The Homebuyer Survey & Valuation Report (HSV)

A Homebuyer Survey is not a detailed survey of every aspect of the property and focuses only on major and urgent matters. It’s not suitable for many properties that are more than 150 years old; those in need of renovation or that you are planning to alter/extend.

An HSV includes details of:

• The property’s general condition
• Any major faults, in accessible parts of the property, that may affect its value
• Urgent and significant matters that need assessing before exchanging contracts 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 drains are not tested)
• The recommended cost of re-constructing a building in the event of damage (such as fire) for insurance purposes. This is not the same as market value of the property
• The value of of the property on the open market