When you are buying a house, it is usually the biggest investment you are going to make. An RICS Homebuyer Report is a high quality cost effective report. The report is informative and designed to help a purchaser make an informed decision whether to proceed with the proposed purchase. The report offers advice on repairs/replalcements that may be required to the property and this highlights what actions may be required prior to exchange of contract. Having a Homebuyers Report undertaken gives you an independent opinion on the property’s value.
A Homebuyers Report includes an inspection both externally and internally and the surveyor will identify any issues of concern. The report includes a Market Valuation and Insurance Reinstatment cost for building insurance purposes.