Buying a property is exciting, but it’s also one of the biggest financial commitments you’ll make. You want to feel confident that the home is safe, sound, and worth the price you’re paying. That’s where RICS surveys come in, giving you professional insight into a property’s condition.
Choosing the right level can feel tricky, so let’s break it down and make it easier to understand. Keep reading to see which survey level best fits your needs.
Understanding The Purpose Of RICS Surveys
A RICS survey helps you spot issues before you commit to buying. It checks the condition of the property and highlights potential problems that might not be obvious. These surveys are carried out by RICS-qualified surveyors who use a clear traffic-light rating system. This makes it easier to see what needs urgent attention and what’s less serious.
If you want RICS home survey levels explained in straightforward terms, think of them as options that range from basic to detailed. The right choice depends on the age, type, and condition of the property you’re buying.
RICS Survey Level 1: A Simple Check
Level 1 surveys are the most basic. They’re best for newer homes that look well-maintained. You’ll get a clear overview of the property’s general condition without going into deep detail. While it’s the cheapest option, it won’t give you much insight into hidden issues.
This level is suitable if you’re buying a modern flat or house that hasn’t shown signs of problems. It’s a way of confirming everything looks as expected but it’s not enough for older or unusual homes.
RICS Survey Level 2: A Balanced Choice
Level 2, also called the HomeBuyer Report, is the most popular option. It offers a more detailed look at the property’s condition, including damp checks, structural movement, and urgent repairs. It also includes advice on ongoing maintenance, which can help you budget.
You’ll get a report that explains not just what’s wrong but also what might need fixing in future. Many buyers choose this level because it strikes a balance between cost and detail.
RICS Survey Level 3: A Detailed Review
Level 3, often known as the Building Survey, is the most comprehensive. It’s recommended for older homes, listed buildings, or properties that have been altered. The surveyor examines the structure in detail and reports on potential risks and repair costs.
This level gives you the fullest picture of the property’s condition. It may take longer and cost more, but it can save you from unexpected expenses later. If you’re considering a renovation project, this level provides the insight you’ll need.
Deciding Which Level Suits You
Choosing the right survey depends on how much reassurance you want. If the property is nearly new, Level 1 may be enough. If it’s fairly standard but not brand new, Level 2 usually makes sense. And if you’re buying an older or unique home, Level 3 gives you peace of mind.
Think about how much you’re investing and the risks involved. Spending a bit more upfront on the right survey could save you thousands down the line.
Making A Confident Choice
Understanding RICS survey levels helps you weigh up cost, detail, and reassurance. Level 1 suits simple cases, Level 2 gives balanced protection on modern homes in fairly good condition, and Level 3 is required for in-depth detail on larger or older homes. By matching the survey to your property type, you’ll avoid surprises and feel more secure in your decision.
