The site visit itself is very similar for each report; but the report itself is very different. RICS Homebuyer’s Reports tend to be cheaper and more generic in its wording and will highlight investigations that are needed. The Full Building Survey is a much more detailed and in-depth and usually requires more investigation by the surveyor. The latter will also provide advice on structural defects and maintenance options for each of the issues uncovered throughout the visit. For these reasons, RICS ranks the quality standard of a Full Building Survey higher (level 3) than a Homebuyer’s report (level 2).
What is the difference between a Building survey and a Home Buyer’s Report?
27 Aug, 2021