A HomeBuyer Report focuses on matters that in the surveyor's opinion, may affect the value of the property if they are not addressed and includes the following information:
- The property's general condition. By applying condition ratings to elements of the building, the services and any garages and permanent outbuildings, the surveyor will tell you whether defects are serious or urgent.
- Any significant defects, in accessible parts of the property, which may affect its value
- Urgent and significant matters that need assessing before entering into exchanging contracts (or before making an offer in Scotland) including recommendations for any further specialist inspections
- Results of any testing of walls for dampness
- Comments on damage to timbers including woodworm or rot
- Comments on the existence and condition of damp-proofing, insulation and drainage (although the latter will not be tested)
- The market value of the property
- The recommended reinstatement cost for insurance purposes (the anticipated costs of re-constructing a building in the event of damage by an insured risk e.g. fire). This is not the same as the market value of the property
- What other advice you need to take before exchanging contracts
