RICS Full Building Survey
(with or without valuations)
Full Building Survey (Level Three)
This survey is more extensive than the level two survey. It consists of a detailed visual inspection of the building, its services and the grounds. Concealed areas normally opened or used by the occupiers are inspected if it is safe to do so (typical examples include roof spaces and underfloor areas). Although the services are not tested, they are observed in normal operation (ie. switched on and/or operated where appropriate).
The Report:
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Designed for large, older or unique properties, and for those in an obvious state of disrepair.
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Objectively describes the construction and materials used for different parts of the property.
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Describes the condition and provides an assessment of the relative importance of the defects/problems.
Additionally, It Should:
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Describe the identifiable risk of potential or hidden defects in areas not inspected
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Propose the most probable cause(s) of the defects based on the inspection
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Outline the likely scope of any appropriate remedial work and explain the likely consequences of non-repair
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Make general recommendations in respect of the priority and likely timescale for necessary work
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Identify and describe the legal implications of ownership in detail; and
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Give an indication of likely costs (this aspect would normally form part of the level three service, but some surveyors may choose to omit it. The terms and conditions must make this choice clear)
Features
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Describes the construction and condition of the property on the date of the inspection.
Aims to identify any problems that need urgent attention or are serious.
Aims to identify things that need to be investigated further to prevent serious damage.
Aims to tell you about problems that may be dangerous.
Aims to show up potential issues and defects, before any transaction takes place.
Aims to help you decide whether you need extra advice before committing to purchase
Aims to enable you to budget for any repairs or restoration.
Aims to advise you on the amount of ongoing maintenance required in the future.
Provides a reinstatement cost to help you avoid under or over-insurance.
Provides a market valuation.
Aims to establish how the property is built, what materials are used and how these will perform in the future.
Aims to describe visible defects, plus exposing potential problems posed by hidden defects.
Aims to outline the repair options and give you a repair timeline, whilst explaining the consequences of not acting.
Where practical and agreed, provides an estimate of costs for identified repairs.
Provides specific comments on energy efficiency.
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RICS Building Survey