What will a Homebuyer Survey cover?

A Homebuyer survey is produced in a standard format, defined by the Royal Institution of Chartered Surveyors (RICS). It is designed for houses and flats built after 1900 which are of convential construction and reasonable condition.

Although based upon a thorough inspection it is less detailed than a building survey. It will include the general condition, any significant defects in accessible parts of the property and comment on the existence and condition of damp proofing, insulation and drainage (although the latter will not be tested). Walls will be tested for dampness and timbers for damage including rot and worm. The recommended reinstatement cost for insurance purposes will be given as well as a market valuation.