The Homebuyer Survey & Valuation
The Homebuyer Survey and Valution is also referred to as an HSV, or a Homebuyer’s Report. They are completed within a standard format as laid down by the Royal Institution of Chartered Surveyors (RICS). The Homebuyer Survey and Valuation is recommended for conventional homes constructed within the last 150 years, and which are in a reasonable condition.
The HSV will not detail every single aspect of the building, but it does spotlight urgent matters that need attending to. If you have a property that is in need of renovation or that you intend to alter, we recommend you commission the more comprehensive Building Survey from a RICS surveyor.
The Homebuyer Survey and Valuation Report includes details of:
A current valuation of the property as for the open market.
An estimate for the cost of re-building the property for insurance purposes.
An assessment of any damp-proofing, drainage or insulation in the building. Drains are not tested
Condition of the building’s timbers and checking woodworm or rot
Damp test results taken from the walls
Details of urgent problems which should receive specialist attention before signing a contract
Details of major faults in easy to get to parts of the property that may affect its value.
Find a surveyor for your Homebuyer Survey and Valuation.
Here is our directory of Chartered Surveyors on reallymoving.com.