

The RICS Home Survey & Valuation Report
The Level 2 RICS Home Survey & Valuation Report aims to give you professional advice to help you to:
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Make a reasoned and informed decision on whether to go ahead with buying the property
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Take account of any repairs or replacements the property needs
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Consider what further advice you should take before exchanging contracts
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The Level 2 RICS Home Survey & Valuation Report report contains:
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The surveyor's professional opinion on the 'Market Value' of the property
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An insurance reinstatement figure for the property
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A list of problems that the surveyor considers may affect the value of the property
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Advice on repairs and ongoing maintenance
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Issues that need to be investigated to prevent serious damage or dangerous conditions
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Legal issues that need to be addressed before completing your conveyancing; and
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Information on location, local environment and the recorded energy efficiency (where available).

The Level 2 RICS Home Survey & Valuation Report is in a standard format and includes the following sections:
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A Introduction to the report
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B About the inspection
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C Summary of the condition ratings
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D About the property
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E Outside of the property
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F Inside of the property
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G Services
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H Grounds (including shared areas for flats)
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I Issues for your legal advisers
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J Risks
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K Valuation
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L Surveyor's declaration
Appendices:
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What to do now
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Description of the RICS HomeBuyer Service
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House diagram
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The surveyor gives condition ratings to the main parts (or 'elements') of the main building, garage, and some outside elements. The condition ratings are described as follows.
Condition rating 1
No repair is currently needed. The property must be maintained in the normal way.
Condition rating 2
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
Defects that are serious and/or need to be repaired, replaced or investigated urgently
NI Not inspected (Inaccessible areas that would normally be reported on are indicated)
Looking for more Information on the RICS Home Survey & Valuation Report?
We are proud to offer the RICS Level 2 Home Survey & Valuation Report within Rutland and surrounding areas.
The RICS Level 2 Home Survey & Valuation Report is reproduced with the permission of The Royal Institution of Chartered Surveyors which owns the copyright.