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RICS Level 2 Homebuyer Report

What is an RICS Level 2 Homebuyer Report

The RICS Level 2 Home Survey, also known as a Homebuyer Report or Homebuyer Survey, is designed for conventional homes in reasonable condition, typically built within the last 40 years. It offers a clear, easy-to-understand overview of a property’s condition, identifying any urgent issues like damp, movement or defects.

Previously known as the Home Condition Report (2006), then the Homebuyer Report, the current version was updated in 2019 to improve clarity and structure. It’s ideal for modern flats, standard houses, and properties without significant alterations.

For older, larger, or more complex buildings, we recommend the more detailed RICS Level 3 Building Survey, which provides in-depth insight into structural issues and long-term maintenance.

At Dunham Hale Surveyors, we offer both survey types. If you’re unsure which is best for your property, download our free guide or get in touch, we’re here to help.

What is Covered within an RICS Level 2 Homebuyer Report?

At Dunham Hale Surveyors, our RICS Level 2 Homebuyer Report offers a thorough inspection of the key internal and external elements of the property, including walls, ceilings, floors, roofs, and windows. It’s ideal for modern or conventional homes in reasonable condition.

  • Inspection of all accessible areas including lofts, basements, cellars, windows, doors, and roof spaces
  • Assessment of insulation, dampness, and condensation risks
  • External elements including garages, porches, conservatories, and permanent outbuildings
  • Roof coverings: pitched and flat, including internal voids where accessible
  • Visual assessment of electrical, gas, water and heating services
  • Optional guidance valuation included at no extra cost
  • Energy efficiency overview
  • Guidance on leasehold or freehold concerns

Why opt for an RICS Level 2 over an RICS Level 3 survey?

At Dunham Hale Surveyors, we offer both RICS Level 2 Homebuyer Reports and RICS Level 3 Building Surveys. We believe in helping clients choose the right survey for their needs without any pressure. That said, it’s important to understand the differences so you can make an informed decision.

Key Limitations of a Level 2 Homebuyer Report:

  • – Only includes a basic guidance valuation, not a full detailed market valuation
  • Not recommended for properties over 40 years old, period properties, or those with visible defects
  • No repair cost estimates are included to help you budget for works
  • Limited negotiation value without costed defects, it’s harder to renegotiate the purchase price
  • Fewer photographs and limited visual documentation
  • Limited leasehold and freehold advice
  • Does not provide a full opinion on the overall property condition only highlights major concerns
  • May omit further investigation recommendations, potentially leaving hidden issues unchecked

In addition to the standard RICS Level 2 Homebuyer Report, we also offer add-ons for an additional fee, such as

Drone Surveys, RICS Redbook Valuations, Thermal Imaging Surveys and Reinstatement (Rebuild) Valuations.

An RICS Level 2 Homebuyer Report will highlight issues that you need to be aware of. Full advice as to the condition of elements of the property and its structural integrity will also be reported upon but these will not be as detailed as a RICS Level 3 Buildings Survey.

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