Homebuyer Report or Building Survey

04/12/2019
Choosing between a Homebuyers Report or Building Survey can be confusing for home buyers; especially when choosing the wrong survey can mean you don't get the right level of detail to flag all the defects with your new home. The names of the surveys can equally cause confusion, for example a Building Survey is called a Level 3 Building Survey and is what some people call a structural survey. The Royal Institution for Chartered Surveyors (RICS), who regulate RICS surveyors, look to clarify the differences between the HomeBuyer Report and Building Survey and states:

HomeBuyer Report

Building Survey

"This level of service is for clients who are seeking a professional opinion at an economic price. It is, therefore, necessarily less comprehensive than a survey level three service. The focus is on assessing the general condition of the main elements of a property. The inspection is not exhaustive, and no tests are undertaken. Concealed areas normally opened or used by the occupiers are inspected if it is safe to do so (typical examples include roof spaces and cellar areas). There is, therefore, a risk that certain defects may not be found that would have been uncovered if a more substantial inspection had been undertaken"
"This level of service is for clients who are seeking a professional opinion based on a detailed assessment of the property. Therefore, the inspection is more extensive than for levels one and two and the surveyor will spend a considerably longer time at the property."

Source: RICS professional guidance, UK Surveys of residential property 3rd edition, May 2016 reissue

You may think that it is simpler to always instruct a Building Survey and leave no stone unturned, however we explain below why there are many properties that simply do not need the level of detail found in the Building Survey and as such the more affordable HomeBuyers Survey is better suited. The cost difference between the two surveys can be considerable so you shouldn't pay more in the hope of finding out more, when the fact is there is no further detail to prove.

If you need any help choosing between a HomeBuyer Report or Building Survey then call our survey specialists on 0333 344 3234.

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Homebuyers Report vs Building Survey

Level 2: HomeBuyer Report

Level 3: Building Survey

Commonly called a structural survey or a full building survey
This level of survey suits a wide range of conventionally built properties such as bungalows, flats or houses, although the age and type will depend on the knowledge and experience of the surveyor. It can be purchased with or without a current market valuation and a reinstatement value. This level of service is unlikely to suit:

  • complex buildings, for example those that have been extensively extended and altered
  • unique or older historic properties – although survey level two services may be appropriate for some older buildings, the decision will depend on the surveyor’s proven competence and the nature of the building itself. For example, a survey level two report on homes with traditional timber frames or those built much before 1850 is likely to be inconclusive and be of little use to the client
  • properties in poor condition; or
  • those where the client is planning to carry out extensive repair and refurbishment work.

This level of survey suits any residential property in any condition depending on the competence and experience of the practitioner. It does not include a current market valuation and a reinstatement value, however the surveyor may provide this for an additional fee. Considering the detail in the report it is most likely undertaken on:

  • large properties;
  • older properties built Edwardian or older or rundown;
  • unique or altered buildings such as a cottages or thatched roofs; or
  • if you are planning major works.


Property Defects Covered

Whether you choose a homebuyer or building survey the surveyor will look for all of the following defects. There are a number of defects that a survey aims to identify as potential risks so that you are made aware of these when proceeding with your purchase. The defects may even require further investigatory work with another specialist surveyor. These are some of the main defects your survey will identify if they spot visual signs:

Subsidence

Subsidence Inspection

The surveyor will look for signs of subsidence within the property paying special attention to signs of cracking internally and to the external walls. As a rule, if you can fit a 50p into a crack in a wall, it could be a sign of subsidence. Our surveyors will flag in their reports if they feel you need to instruct a structural engineer to review a crack further. Read more about Subsidence.
Rising Damp

Damp Testing

There are numerous reasons why a property can be affected by damp. The Surveyor will take samples in the property using a damp meter and assess the condition of the property to provide a report on whether they feel the property is affected by damp. Further investigations maybe suggested including getting a damp and timber specialist. Read more about damp testing and repairs.
Infestations

Identify Infestations

Woodworm, mice, rats and ants are infestations that your don't want in your home. Your surveyor will look for visible signs of mouse droppings, damage to floor boards (when visible) and damage to wiring, carpets or skirting boards.Read more about infestations
Asbestos

Asbestos

Before its use was banned, asbestos was a commonly used building material, particularly as part of cement products, floor tiles and roofing shingles. Asbestos was used for its durability and resistance to heat and is commonly found in artex ceilings, garage roofing and chimney stacks. Your surveyor will confirm if they suspect any materials in the property have asbestos and if so, suggest getting an asbestos surveyor to intrusively taking samples of the asbestos to confirm the type. Read more about asbestos

If you're buying a home which shows the signs of damp, or any other defects then you MUST get a home buyers survey, whether a HomeBuyers Report or a Building Survey. The costs for making good or repairing some of these defects can run into thousands of pounds; however, If identified within a survey you can get quotes for fixing it and either share the costs with the seller, or, in worst case examples, choose not to proceed.
HomeBuyer-Reports-or-Building-Surveys

 

Sections of the HomeBuyer Report

What is inspected?

A. Introduction to the report
Declaration that the HomeBuyer Survey is conducted by a RICS surveyor
B. About the inspection
Details of the property
C. Overall opinion and summary of the condition ratings
General overview of the property
D. About the property
Details number of rooms, age, type
E. Outside the property
Chimney stack, roof covering, rainwater pipes & gutters, main walls, windows, outside doors, HomeBuyerconservatory & porches, other joinery & finishes
F. Inside the property
Roof structure, ceilings, walls & partitions, floors, fireplaces, chimney breasts & flues, built-in fittings (kitchens but not appliances), woodwork, bathroom fittings,
G. Services
Electricity, gas/oil, water, heating, water heating, drainage, common services,
H. Grounds (including shared areas for flats)
Limitations (reasons why they couldn’t be inspected), garage
I. Issues for your legal advisers
Regulation, guarantees
J. Risks
Risks to building, risks to grounds, risks to people
K. Valuation
Market valuation and reinstatement value
L. Surveyor’s declaration
Information about HomeBuyer surveyor
What to do now
Standard information
Description of the RICS HomeBuyer Service
Standard information
Typical house diagram
Standard information
RICS Surveyor
 
The Building Survey report in comparison is bespoke in format for each individual property although it always contains a section on legal information, which is directed particularly at conveyancing solicitors.

The inspection is particularly looking for serious property defects including subsidence, damp, dry and wet rot and any visible sign of infestations.

Home Buyer Survey Costs

Home buyer survey costs vary depending on location and surveyor. You may find your home buyer survey cost is based on the size of the property or the length of time the surveyor feels the survey will take.

Our home buyer survey costs are fixed regardless of the area of the country or the size of the property. We’ll review the property with you over the phone and provide a competitive fixed cost for your survey.

HomeBuyer Report - "Traffic Light" ratings

The HomeBuyer Report is delivered in a standard format and the defects are graded by traffic light colours.

Condition rating 3 – defects that are serious and/or need to be repaired, replaced or investigated urgently. 

Condition rating 2 – defects that need repairing or replacing but are not considered to be either serious or urgent. The property must be maintained in the normal way. 

Condition rating 1 – no repair is currently needed. The property must be maintained in the normal way.
NI – not inspected. 

If the surveyor is unable to view any parts of the property they’ll make a note of this in their report which is why it is important the estate agent and the seller give access to all areas in the property.

In a home buyers survey the surveyor won’t provide cost estimates for making repairs to the property for any of the defects noted. If you would like to get the costs for repairing defects included in your survey, call us on 0333 344 3234.

Book your Home Buyers Survey

All of our surveyors are RICS regulated with years of experience working on all ages and types of properties throughout England. With over a 100 surveyors we’ll have a local surveyor near to your property able to give you the reassurance you need to buy your home.

Local RICS Surveyors Near You – Over 15 years of Experience – Same Week Availability - Low Cost
No time for forms? Call us on 0333 344 3234 (local call charges apply - Mon-Fri 8am to 6pm Sat 11am to 1pm)

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