Do I need a Level 2 Home Survey or a Level 3 Building Survey in Canary Wharf?
The type of survey you require depends entirely on the age, size, and general condition of the property you are purchasing. Use the comparison below to determine which RICS inspection is right for your transaction:
Inspection Detail | RICS Level 2 Home Survey (formerly HomeBuyer Report) | RICS Level 3 Home Survey (formerly Full Structural Survey) |
|---|---|---|
Inspection Best Suited For | RICS Level 2 Home Survey Conventional, modern properties (built post-1990) of standard construction. | RICS Level 3 Home Survey Older, historic, or large properties, or those of non-standard construction. |
Inspection Property Condition | RICS Level 2 Home Survey Homes appearing to be in a reasonable, well-maintained state. | RICS Level 3 Home Survey Homes that are noticeably dilapidated or have been extensively altered. |
Inspection Depth of Inspection | RICS Level 2 Home Survey Surface-level visual inspection of accessible areas to highlight major faults. | RICS Level 3 Home Survey In-depth analysis of the property's structure, fabric, and integrity. |
Inspection Future Plans | RICS Level 2 Home Survey Buyers looking for a general overview before moving in. | RICS Level 3 Home Survey Buyers planning significant structural renovations or extensions. |
Inspection Advice Provided | RICS Level 2 Home Survey Highlights urgent defects that may affect the property's value. | RICS Level 3 Home Survey Detailed advice on defects, repair options, and ongoing maintenance consequences. |
Local Property Characteristics in Canary Wharf
Properties built in this area have certain standard characteristics which dictate what type of survey you'll need for your property. Here is a table of different factors that could affect your property and require further investigation by your RICS surveyor:
Characteristic/Risk | Details |
|---|---|
Japanese Knotweed Risk: | Check the Environet heatmap to confirm. Source: Environment Agency & Environet UK Heatmap Data |
Listed Buildings: (Such as Grade I, Grade II*, and Grade II in Canary Wharf) | There are no recorded listed buildings within the immediate local area. Note: Estimated based on the location's common property types and proximity from the data at Historic England. Your actual property may have a different characteristic or risk. Source: Historic England |
Ground Stability: Flags a risk for subsidence. | Properties in this location are flagged as having a high risk of ground instability (such as subsidence or shrink-swell clay). Your solicitor will recommend a comprehensive environmental and ground stability search, and you should obtain a RICS Home Survey to inspect the physical construction of the property. Source: The British Geological Survey (BGS) |
Canary Wharf Specific Property Info |
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Expert Tip: Check for Ground Instability and Subsidence
With a flagged risk for ground instability in Canary Wharf, such as shrink-swell clay, the property's foundations are more susceptible to seasonal movement and structural cracking.
Your RICS surveyor will thoroughly inspect the load-bearing walls for signs of subsidence, and this risk will be further detailed in your local environmental searches.
Local Building Survey Canary Wharf
Our Building Surveyors specialise in the local area and have completed house surveys in London, Lewisham, Poplar, Bethnal Green, Greenwich, Bermondsey and Rotherhithe.
We work with specialist RICS Building Surveyors to undertake Home Buyers Surveys in Canary Wharf. Whether you are buying an old run down 'doer upper' or standard construction freehold house, our RICS surveyors have seen them all.
With a vast number of years of experience completing building surveys on properties in Canary Wharf we'll be able to give you the detailed Canary Wharf HomeBuyers report that you will need to know and what defects there are with your property.
Defects flagged in a Canary Wharf Home Buyers Survey
Local Tip: Subsidence
Some parts of Canary Wharf might be affected by existing or proposed wind farms or wind turbines. A recent Environmental Search Report taken out for a property in Flat 1, Tequila Wharf, Commercial Road E14 7LG noted that it was built within 4km of existing or proposed wind farms or wind turbines. The location of wind farms can have an impact on the surrounding area due to the size of the turbines and the inconvenience of where the turbines are placed.
Click to find out more about Environmental Search Reports.
Local Tip: Damp
Properties sometimes have issues with ground stability in certain locations in Richmond.
In a recent Environmental Search, taken out for a property in Flat 1, Tequila Wharf, Commercial Road E14 7LG, revealed that there was a moderate potential for natural ground instability within 50m of the property. The level of ground stability in the surrounding area will be dependent on local conditions.
Click to find out more about subsidence
Local Tip: Asbestos
Some properties in the surrounding areas in Canary Wharf including Upper Bank Street, East Ferry Road and Byng Street have a medium chance (1% - 3.35%) of surface flooding occurring each year.
Depending on where in Canary Wharf you are thinking of buying, your solicitor may advise that you get an additional Flood Risk Report (click to find out more).
Why Choose SAM Conveyancing for your Home Survey?
In helping over 15,339 survey clients since 2014, we've learned a lot about surveys in Canary Wharf using our panel of over 100 Royal Institution of Chartered Surveyors (RICS). Your Canary Wharf surveyor will be local to your property, so whether you're worried about subsidence, damp, infestations, extensions, or even just for peace of mind, we've got you covered.
Our HomeBuyers Survey costs are fixed and competitive, as you'll see from all our Excellent reviews on Trustpilot. This means you don't have to break the bank to get a full health check on your new home. Get a Home Buyer Survey Quote today, or if you're not sure which survey to choose and want to know the difference between a Level 2 Home Survey and a Level 3 Building Survey, then give us a cal,l and we'll happily tell you what you need - 0333 344 3234 (local call charges apply).
What defects are flagged in a Homebuyer's Survey?
Cracks are inspected and in the report will confirm if you need a structural engineer as there are signs of historical or current movement.
The RICS surveyor will use a moisture meter in the rooms and report any high levels along with any mould or damp causing damage to the walls/windows.
The wooden door frames and windows will be inspected for rotting and wood worm.
The surveyor looks for signs of infestations through droppings, damage to piping/flooring and in some cases finding where the nest is.
The surveyor will check the grounds of the property and, where possible, check over the fences to neighbouring plots to identify if there is a risk of Japanese knotweed.
The surveyor lifts up accessible man hole covers to check if the drains are blocked. You may need to get your drains inspected with CCTV.
The surveyor will enter into the roof/loft space if there is a safe and accessible ladder. They'll look for insulation, signs of leaking and and damage.
Download an Example Level 2 and Level 3 Home Survey
Property Survey FAQs for Canary Wharf
- online checklists
- videos
- free downloads
- useful tips
RICS Level 2 Home Survey with a Valuation
A RICS Level 2 Home Survey, which used to be called the HomeBuyer Report or a Home Buyer Survey, is generally suitable for:
- Bungalows
- Flats
- Standard construction houses
The majority of Canary Wharf's leasehold flats require only a RICS HomeBuyer Report but for any Victorian conversions, a Building Survey may well be required.
RICS Level 3 Building Survey
A Level 3 Home Survey, also known as a Building Survey or a full structural, is the most comprehensive visual inspection a RICS surveyor can provide on a property in Canary Wharf. It is suitable for:
- complex buildings, for example those that have been extensively extended and altered
- unique or older historic properties
- properties in poor condition; or
- those where the client is planning to carry out extensive repair and refurbishment work.
Speak to one of our team on 0333 344 3234 to find out if your property suits a RICS Building Survey, or read our article Which Home Buyers Survey suits your property .
