The Home Survey report has been designed by the Independent Surveyors' and Valuers Association to include:-
Comments on the internal and external condition of the property (including an overview of the service installations).
Comments on any major defects or other shortcomings likely to affect your decision to purchase the property.
Comments on the overall condition of any permanent outbuildings and in relation to the site.
Any particular points or issues that you should refer to your legal adviser.
An opinion of the Market Value of the property, if required by the client, for the purpose of negotiating the final purchase price.
The estimated rebuilding (or "reinstatement") cost of the property for insurance purposes, if required.
The information is provided in a simple and straightforward layout, which is easy to read and understand. The report is based on a visual inspection of as much of the interior and exterior of the building as is reasonably and safely accessible.
A full description of the service is given in the Terms of Engagement leaflet, which your surveyor will provide.
This type of report is suitable for most conventionally built residential properties, constructed since around 1900. Properties that are unusual by virtue of their design or construction, or those that are particularly large might require a more detailed report, such as a Building Survey. Your surveyor will advise you further in this respect, during the preliminary discussion.
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