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These are also known as
the RICS Homebuyer Survey and Valuation or HSV.
The report provides the
Surveyors opinion of those matters which are urgent or significant and
need action or evaluation by the client.
It includes urgent repairs for which the client should obtain quotations
prior to exchange of contracts. These can include gas leaks or defective
chimney stacks for example. Matters not considered significant or urgent
are outside the scope of an HSV and will not be reported although
Surveyors sometimes give useful advice within the report on other aspects
noted during the inspection.
The Report is usually in a standard format and will include a Valuation
and Reinstatement cost for Building Insurance purposes. The HSV is mainly
suitable for houses of conventional design without major alterations or
extensions. Older properties or those which have been altered or extended
are more suited to a Building Survey. The Surveyor, if appointed, will
advise you by letter of the exact terms and conditions applicable to a
Homebuyer Report.
For more information please contact
Viv Williams,
Tel: 01872 272722.
info@lodgeandthomas.co.uk
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