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RICS HomeBuyer Report

Why choose an RICS Homebuyer
Report?

If you are purchasing a property you will want to ensure that there aren’t any hidden defects or surprises lurking within. In order to ensure this, you will need to instruct an experienced RICS Chartered Surveyor to complete a thorough survey.

An RICS HomeBuyer report will focus on all facets of the property and give the property buyer a full and thorough understanding of the current state of the property, fully outlining any defects or issues that are present.

The RICS HomeBuyer Report classifies any defects that are present within the property in an easy to identify ‘traffic light system’. This condition rating system will enable you to quickly identify items of the defect and establish the potential cost implications associated with those defects.

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RICS HomeBuyer Report Condition Ratings

1

Green: Condition Rating 1 (CR1)

No repair is currently needed.The property must be maintained in the normal way.

2

Amber: Condition Rating 2 (CR2)

Defects that need repairing or replacing but are not considered to be either serious or urgent.

3

Red: Condition Rating 3 (CR3)

Defects that are serious and/or need to be repaired, replaced or investigated urgently.

What are the benefits of an RICS HomeBuyer Report?

Once the Chartered Surveyor has completed the inspection of the property and prepared the RICS HomeBuyer Report, you will be able to make a fully informed decision on whether you want to proceed with the property purchase or whether to adjust the purchase offer based off the defects identified.

The RICS HomeBuyer Report focuses on all aspects of the property from the outside, to the inside, to the services, to the grounds. The completed report should not only highlight defects and issues within the property but will also rate those defects thereby ensuring you have a full understanding of the property and the cost implications of proceeding with the purchase.

The RICS HomeBuyer Report Process

Pre Inspection Investigation

Before visiting site, our Surveying team will have undertaken extensive research on the property and its background to ensure that when we undertake our inspection, we are fully informed on the type of property being purchased. This ensures we have all the facts to hand during the inspection.

Surveyor Site Inspection

During the inspection our Surveyor will fully inspect the property and will be able to establish any issues that are lurking within. The surveyor will inspect all elements of the property from the roof, to the walls, to the grounds. You can be sure that no stone is left unturned.

Surveyor’s Report & Determination

Having now had the opportunity to under

The Tools our Surveyor’s use during an RICS HomeBuyer Report

Laser Measure

We use laser measures to accurately measure the property. This ensures that we are able to determine the rebuild cost (insurance valuation of the property)and also ensures we are able to take the property size into account during our market valuation.

Damp Reader

We use a damp reader to check for damp around the property. This ensures we are able to locate issue and usually determine the cause of the damp, going on to recommend the necessary steps to address or eradicate the issue.

Binoculars

We use binoculars to get the best possible view of those hard to see areas such as roofs, fascias, gutters and chimney stacks. This ensures we are able to fully view and comment on the property and address all of the issues within the Surveyor’s Report.

Torch

We use high powered torches to ensure that we can fully view the areas of the property with no natural light such as the loft, eaves or cellar. This ensures that we re able to fully inspect the property and locate all of the defects, even those that are hiding in the dark!

Voltage Pen

We use a voltage pen to ensure that any loose or poorly fitted wires are tested to confirm if they are live (electricity passing through) or not. This ensures that the buyer doesn’t get a shock when they move into the property!

Ladders

We carry 3.2 metre ladders to all of our inspections, this ensures that we are fully able to access those hard to reach places such as loft voids, flat roofs, gutters and high fences. Our Surveyors will regularly be up and down ladders to ensure that no defects are missed.

Aerial Drone

We use an drone to inspect those areas of the property, such as the roof, gable walls and chimney stacks that are often difficult to fully inspect. This ensures that we get a full understanding of the property and are able to fully advise the buyer before the purchase.

Screwdriver Set

Our Surveyors will carry a full screwdriver set which ensures we not only test the firmness of timber, plaster, brickwork and render. We are also able to lift drain covers, remove panels and pry open hard to view areas of the property. This ensures that no stone is left unturned.

Tape Measure

Our Surveyors carry a 5m, a 30m and a 60m tape measure during all of their inspections. This ensures that we are able to fully measure the property, even those hard to reach areas. We are also able to confirm the size and square area of defects such as damp, defective render or cracks.

RICS HomeBuyer Report Fixed Costs

We believe Surveying costs should be transparent, fixed and never include any hidden extras.

All of our RICS HomeBuyer Reports are set at fixed costs and include the inspection, report and discussion, and recommendations once the report is complete and in the hands of our clients.

2 Bedroom Appartments
€850 + IVA
3 – 4 Bedroom Appartments
€900 + IVA
3 - 5 Bedroom TownHouse
€950 + IVA
3 – 5 Bedroom Villa
€1050 + IVA
5 + Bedroom Villa
€1,350 + IVA

FAQs

Disputes amongst parties can be incredibly stressful and can also take a significant amount of time and cost in reaching a resolution. Mediation ensures that a neutral and impartial person assists the respective parties in resolving the dispute at hand, enabling the parties to reach a mutually agreed settlement. Mediation is a voluntary form of alternative dispute resolution (ADR) and is the process of resolving a dispute between two, or more people.

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    Does my RICS HomeBuyer Report include a valuation?

    Yes, all of our RICS HomeBuyer Reports include a valuation as standard.This will the Surveyor’s professional opinion as to the value of the property.

    How long does the process take?

    We aim to inspect the property within 2 – 3 days of being instructed.Once our Surveyor has undertaken the inspection, we will then aim to have the completed RICS HomeBuyer Report with you in 2 – 4 days.

    What parts of the property do you inspect?

    The Surveyor will inspect all internal parts and external parts of the property. Where applicable this includes; gardens, common areas, loft voids, cellars, pretty much any area that’s accessible to the Surveyor.

    Will you advise on the property repairs?

    Yes, the Surveyor will not only advise on the repairs that are required to the property, but he will also give an indication of the cost, ensuring that you’re fully informed pre-purchase.

    Will it include a reinstatement valuation?

    Yes, all of our RICS HomeBuyer Reports include a reinstatement cost valuation or price as standard.This will enable you to correctly and fully insure the property should you proceed with the purchase.

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