RICS Home Survey 1
RICS Level 1 Survey: Condition Report
A Simple, Affordable Way to Understand Your Property Condition
If you are buying or selling a property and need a straightforward, professional evaluation, the RICS Level 1 Survey, also known as a Condition Report, is the perfect choice. This survey provides a clear and concise overview of the property condition, helping you make informed decisions with peace of mind.
What is an RICS Level 1 Survey?
What Does the RICS Level 1 Survey Cover?
A RICS Level 1 Survey includes:
Property Condition
This type of survey gives you a quick look at how the property is holding up overall. It will highlight any obvious problems that could impact the value or safety, giving you a better idea of its condition without overwhelming you with details.
Urgent Defects
If there are any major issues that need attention right away, like damp or structural damage, this section will flag them. It helps you spot any serious problems early on, so you know what to focus on.
Structural Movement
The survey will check for any signs that the building is shifting, like cracks or uneven floors. If anything looks off, it could point to bigger issues like subsidence that might need further inspection.
Dampness
Damp is something many properties struggle with, and this section will call it out if it is present. Whether it is obvious or not, this part of the report will help you figure out if dampness is something you need to look into further.
Timber Defects
This section looks for any damage to timber, such as rot or infestations. These issues can really affect the structure of the property, so spotting them early is key to keeping everything in good shape.
Condition Ratings
Inspection:
What It Does Not Cover:
- No Specialist Testing: It does not involve in-depth testing of services like gas, electricity, or drainage systems.
- No Detailed Structural Analysis: It does not include a comprehensive analysis of structural integrity.
- No Valuation: The Level 1 Survey focuses solely on the condition of the property and does not include a valuation or insurance assessment.
Valuation Section
An important part of the RICS Level 2 Survey is the inclusion of a professional valuation. This valuation provides an estimate of the market value of the property based on current market conditions and comparable properties in the area. It also includes:
- Market Value: An estimate of the property’s value at the time of the survey.
- Insurance Rebuild Cost: The estimated cost of rebuilding the property in the event of total destruction.
The valuation helps in making informed decisions regarding:
- Purchase Price: Ensuring you pay a fair price for the property.
- Insurance Needs: Determining the appropriate level of insurance coverage.
- Investment Analysis: Assessing the potential return on investment for the property.
Who Should Consider an RICS Level 1 Survey?
This survey is ideal for:
- Buyers: Ideal for modern homes or properties that appear to be in good condition, offering an affordable option for a basic condition check.
- Sellers: Use it to provide potential buyers with an official report on the property condition, boosting buyer confidence.
- Homeowners: Understand your property current state without needing a full structural survey.
Benefits of an RICS Level 1 Survey
- Affordable and Efficient: A cost-effective option for properties that do not require a more detailed inspection.
- Peace of Mind: Gain a clear overview of the property condition, identifying any urgent repairs.
- Straightforward Reporting: Clear, easy-to-understand reports that highlight areas of concern without overwhelming detail.
The Survey Process
- Initial Consultation: Discuss your needs and provide details about the property.
- Survey Inspection: A qualified RICS surveyor conducts a thorough inspection of the property.
- Report Compilation: The surveyor compiles the findings into a clear, easy-to-understand report.
- Valuation:The report includes a professional valuation of the property.
- Follow-Up:Discuss the report with your surveyor to clarify any points and plan any necessary actions.
Why Choose Us for Your RICS Level 2 Survey?
Experienced Surveyors
Our team is comprised of qualified RICS surveyors with extensive experience.
Comprehensive Reports
We provide detailed, easy-to-understand reports.
Accurate Valuations
Our valuations are based on thorough market analysis and expertise.
Customer Support
We offer follow-up consultations to discuss the report findings.
Competitive Pricing
Affordable rates without compromising on quality.
Our Survey Process
Initial
Consultation
Discuss your needs and provide details about the property.
Survey
Inspection
A qualified RICS surveyor
conducts a thorough inspection of the property.
Report
Compilation
The surveyor compiles the findings into aclear, easy-to-understand report.
Our
Valuation
Get a clear, expert valuation based on the survey findings.
Our
Follow-Up
Discuss the report with your surveyor to clarify any points and plan.
Our Survey Process
Initial
Consultation
Discuss your needs and provide details about the property.
Survey
Inspection
Report
Compilation
Our
Valuation
Our
Follow-Up
Why choose us For your RICS level 2 survey?
Experienced
Surveyors
Our team is comprised of qualified RICS surveyors with extensive experience.
Comprehensive
Reports
We provide detailed, easy-to-understand reports.
Accurate Valuations
Our valuations are based on thorough market analysis and expertise.
Customer Support
We offer follow-up consultations to discuss the report findings.
Competitive Pricing
Affordable rates without compromising on quality.
Why Choose Crown Survey & Valuation?
At Crown Survey & Valuation, we are RICS-accredited professionals with extensive experience in residential surveys. Our surveys are thorough, efficient, and designed to give you exactly what you need to make an informed decision.
Qualified
Experts
Fast
Turnaround
We provide detailed, easy-to-understand reports.
Transparent
Pricing
Our valuations are based on thorough market analysis and expertise.