RICS HOMEBUYER
REPORT
A RICS
HOMEBUYER REPORT is more thorough and detailed, and
the time spent at the property is typically two to three hours. The
inspection and report are, therefore, more thorough and detailed.
The report is broken down into various headings, for example:
chimney stacks; roof coverings; main walls; roof structure;
external joinery; walls and partitions; floors; services; garage /
outbuildings, drainage inspection; legal issues and
risks. This is a visual inspection and no services are
tested. Drainage inspection covers are lifted and a
detailed inspection of the roof space is undertaken. Defects
reported within each heading are Condition Rated 1, 2
or 3 depending on the severity of the defect. The
report includes a market valuation and a buildings insurance
calculation. The Homebuyer Report is most suitable for houses of
traditional construction in good, average or fair condition.
Client’s specific queries can be addressed in this report, for
example, concerns about particular defects and proposals for
extension or alteration. It is usually the best choice for most
conventional residential properties which have been reasonably
maintained. At Tim Stubbs Limited, we specialise in this type
of survey.

CLICK TO DOWNLOAD AN EXAMPLE OF A RICS HOMEBUYER
REPORT
PRICES
Price of
Property |
Cost |
VAT 20% |
Total |
Up to
£100,000 |
£300.00 |
£60.00 |
£360.00 |
£100,001 to
£150,000 |
£340.00 |
£68.00 |
£408.00 |
£150,001 to
£300,000 |
£400.00 |
£80.00 |
£480.00 |
£300,001 to
£500,000 |
£500.00 |
£100.00 |
£600.00 |
£500,001 to
£750,000 |
£700.00 |
£140.00 |
£840.00 |
£750,001 to
£1,000,000 |
£1 per £1,000 extra over
£750,001 |
"Thank you for your comprehensive report which
outlined some fairly major problems and for which the vendor
reduced the price of the property in accordance with your
recommendation".
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