Homebuyer's Survey

The surveyor looks for visible problems that are serious, dangerous or that could affect the property value. However, the structural integrity of the property is not examined in detail, nor are defects that are down to wear and tear.
 

The report will include an overview of required property maintenance and will give you an idea of whether repairs are needed, but it will not discuss the repair options and associated costs. The report also provides top-line guidance on environmental hazards and highlights issues that your legal advisor should look into.

 

HomeBuyer surveys can include a reinstatement cost for insurance purposes, and in addition a market valuation can be provided.

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Unlike the Full Building Survey report, the HomeBuyer survey report follows a set format. The report is straightforward and easy to follow, but it is not tailored to individual cases.

If your property is fairly new, conventionally built and appears to be in good condition, then industry guidelines recommend a HomeBuyer survey. If you are looking for something more in depth and tailored to your needs, you may want to consider a Full Building Survey.