Martin Ralph Chartered Surveyors

New RICS HomeBuyer Report now adopted by Martin Ralph Chartered Surveyors.

A new survey report, designed to focus on the needs of the consumer with clear, simple and easy-to-follow information about the condition of a property, has been launched by RICS.

The HomeBuyer Report reflects changes in the home buying and selling process. It is concise and user-friendly, assisting the purchaser in their decision by reporting on a property’s condition, value, need for repairs and replacements, and what further advice is required before exchanging contracts.

Properties receive colour-coded condition ratings, based on the surveyor’s professional judgement on the state of repair of elements of the building. A green rating indicates no repairs are necessary, whilst red points to serious defects that require urgent attention, making the assessment more straightforward for the buyer.

Mr Lyness of Martin Ralph Chartered Surveyors based in Portsmouth stated ‘The HomeBuyer Report still details essential findings found in previous surveys, as well as highlighting issues for legal advisors, identifying risks and hazards of the property, such as structural movement, damp and timber defects - three major concerns that purchasers have, and providing the surveyor’s opinion of the current market value and insurance assessment.’