Building Survey vs HomeBuyer Report: What’s the Difference?
If you’re buying a property, you’ve probably come across the terms HomeBuyer Report and Building Survey. But what do they mean, and how do you know which one is right for your situation?
Let’s explore the key differences so you can make an informed decision before purchasing your next home.
What Is a HomeBuyer Report?
A HomeBuyer Report, also known as a Level 2 RICS Survey, is suitable for:
- Newer homes
- Properties in good condition
- Conventional construction
This type of survey provides a general overview of the property’s condition and highlights any urgent issues such as damp, structural movement, or roof problems. It does not involve inspecting behind walls, under floors, or lifting carpets.
“A HomeBuyer Report gives you peace of mind on modern or well-maintained properties.”
— Gold Crest Chartered Surveyors
What Is a Building Survey?
A Building Survey, also referred to as a Level 3 RICS Survey, is the most comprehensive type of survey available. It’s best suited for:
- Older homes (typically 50+ years)
- Unusual or non-standard constructions
- Properties that have been extensively altered or renovated
- Homes in visibly poor condition
This detailed report provides a full analysis of the property’s structure and condition. It includes advice on defects, necessary repairs, maintenance concerns, and potential future issues.
“A Building Survey provides in-depth insights—ideal for period homes or properties with known issues.”
— Gold Crest Chartered Surveyors
Which Survey Should You Choose?
Choosing the right survey depends on several factors, including the property’s age, construction, condition, and whether it’s had any alterations. Here’s a simple breakdown to help guide your choice:
Choose a HomeBuyer Report if:
- The property is relatively new
- It appears to be in good condition
- You want a cost-effective option that covers the basics
Choose a Building Survey if:
- The property is older or historic
- There are visible signs of damage or deterioration
- You’re planning major renovations
- You want a more detailed and thorough analysis
If you’re unsure, our team at Gold Crest is always happy to advise based on the property you’re considering.
