What is the difference between an RICS Home Survey level 2 and level 3?

In the UK, RICS (Royal Institution of Chartered Surveyors) provides various levels of home surveys to assess the condition of a property. The primary differences between RICS Home Survey Level 2 and Level 3 are the depth of inspection, the information provided, and the level of detail in the reports.

1. RICS Home Survey Level 2 (L2 – HomeBuyer Report):

1. • This is a standardized report suitable for conventional properties that are in reasonable condition.
   • It provides a general overview of the property’s condition, highlighting significant issues that might affect its value.
   • It covers essential elements such as structural problems, major risks, and urgent defects.
   • It doesn’t involve an in-depth investigation or detailed analysis of the property’s structure.

1. RICS Home Survey Level 3 (L3 – Building Survey):

1. • This is a more comprehensive and detailed inspection, suitable for older or non-standard properties, larger buildings, or properties in poor condition.
   • It includes a thorough examination of all accessible parts of the property, providing a comprehensive assessment of its condition.
   • It offers advice on defects, repairs, and maintenance options, and may include recommendations for further investigations.
   • It covers structural integrity, detailed analysis of defects, and advice on repairs and maintenance.

In summary, RICS Home Survey Level 3 (Building Survey) provides a more detailed and extensive inspection compared to RICS Home Survey Level 2 (HomeBuyer Report), making it more suitable for properties with complex issues, older buildings, or those needing extensive renovation. The choice between the two surveys depends on the property’s age, condition, and the level of detail desired in the inspection report.

Illuminati Surveyors – property surveyors Blackpool & Fylde Coast.

Disclaimer: The information contained in this blog is provided for general guidance only and does not constitute legal, financial, medical, or other professional advice. No warranty, express or implied, is given as to the accuracy or completeness of the information. Reliance on any information provided is at your own risk.