New RICS Guidance on cladding (External Wall Systems)
On 8 March, RICS issued updated Guidance on the valuation of properties in multi-storey, multi-occupancy residential buildings with cladding.
We offer three survey reports for you to select from: RICS HomeBuyer Report, RICS Building Survey or RICS Condition Report.
Our product comparison guide below illustrates the main differences between each of the surveys and how they differ from a mortgage valuation.
Click here to download our Product Comparison Guide as a pdf.
Valuation | RICS Condition Report | RICS HomeBuyer Report | RICS Building Survey | |
Completed by a local qualified surveyor | ||||
Suitable for you - informs you of the condition of the property before purchase | ||||
Tells you the condition rating of a property | ||||
Helps you to identify possible problems that could help with price negotiations | ||||
Will help you avoid expensive repairs after completion | ||||
Suitable for any property (*Only in certain circumstances) |
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Suitable for properties built from 1850 to the present day, and standard construction | ||||
Includes: | ||||
An inspection | ||||
Clear traffic light ratings | ||||
Highlights parts needing urgent attention | ||||
Advice to your legal advisors | ||||
Professional advice from a surveyor e.g. ongoing repairs and maintenance | ||||
Market valuation | ||||
Building reinstatement costs for insurance purposes (* Only in certain cases) |
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Comprehensive report on construction and defects | ||||
Ideal for sellers | ||||
Support: | ||||
Helpline | ||||
Speak to the surveyor before and after the inspection |
Want to find out more? Take a look at the RICS’ impartial guide to home surveys.
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On 8 March, RICS issued updated Guidance on the valuation of properties in multi-storey, multi-occupancy residential buildings with cladding.
We introduce the new RICS Home Survey Standard and explain what it all means for UK home buyers.
For those unfamiliar with the property buying and selling process, you may not fully understand what a mortgage valuation is and why it is so important. Take a look at our video.
The survey we requested was done in a friendly, fast and efficient manner.