The Royal Institution of Chartered Surveyors (RICS) has introduced a new standard home survey report following feedback from homebuyers. The new report format is called the Home Survey Report and it replaces the previous RICS Homebuyer Report.
The introduction of the new report comes as part of the wider roll out of the RICS Home Survey Standard, which aim to see that new minimum requirements for property condition advice are provided by Chartered Surveyors in a clear and jargon-free way.
The new reports will have a greater focus on images, so buyers can easily locate any areas of concern that have been identified by the Surveyor.
Lea Hough has already rolled out the use of the new Home Survey Report for residential surveys of this nature.
Matthew Parkinson, Chartered Surveyor and Head of Residential Surveys and Valuations, said:
“It’s good to see the RICS responding to consumer feedback and making continual improvements in the standards of our industry.
“Buying a home can quickly become an overwhelming process with buyers being swamped with paperwork and information. Anything that can be done from the perspective of Chartered Surveyors to ease this and make information clearer to buys is welcomed by us.”
Alongside RICS Home Survey Reports, Lea Hough also offer house buyers the option of a Building Survey Report. Particularly well-suited to older properties, those of non-standard construction or those in a state of disrepair, Building Survey Reports provide a more in depth inspection of the property and consequently a more detailed report. After the completion of any of survey report, buyers may be recommended to have further investigations conducted if there are any structural issues identified or other potentially costly defects of concern.
For more information on any of the survey reports offered by Lea Hough, or to discuss which survey is the most suitable for your property purchase, please contact us.