This type of survey is intended for residential property of conventional type and construction and apparently in reasonable condition. It focuses on urgent, significant defects and problems which will affect the sale value, and could help you negotiate a lower purchase price.

RICS Homebuyer Survey and Valuation (sometimes referred to as ‘HSV’ or a ‘Homebuyer’ report) is the leading survey form presently available in the residential home buying market. It’s been around for nearly twenty years in various designs, and has built a reputation for delivering a clear, comprehensive report for home buyers at an affordable price – with the authority of having been delivered by a fully qualified surveyor member of RICS.

The HSV is pitched above a standard Mortgage Lender’s Valuation Report, but below a bespoke and in-depth full Building Survey. It’s designed to be a mid-range inspection that offers a guide on value and highlights areas of urgent repair to home buyers. The report provides a valuation, a rebuilding cost (drawn from BCIS data) and spotlights issues that may affect the value of the property.