Question 1

Why do I need a RICS survey?

Accepted Answer

A RICS survey helps identify any structural issues, defects, or potential problems with a property. It provides a detailed report on the condition of the property, enabling buyers to make informed decisions and negotiate terms with seller

Question 2

What types of RICS surveys are available?

Accepted Answer

RICS offers different types of surveys, including RICS Condition Report, RICS Home Buyer Report, and RICS Building Survey. The type of survey you need depends on the property's age, condition, and your specific requirements.

Question 3

Do I need a RICS survey for a new-build property?

Accepted Answer

Even for new-build properties, it's advisable to have a RICS survey, which is informal known as a snag report.  While there may be fewer concerns about structural issues, a survey can still identify any construction defects, incomplete work, or other issues that may need attention.

Question 4

How much does a RICS survey cost?

Accepted Answer

The cost of a RICS survey varies based on the type of survey and the size and complexity of the property. It's important to obtain quotes from several RICS regulated surveyors to compare prices and services.

Question 5

How long does a RICS survey take?

Accepted Answer

The duration of a RICS survey depends on the type of survey and the size and condition of the property. On average, a RICS HomeBuyer Report may take a few hours, while a RICS Building Survey may take 3-5 hours.

Question 6

Can a RICS surveyor provide repair cost estimates?

Accepted Answer

Yes, we offer an additional service for an estimates costs of repairs. We can provide an estimated market rate for the costs of the remedial works.

Question 7

How can I use the RICS survey report in negotiations?

Accepted Answer

The RICS survey report can be used to negotiate with the seller. If significant issues are identified that have not been reflected in the price, you can discuss potential price adjustments or request that necessary repairs be completed before finalising the sale

Question 8

Who pays for the survey?

Accepted Answer

Typically, buyers arrange an independent property survey during the conveyancing phase, after their offer is accepted but before contracts are finalized. It's strongly advised to safeguard your investment by seeking guidance from a property expert regarding the structural integrity of the property and any other factors that might impact your decision to purchase.

Question 9

What are the risks associated with purchasing a house without obtaining a survey?

Accepted Answer

Although there's no legal requirement to conduct a survey, it would be unwise to commit to a property without comprehensively assessing its condition. Without an informed valuation or awareness of any existing defects, you might overpay for the property and face unforeseen repair expenses post-purchase. Opting for an independent pre-purchase survey provides crucial protection and potential cost savings.

Question 10

Would you like to refer our services?

Accepted Answer

Yes, we offer a referral program! If you're satisfied with our property surveys or valuations, you can refer our services to friends or family. They’ll benefit from our expert Building surveys, homebuyer reports, and valuations, you can also claim a referral fee.

Frequently asked questions

Why do I need a RICS survey?

What types of RICS surveys are available?

Do I need a RICS survey for a new-build property?

How much does a RICS survey cost?

How long does a RICS survey take?

Can a RICS surveyor provide repair cost estimates?

How can I use the RICS survey report in negotiations?

Who pays for the survey?

What are the risks associated with purchasing a house without obtaining a survey?

Would you like to refer our services?

Why do I need a RICS survey?

What types of RICS surveys are available?

Do I need a RICS survey for a new-build property?

How much does a RICS survey cost?

How long does a RICS survey take?

Can a RICS surveyor provide repair cost estimates?

How can I use the RICS survey report in negotiations?

Who pays for the survey?

What are the risks associated with purchasing a house without obtaining a survey?

Would you like to refer our services?