The following will be discussed in this presentation; RICS level 2 – Homebuyer Report Condition Rating What is a Homebuyer Report? What the survey Includes? What the survey excludes? What equipment is used? Video – RICS Homebuyer Report

3.  A homebuyer report is like a condition report
but, also gives a market and insurance valuation,
further more it gives advice on defects that may
affect the value of the property with repairs, and
ongoing maintenance advice. Homebuyer report
is normally suitable for residential properties has
is presents all findings in an easy way for the
client. A homebuyer report can start at £400 and
go up to £5000 depending on the size, type and
structural layout of the building.

4.  MarketValuation of the property
 ReinstatementCost estimate (insurance
purposes)
 Coded condition ratings
 Inspection of the property
 defects, and additional advice on repairs and
maintenance
 An overall opinion and summary of condition
ratings

5.  Cost estimates for repairs
 Any detailed description of the construction
of the building or detailed advice on specific
defects.

6. Some of the standard equipment used for a
homebuyer survey;
 Measure tape
 Damp/ moisture meter
 Binoculars
 Ladder