What are the different RICS survey types?
Several factors such as the age, condition, or construction of your property, will determine the level of RICS Survey you require. This helpful infographic details the differences between the various RICS Surveys.
RICS Valuation
A RICS Valuation is a basic inspection used to indicate the value of a property and is required when applying for a mortgage. It’s also typically needed if there are changes in shared equity, schemes such as Help to Buy, and for tax reasons.
RICS Home Survey Level 1 Report (Condition Reports)
Level 1 Surveys are suitable for new build and modern properties; this survey is the most basic and provides a brief overview of the property’s condition. As these surveys are so limited, they are only suited to properties less than five years old and appear in good condition.
RICS Home Survey Level 2 Report (Home Buyers Report)
More thorough than the Level 1 Survey, a Level 2 Survey can be used for many different properties, including conventional buildings and homes built after 1800. This is the most popular mid-price survey, and it’s recommended in many instances as it’s suitable for a wide range of buildings and includes a valuation (if needed).
RICS Home Survey Level 3 Report (Building Survey)
Usually reserved for higher risk properties, for example, older or non-traditional buildings, those constructed from unusual or non-conventional materials, or buildings that have or will be altered/extended. This is the most in-depth survey available.
Choose the right survey for you
Our team of fully qualified and accredited RICS Surveyors will be able to advise you on the best choice of survey for you, and we fully understand the peace of mind that comes from knowing exactly what you’re buying.
At Robinson Elliott Surveyors, we go above and beyond when carrying out our RICS surveys, providing comprehensive information on the condition of your property. All observations and assessments are thoroughly explained, our colour-coded system makes your report easy to read at a glance, and we’ll never use complicated jargon.
How to read our RICS Surveys
To ensure clarity and to make our reports easy to read at a glance, we utilise a colour-coded system:
Red (3) Refers to severe defects that need to be repaired, replaced, or investigated urgently.
Amber (2) Refers to defects that need repairing or replacing but are not considered serious or urgent. The property must be maintained in the usual way.
Green (1) No repair is currently needed, and the property must be maintained as usual.
NI Not inspected.
The RICS Guarantee
Robinson Elliott is regulated by the Royal Institution of Chartered Surveyors, which requires us to adhere to professional guidelines, offering our clients a highly professional service they can rely on.
With extensive experience in all types of property across the South East of England, Robinson Elliott Chartered Surveyors can help to that ensure your property will be safe, in a good state of repair, and that you are paying the right price for your new home, whichever RICS Survey you choose.
Contact our team of Chartered Surveyors at Robinson Elliott Surveyors today to discuss the right survey for your new property.