RICS Homebuyers Survey
HAPS supplies the RICS Homebuyer service which is a very useful reporting format that provides prospective purchasers with a concise and easily understood report upon many types of property. It includes a valuation and a very clear reporting structure that aims to identify those matters that you should consider before proceeding with a purchase.
The reporting format ensures that the various areas of a structure are subject to inspection and comment.
In our view the report best suits modern property and is ideal for flats where extensive comment upon other parts of a block are not required or relevent.
A clear summary provides a purchaser with all the information that they require to consider a property and includes a Market Valuation and advice on Building Cost Reinstatement.
HAPS regularly undertake Building Surveys on residential properties included listed buildings or buildings with conservation areas .
Building Surveys are often seen as a non-essential part of buying/acquiring a property and many residential purchasers consider their mortgage valuation report a good indication of the condition of the property. This is often not the case and buyers are left with substantial repair bills.
Whilst not every building survey report discovers siginificant defects to a building, there will always be a number of issues reported and in many cases this allows the purchaser to re-negotiate the purchase price with the saving far exceeding the cost of the survey.
Many clients often question why they should instruct a building survey on a newly constructed or converted property. Over the years we have seen some extremely poor conversions and new builds and in a few extreme cases recommended that the purchase does not proceed.
Where necessary we can arrange for specialist surveys of the mechancial and electrical services, curtain walling and cladding, electronic testing of flat roof membranes, and drainage surveys with consultants that we have worked alongside for many years.
Each building survey is a bespoke and detailed report and will include a detailed conclusion/summary highlighting the issues that require attention or further investigation and if required a valuation of the property.