cost of rebuilding the property after a fire, for building insurance purposes
The value of the property on the open market.

Download the terms and conditions of a RICS Homebuyers Survey and Valuation

Building Survey
A Building Survey is a comprehensive inspection of a property. It’s suitable for all properties, especially:

Listed buildings
Older properties,
Buildings constructed in an unusual way, however old they are
Properties you plan to renovate or alter in any way
Properties that have had extensive alterations.

It examines all accessible parts of the property – and you can ask to have specific areas included, so it covers any particular concerns you have about the building.

A Building Survey includes details of:

the roof and roof void
external walls
the floors
cellars
roof finishes including thatch
windows
doors
the electric’s
heating
hot and cold water
drainage
fittings and fixtures

We will also inspect any specific parts of the property that the client might want more information on. Such things in the past have included advice on whether rooms can be converted into extra bathrooms? whether the attic could be converted into additional space or whether the property can be extended.

Building Survey doesn’t usually include a valuation, but your surveyor can provide this separately if you need one.

Download the scope and limitations of a residential building survey here

This site was last updated 19-Apr-2007