Sample Report - HSR

1 THE RICS. HOMEBUYER. S U R V E Y & V A L U A T I O N. Property: Clients: Inspected on: Inspected by: Home Survey Reports Puma House, Lower Woodhill Road, Bury BL8 1AA. The RICS HOMEBUYER Survey & Valuation is reproduced with the permission of The Royal Institution of Chartered Surveyors which owns the copyright. (Agreement No 10341A). Sample Report INTRODUCTION. Please note that this Report is solely for your use and your professional advisers', and no liability to anyone else is accepted. Should you not act upon specific, reasonable advice contained in the Report , no responsibility is accepted for the consequences. [Standard Terms of Engagement, Clause 6]. The Report has been prepared in line with the Description of the HOMEBUYER Service already provided (an additional copy is attached).

2 If any addition to the standard Service was agreed before the Inspection, this is confirmed at the foot of the last page. Objective The principal objective of the Report and Valuation is to assist you to: make a reasoned and informed judgement on whether or not to proceed with the purchase;. assess at what price it would be reasonable to purchase the Property;. be clear what decisions and actions should be taken: - in England and Wales before contracts are exchanged;. - in Scotland before concluding an offer to purchase. Content The general condition and particular features of the Property are covered, but the Report focuses on the matters which I judge to be urgent or significant. Urgent matters are defects judged to be an actual or developing threat to the fabric of the building; it will be advisable to have these put right as soon as possible after purchase (in some cases even before).

3 Significant matters are defined as matters which could reasonably be expected in negotiations over price to be reflected in the amount finally agreed. Matters assessed as not urgent or not significant are outside the scope of the HOMEBUYER Service, and are generally not reported. However, other matters (such as legal and safety considerations) may be reported where I judge this to be helpful and constructive. ACTION. OVERALL OPINION. If, after reading and considering all the information and advice in the Report , you decide to proceed with the purchase, then there are probably some things on which you should take action at once. Each such item is highlighted in the Report with the word ACTION and is also listed in Section F: Summary together with advice on what to do next.

4 Below are my conclusions, in brief, on whether or not this Property is a reasonable purchase at the agreed price, and on particular features which affect its present value and may affect its future resale. The opinion takes no account of factors outside the scope of the HOMEBUYER Service. It is hoped that this overall view will help you to keep in perspective the detailed facts and advice which follow. You are asked to bear in mind particularly that it can be misleading to treat individual matters in isolation. So that you may use this Report to best advantage in reaching your decision on whether or not to proceed with the purchase of this Property, you are most strongly advised to read and consider its contents as a whole.

5 The property is considered a reasonable proposition for purchase. Subject to our recommendations being undertaken and repaired to a satisfactory standard, then we cannot see any reason why there should be any special difficulties on resale under normal market conditions. B THE PROPERTY & LOCATION. This section covers the important general background information on the Property and its location, including amenities and features of the vicinity as well as any environment and other wider considerations. It also includes who appeared to be in occupation, the weather at the time of the Inspection, and any limitations on the Inspection. Please note that, throughout the Report , the principal features and parts of a property are given in the left-hand margin thus:- often followed by a list of supplementary items, such as: B1.

6 The Property Type & Age: The property is a mid terraced two / three storey house which we believe we believe was constructed in the 1890's. Construction: The property is of solid brick elevations beneath a pitched and hipped slate covered roof There is a solid basement floor and a suspended timber upper floors. Accommodation: Ground Floor: lounge, sitting room, kitchen/diner First Floor: Three bedrooms, bathroom with Second Floor: Two bedrooms Garages and Grounds: No garage. Small front garden and enclosed rear yard. B2. The Location The property fronts a pedestrianised communal front access path. The property is close Christies Hospital and to Withington centre where all local amenities are situated.

7 B3. Circumstances of the Inspection The property was occupied and furnished at the time of inspection. Fitted floor coverings prevented an inspection of floor surfaces where these were laid. The property was very cluttered particularly the cellar areas limiting our inspection. There was no access to the roof voids. The weather at the time of inspection was fine with preceding rainy periods. All descriptions within the Report are given as facing the front elevation of the property from outside. C THE BUILDING. Movement, timber defects and dampness are, in their various forms, the three greatest potential threats to the structure of a building. Where evidence is found of any of these conditions, advice is given on what action should be taken.

8 (Where a problem is judged to be serious, it might prove necessary for a separate, detailed examination to be undertaken - perhaps by specialists. For example, the foundations might have to be laid open to analyse the cause of some structural movement, or the full extent of timber defects might require further investigation.). C1. Movement The building has suffered from structural movement in the past as noted in the Structural Engineers reports provided by the vendor and carried out by Clancy Consulting. I have read these reports (5 over the past 12 years) and to summarise the movement to the front of the property is old and longstanding. The repair works specified to the drains have been carried out.

9 We are unsure if the lateral restraint at first floor level has been carried out and you should obtain confirmation in writing of these works prior to legal completion. C2. Timber Defects There was no inspection of the structural timbers within the roof space as we could not gain access. The cellar area was heavily boarded and cluttered hampering our inspection, we have recommended an inspection of the timbers and damp proof course by a member of the Property Care Association once these area have been cleared of debris. Those timbers we could inspect were free from defect. C3. Dampness Damp Proof Course: We could not detect a damp proof course to the exterior of the property. The internal floor levels were an adequate height above the external ground level.

10 Rising and Penetrating Damp: An inspection of the ground floor walls was made and these were tested in a number of places with an electronic moisture meter. There were some abnormal moisture readings recorded in the walls to the rear of the property particularly the rear sitting room ACTION: A timber and damp proofing company who are members of the Property Care Association (PCA) should be asked to inspect the property and comment on any remedial works. This may involve some internal replastering to damp affected areas. Please also see section F1. C4. Condensation and Insulation Condensation will be experienced in areas where water vapour is produced kitchen and bathroom. There did not appear to be any undue condensation problems but if upon occupation condensation is found to be significant and unacceptable additional mechanical extraction in the form of extractor fans could be provided to these areas.