Cozey Homes Ltd – “A valuation is not a survey – Make sure you know as much as you can about the true condition of your future home before you commit to buying.”
A mortgage valuation is for the benefit of the lender while a survey is for your benefit.
A RICS Home Survey will highlight potential problems and getting one done can help you avoid the
average £5,750 repair bill that homebuyers face once they have moved into their new home.
RICS Condition Report (level 1)
This report focuses purely on the condition of your property by giving ratings to the different parts
of the building and flagging up any areas that need attention.
RICS HomeBuyer Report – Survey or Survey & Valuation (level 2)
The report gives you more detailed information and provides the choice of either a Survey or a Survey
RICS Building Survey (level 3)
This survey offers an extensive inspection of property conditions and gives detailed information
about the structure and fabric of the property. It includes a description of visible defects and
potential problems caused by hidden flaws and an outline of repair options.
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