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What Is A Home Report?
Home Reports are a necessary part of the current house-buying system in Scotland (now 10 years old), and may eventually reach England and Wales, but they provide very little real information instead passing off that responsibility to so-called ‘specialists’ even though the Home Report surveyor, seldom a Building Surveyor, more usually a valuation surveyor, should know better and be able to comment themselves on defects.
The level of the “Informed decisions” provided by that level of report depends on what was expected so, if you don’t expect much, you won’t be too disappointed. Yes, it provides lots of information but not of great use if you want to understand the property and obtain an assessment of its condition as it is mainly valuation surveyors (whose training is to analyse and measure the value of buildings or businesses and not determine defects) who carry out these surveys.
On their website, the RICS state …
“After initial misgivings, the new system has been embraced by the mainstream of the surveying profession and many selling agents, who now accept that Home Reports are working better than ever anticipated, allowing both buyers and sellers to make informed decisions.”
In my experience, these reports provide confusion and not clarity and the level of information is poor.
It is usually a matter of mitigating risk where the surveying company doesn’t want to provide an opinion in case they are held to account for it. Often, though, it is a matter of time=money and there is little scope for a large surveying firm to spend too much time on all the aspects of the Home Report documentation.
The Money Advice Centre provides some guidance on the types of surveys typically available to house purchasers.
Where Heritage and Design Ltd has the advantage is having much lower costs than larger companies so can translate the cost of an hour long Home Report (sometimes less) to provide an extremely detailed examination of every part of the property (where reasonably accessible – and even sometimes not-so-reasonably) whether it is below floors or in roof spaces.
Please note that we don’t carry out Home Reports and have no plans of doing so in the future however we can add value to Home Reports by providing detailed and pertinent information that will provide clarity and peace of mind for your purchase.
If you don’t specifically need a Home Report, but reassurance that your property isn’t about to fall down, then give us a call to arrange a survey.
Looking for answers following a home report survey ? Get in touch now to see how we can help – 07944 611844
DURIE HERITAGE
7B Perseverance Road
Leominster
Herefordshire
HR6 8QR
Phone: 07944 611844
Email: john@durieheritage.co.uk
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