RICS Full Building Surveys
Whether you need a survey for your mortgage or you are a cash buyer, there are some certainties worth having when buying a building. No one wants a porperty they have bought to come with any nasty surprises. This is something you cannot rely on a mortgage report to give you, unlike a RICS Buidling survey.
The Council of Mortgage Lenders and the Consumers’ Association recommend that you obtain an independent survey by a chartered surveyor. This is excatly what we specialise in.
Here at Winfields, our building survey reports and homebuyer reports are able to give you a comprehensive understanding of the building you are buying.
RICS Building Survey
The structural survey
A level 3 RICS building survey, also referred to as a RICS full structural survey, is the most in-depth building survey available. The report includes a thorough look at the condition the property is in, advice of possible defects, repairs, and ways the property may require maintenance.
This level of survey is most suitable for properties which are considered large, older properties such as listed buildings, unusual homes such as ones made of atypical materials, properties about to undergo large amounts of renovation and properties considered to be poor condition. It should be noted this kind of survey is not very often completed on individual flats or apartments.
These surveys will require us to be at the property from anywhere between 2 hours and a couple days. This depends on the size and scope of the property, as well as its condition.
As well as all the information included on the RICS homebuyer report you will get additional information. This report also includes;
Designed by the RICS as a cost effective method of minimising risk, the Homebuyer Report is designed to provide buyers with enough information to make a reasoned and informed decision on whether to proceed with their purchase.
The report covers the building inside and out, the services, and the site. It includes specific sections on all the main elements of a building, including roofs, walls, floors and joinery. Each element is given a condition rating for easy reference:
- Condition rating 1 (green): No repair is currently needed. The property must be maintained in the normal way.
- Condition rating 2 (amber): Defects that need repairing or replacing but are not considered to be either serious or urgent. The property must be maintained in the normal way.
- Condition rating 3 (red): Defects that are serious and/or need to be repaired, replaced or investigated urgently.
Property related risks including movement, dampness and timber defects are also given their own section.