Level 2 vs Level 3 home survey
25/03/24
What is the difference between a Home Survey Level 1, a Home Survey Level 2 and a Home Survey Level 3?
Use our at-a-glance table to find out:
|
|
LEVEL 1 |
LEVEL 2(SURVEY ONLY) |
LEVEL 2(SURVEY AND VALUATION) |
LEVEL 3 |
Describes the construction and condition of the property on the date of the inspection. |
X |
X |
X |
X |
Aims to identify any problems that need urgent attention or are serious. |
X |
X |
X |
X |
Aims to identify things that need to be investigated further to prevent serious damage. |
X |
X |
X |
X |
Aims to tell you about problems that may be dangerous. |
X |
X |
X |
X |
Aims to show up potential issues and defects, before any transaction takes place. |
X |
X |
X |
X |
Aims to help you decide whether you need extra advice before committing to purchase. |
|
X |
X |
X |
Aims to enable you to budget for any repairs or restoration. |
|
X |
X |
X |
Aims to advise you on the amount of ongoing maintenance required in the future. |
|
X |
X |
X |
Provides a reinstatement cost to help you avoid under or over-insurance. |
|
|
X |
|
Provides a market valuation. |
|
|
X |
|
Aims to establish how the property is built, what materials are used and how these will perform in the future. |
|
|
|
X |
Aims to describe visible defects, plus exposing potential problems posed by hidden defects. |
|
|
|
X |
Aims to outline the repair options and give you a repair timeline, whilst explaining the consequences of not acting. |
|
|
|
X |
Where practical and agreed, provides an estimate of costs for identified repairs. |
|
|
|
X |
Provide specific comments on energy efficiency |
|
|
|
X |
We provide detailed Home Survey reports for our clients from our offices in Shropshire, Staffordshire and North and South Wales. As members of the RICS, we provide a service that is assured of meeting the very highest industry standards. If you’d like to find out more about how we can help you with a Home Survey, then contact us today.