What do you get in a HomeBuyer Report?

The RICS HomeBuyers report is a visual survey designed to give an overall opinion on the condition of a property.

The report runs through the condition of each area of the property and will point out any visible defects. These will be marked using the RICS 321 traffic light system to identify the urgency of the defect. Each section prompts the surveyor to give a ‘condition rating’ which is red, amber or green. Red ratings mean the surveyor recommends further action and or further specialist investigation is needed. Amber means attention may be required, and a green rating shows that everything is ok.

At Cosey Homes all our HomeBuyer Reports include:
• A Full Level 2 RICS regulated HomeBuyer Report around 50+ pages
• All the features of a RICS Condition Report (Level 1)
• Advice on defects that may affect the value of the property
• Any repairs that may be required
• Suggestions and advice for ongoing maintenance where appropriate
• An insurance rebuild cost (known as re-instatement costs)
• Plus, we add a free RICS Residential Valuation worth £250 – £500 (depending on property
type and size)

How this will help you with your home purchase?
• Our HomeBuyer Report could help you to re-negotiate the purchase price if there are problems or urgent repairs required
• It will let you know in advance of potential future repair issues
• It will highlight issues such as damp that may need further investigation and we also check the roof space for you if it is accessible
• The re-build cost for insurance purposes could also help you get a more accurate buildings insurance quote

We understand that buying a home is an important part of your life whether that means a space of your own, upsizing, downsizing or a brand-new start. Our surveys help to give you peace of mind that the property you are buying is not falling down. Our surveys are often 50 pages + and always include photographs where possible about the condition of the property.
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