The Royal Institution of Chartered Surveyors (RICS)

23/10/2018
451
2 min read
The Royal Institution of Chartered Surveyors is the regulator for RICS surveyors and can trace its history back to 1792 when the Surveyors Club was formed.

The Royal Institution of Chartered Surveyors, or more popularly known as RICS, was created in 1868 in England and received a royal charter in 1881. With this charter, RICS members are more commonly known as chartered building surveyors. RICS members are recognised by the designation after their name - FRICS (for Fellow of RICS) , MRICS (for Member of RICS) or AssocRICS (Associate of RICS)

RICS are a global property professional body which aims to:
  • Regulate and promote the profession
  • Maintain the highest educational and professional standards
  • Protect clients and consumers through a strict code of ethics
  • Provide impartial advice, analysis and guidance

What is key is that RICS want to promote a professional and affordable service. You aren't just offered one solution, RICS are trying to offer various solutions to property matters with the condition report, HomeBuyer Report and the Building Survey. But which service best suits you? Call SAM Conveyancing on 0333 344 3234 to find out which survey is best for you. We quote for free.

We have a panel of RICS regulated surveyors who provide Property Valuations, HomeBuyer Reports & Building Surveys.Call 0333 344 3234 to find out when we have our earliest booking for your property, or click here for an instant online house survey quote.

RICS History

The Royal Institution of Chartered Surveyors can trace its history right back to 1792 when the Surveyors Club was formed. However, the foundations of the current modern organisation started to properly take shape when 20 surveyors met at the Westminster Palace Hotel. Under the chairmanship of John Clutton, they appointed a sub-committee to draw up resolutions, bye-laws and regulations. This was done in order to establish a professional association to represent surveyors and the growing property profession.

This group, which had expanded to 49 members by 1868, met again at the Westminster Palace Hotel on 15 June 1868 to approve the resolutions and elect the first Council. John Clutton was elected the first president of the Institution of Surveyors Offices were then leased at 12 Great George Street, which we are still used as their headquarters today.

The requirement for such an organisation was driven by the rapid development and expansion of the industrialised world; as infrastructure, housing and transport links grew, so did the need for more stringent checks and balances.

For more than 140 years, RICS members have worked to ensure that, whilst unlocking the inherent value held within the world's physical assets and developing its potential, we don't spoil the planet for future generations.

Even in parts of the world where the term 'chartered surveyor' means very little, the high standards of our members speak volumes. They are viewed by major financial institutions and world governments as the 'gold standard' when it comes to professional regulation in the property sector.

All of SAM Conveyancing's surveyors are regulated by The Royal Institution of Chartered Surveyors.


 
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