Formerly known as a Homebuyers Report, a RICS Home Survey Level 2 is a form of property inspection that helps to identify major concerns and defects with the building. This survey can be used by both buyers and sellers to inform them of any concerns, however, it is arguably near essential for sellers to request before undertaking a home sale. In this article from Viking Surveyors, you can find out everything you need to know about home surveys for those wanting to sell a property.
Why Choose a Level 2 Home Survey
If you’re considering selling your home, there are several reasons you should consider employing the services of chartered surveyors for a RICS Home Survey Level 2. From identifying defects to providing advice, these surveys can help to set you up for a successful sale. In this section, you can learn why this survey in particular can be beneficial for you before selling your home.
Thorough and Informative
There are multiple different types of home surveys, offering homeowners options when they are looking to sell their property. Generally, RICS Home Survey Level 2 inspections are fantastic for most modern properties under 50 years old, detailing thoroughly the important parts of a property. While not as comprehensive as a RICS Home Survey Level 3, these property inspections generally provide you with all of the important information you need to know about your home before beginning the sale.
Learn What Might Impact Likelihood of Sale
Before selling your property, it can be helpful to know what might be impacting your chances of a successful sale. A RICS Home Survey Level 2 will help you know more about your property, as well as its likelihood of being sold alone. Many prospective buyers will look out specifically for properties that require minimal repairs and adjustments, particularly if they want to move home urgently.
Improve Negotiation
If you have improved your property following the findings of a surveyor, often this can make your property more desirable and attractive to potential buyers. This is because there is less work for them to do upon moving in, making it easier for you to negotiate on price.
What Happens in a House Inspection
A RICS Home Survey Level 2 is wonderful for telling you what issues are in your property, preparing you to help you successfully sell your home. These surveys are generally for buildings made from common materials that are in a reasonable condition, meaning they can be used to survey a large number of homes in the UK. In this section, you can learn more about what happens during your survey and what it might tell you.
Background Information
While you might think you know everything about your home, you might discover new things about it with a RICS Home Survey Level 2. Your surveyor may uncover important information regarding your property’s history, from previous construction to previous problems that have been addressed.
Identifying Issues
Getting information about the health of your home is vital to correcting existing issues. After a professional house inspection, you should receive information about the property concerns. These may vary from mild to urgent, helping you to understand which issues are likely to be pressing.
Giving Advice
Unlike more simple forms of home surveys, a RICS Home Survey Level 2 should come with advice and ideas for how to address issues within your home. This can include ways to address the concerns within your home, such as structural issues, helping you to prepare it for sale or deal with these issues in the future.
Optional Valuation
In addition to the key elements of a RICS Home Survey Level 2, you may be given the option of a valuation. Receiving a market valuation can give you an accurate idea of the amount your home is worth, helping you to plan for a sale more effectively. A valuation could also help you understand what may be impacting its current value, for example, concerns around the property.
If an Issue is Discovered
While some property surveys may come back with no issues, there are some things to consider if it does come back with disappointing results. While they may seem worrying in the moment, a RICS Home Survey Level 2 should include advice and recommendations that help you to prepare. In this section, you’ll discover your main options for selling after the discovery of a home concern.
Market the Property Anyway
In some cases, it might not be worth trying to carry out repairs yourself. Repairs can be costly and feel far from worthwhile if you’re planning on investing funds into your new home. Instead of carrying out repairs, you can inform any potential buyers of the existing issues, allowing them to choose whether they invest in your property.
Make the Information Known to Your Buyer
In some cases, it’s best to prepare any buyers for the costs of any issues beforehand. By getting an accurate idea of how much the repairs will cost, you can let your potential buyers get a good sense of the actual costs they’re likely to need to spend.
Pay for Repairs and Then Market the Property
Adjusting and correcting your property to address the concerns that have been raised in your home survey can be a great way to improve the value of your property as well as its likelihood of sale. Some homeowners choose to deal with the repairs themselves after a report, particularly if repairs are extensive or urgent. This can increase the chance of it selling, as the new homeowners will need to do less work themselves.
Trusted Chartered Surveyors
Viking Surveyors are chartered surveyors, trusted all over the UK for our services. We can offer you effective and thorough house inspections, helping you to understand more about your property before you sell it. Our services are available in many locations across the nation, from the London area to Cambridgeshire. Read on to find out more about us and what we can do for you.
RICS Home Survey Level 2
If you’re concerned about your property and how successful you might be during the selling process, a RICS Home Survey Level 2 could be perfect for you. At Viking Surveyors, we offer specialist services which can help you to learn about the problems in your home and how to address them quickly. Our surveys will also help you to determine how desirable your property is to potential buyers, giving you a realistic idea of how successful you might be in selling your home.
Other Surveys
Feeling unsure of whether a RICS Home Survey Level 2 is right for you? Our experts can help you to determine which survey you might need, guiding you through the process and helping you discover the potential defects within your property at the right price point. From structural inspections to Specific Defect Surveys, we offer a wide range of support for homeowners and potential buyers alike at Viking Surveyors.
Contact Us
Interested in learning more about your home before selling? Our experts at Viking Surveyors are here to help. Please visit our website to learn more about us and why you should choose our services. Alternatively, for further information and support, please get in touch with our team directly.
Comments