| Feature | Basic Valuation | RICS Condition Report | RICS Homebuyer Survey | Building Survey* |
|---|---|---|---|---|
| A formal valuation of the property e.g during a matrimonial dispute or probate | X | |||
| Independent valuation to help you avoid overpaying for the property | X | X | ||
| Provides reinstatement cost for insurance purposes | X | X | X | |
| Identifies any problems that need urgent attention or require further investigation | X | X | X | |
| Can help you negotiate a better property price | X | X | X | |
| Helps avoid unexpected costly repairs after you move in | X | X | X | |
| Suitable when buying a conventional house, flat or bungalow, built from common building materials and in reasonable condition | X | X | X | |
| Identifies legal issues that need to be addressed before completing your purchase | X | X | X | |
| Identifies issues that need to be investigated to prevent serious damage or dangerous conditions. | X | X | X | |
| Establishes how the property is built, what materials are used and how these will perform in the future | X | |||
| Suitable for older properties or extensively modified buildings or one in need of modernisation | X | |||
| A more detailed visual inspection of a wider range of issues including a more thorough consideration of the roof space, ground floors and services | X |
* Building Surveys do not include a Market Valuation or Rebuilding Cost Estimate as they are often instructed in tandem with a mortgage lender’s Basic Valuation which will already contain these figures