Homebuyer Report (Level 2)

RICS Homebuyer Report (Level 2 Survey)

The Homebuyer Report is designed to give an overall opinion on the condition of the property and is presented in an easy to understand traffic light style format. Each section of the report gives a condition rating of red, amber or green. Red means the surveyor recommends further action, amber means attention may be required, and green means everything is okay. 

Why have a Homebuyer Report?

The Royal Institution of Chartered Surveyors (RICS) say that Homebuyer Reports are necessary as they help people to:  

  • Make a reasoned and informed judgement on whether or not to proceed with the purchase. 
  • Assess whether or not the property is a reasonable purchase at the agreed price. 
  • Make clear what decisions and actions should be taken before contracts are exchanged. 

Want to know how the Homebuyer Report is carried out?
Please click here to read our blog post

How much does a Homebuyer Report cost?

To find out how much a Homebuyer Report would be for you – visit our Quote page. 

Do Marwood Surveyors provide a property valuation along with the Homebuyer Report?

Marwood Surveyors give you the freedom to choose whether or not you want a valuation with your Homebuyer Report. 

This is more cost effective for clients who are taking up a mortgage agreement, and therefore do not require an additional valuation on the property they are purchasing. For more in-depth information about this particular report, please see our blog here

After providing you with your Homebuyer Report, we will check if you have any further questions. If so, we will then follow-up with a post-survey consultation which allows you to discuss any concerns that you may have about the property, such as its condition or purchase price.