The Level 2 Survey, also known as the Home Buyers Report is a survey that is conducted prior to the purchase of a property.

Understanding the home buyers survey

It is conducted by a qualified surveyor who inspects the property and provides a detailed report on its condition and any potential risks.

You will find there are different levels of assessment that you can opt for when you purchase your new home. It can be confusing to understand which applies to your property purchase. A simplified property valuation may be what you need if you are buying a brand new property or if you are re-mortgaging your current home. This is an uncomplicated valuation and is the and covers an external inspection, internal inspection, the local area, legal detail and possibly insurance valuation.

A RICS Homebuyers Survey is considered a medium level survey, the format is designed to clearly communicate any defects or issues observed during the surveyor’s inspection, it does this by rating the defect via a easy to understand traffic light system. Condition Rating 1: Green: Confirms that no action is needed, the item should be maintained in the normal way. Condition Rating 2: Amber: Confirms that the defect needs repairing or replacing, however, there isn’t any particular urgency. Condition Rating 3: Red: Confirms that urgent repair, replacement or further investigation is required. This will usually be accompanied by further additional advice to assist you in resolving this.

  • Current market value
  • Local area information
  • Buildings insurance estimate
  • Timber condition & damp testing
  • Damp/drainage/insulation assessment (excluding drain inspection)
  • Structural Issues
  • Roofs
  • Items of urgent and significant repair or expenditure

Homebuyer survey

A homebuyer survey is a detailed inspection of a homes condition conducted by a qualified surveyor.

For small/medium sized post-war properties – A full inspection and concise report on significant defects having a material effect on value. Valuations are included. 

The survey covers everything within the main structure survey, plus windows, doors, ceilings, outbuildings, and boundaries. General comments only will be given on service installations such as plumbing, heating, gas, electrics, and drains, but they will not be tested. We will advise upon the tests required so you can contact a specialist of your choice.