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Chartered Surveyors

RICS Homebuyer Report

RICS Homebuyer reports in Newmarket, Suffolk

Getting a RICS survey for a house or flat will give you an idea of just how much you might need to invest in a property after you buy it.

This is the most popular report for buyers and is most suitable for modern properties, or a standard older building in a reasonable condition. Homebuyer reports cover structural safety and highlights issues, including any aspects failing to conform to building regulations and potential damp problems through a ‘traffic light’ system of condition ratings.

This type of survey typically takes two to four hours to complete depending on the size of the property, giving an independent and expert view on the property’s value.The results will give advice on any defects that may affect the property’s value, as well as any remedial works or ongoing maintenance that may be required.

 'Traffic light’ ratings

'Traffic light’ ratings

Clear ‘traffic light’ ratings of different parts of the building, its services, garage and outbuildings and shows problems which need varying degrees of attention;

Market value

Market value

The surveyor’s professional opinion on the ‘Market Value’ of the property.

Building controls

Building controls

Advice on other matters such as guarantees, planning and building control issues and matters for discussion with your legal advisers;

Property issues

Property issues

A list of problems that the surveyor considers may affect the value of the property; Advice on repairs and ongoing maintenance issues;

John Johnstone, Keylocks’ director, is a Registered Valuer (RICS), and is licensed to undertake HomeBuyer Reports, Conditions Reports and more detailed Building Surveys. This is a valuable tool for any purchaser, helping to highlight any areas of the property that may require attention or repair.


Still unsure? Watch this video from the RICS

A building Survey does not include a valuation however the survey will often reveal issues that can be investigated and costed before any legal commitment to purchase. This will ensure that the price you are paying is correct in light of the recommended repair works, and could save you a significant amount.

Get a quote for a RICS Homebuyer report

If you are interested in having a property surveyed through Keylocks then please contact us for further information and one of our experienced members of staff will get back to you as soon as possible.

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