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Financial  Glossary of Finance Terms

Financial Glossary of
Finance Terms

Home Buyers Survey

RICS(Royal Institution of Chartered Surveyors) Homebuyer Survey and Valuation (sometimes referred to as ‘HSV’ or a ‘Homebuyer’ report) is the leading survey form presently available in the residential home buying market. It’s been around for nearly twenty years in various designs, and has built a reputation for delivering a clear, comprehensive report for home buyers at an affordable price – with the authority of having been delivered by a fully qualified surveyor member of RICS.

The HSV is pitched above a standard Mortgage Lender’s Valuation Report, but below a bespoke and in-depth full Building Survey. It’s designed to be a mid-range inspection that offers a guide on value and highlights areas of urgent repair to home buyers. The report provides a valuation, a rebuilding cost (drawn from BCIS data) and spotlights issues that may affect the value of the property.


 

 

 

 

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