What is in this article?
- What is a Condition Report?
- Why do I need a Condition Report?
- What is included in a Condition Report?
- What are the Condition Report Condition Ratings?
- When would I need more than a Condition Report?
- The RICS's advice on the importance of getting a home survey
- Where do Allied Surveyors carry out Condition Reports?
- How do I get a Condition Report?
The Condition Report is a low-cost survey that provides a 'traffic light' rating of the physical condition of a property that can allow you to make an informed decision on if a house is worth buying.
The Condition Report is designed to be used on properties built using standard building materials that are considered to be in reasonable condition and is completed within a standard format as laid down by the Royal Institution of Chartered Surveyors (RICS).
All of our Condition Reports are conducted by experienced Chartered Surveyors who are regulated by the RICS, so you can be assured you are getting the best independent expert advice.
If you have an older property or have any special concerns, then we would recommend you consider the more in-depth HomeBuyer Report or Building Survey to ensure you get all the information you need.
A Condition Report may feel like just another unnecessary expense, but it can be an invaluable tool to help you understand a property.
Some of the benefits are:
- It can give you the peace of mind that any problems have been identified before you buy a property..
- It can give you the necessary information for negotiating a reduction in the price of the property.
- It can help you budget for any repairs that need to be carried out.
- It can help you agree with the house seller any repairs that need to be completed before you buy the property.
- It can identify any problems that may indicate that you should rethink the purchase of the property.
The Condition Report includes details of:
- Traffic light condition ratings for each different part of the building
- Results of damp test taken from the properties walls.
- Details of major faults in easy to get to parts of the property that may affect its value.
The RICS Condition Report has 3 condition ratings, these evaluate and describe the condition of each part of a property and show how seriously repairs are need.
The conditions are defined by RICS as:
- Condition Rating 1 – No repair currently needed.
- Condition Rating 2 – Defects that need repairing or replacing but are not considered to be serious or urgent.
- Condition Rating 3 – Defects that are serious and/or need to be repaired, replaced or investigated urgently.
Allied Surveyors carry out Condition Reports nationwide.
Our office specialises in the greater West Midlands area including; Birmingham, Coventry, Staffordshire and Redditch. We also cover Shropshire, Central Wales and the Welsh Border.
- Find out more about The areas we cover.
While a Condition Report offers everything you will need for a modern conventional property in reasonable condition, it focuses purely on the condition of the property and does not have the depth to investigate that a HomeBuyer Report offers.
- Background information on the property and location.
- A Valuation and Reinstatement cost.
- An assessment of any damp-proofing, drainage or insulation in the building. (Drains are not tested).
- An assessment of the condition of the building’s timbers and checking for woodworm or rot.
- Details of urgent problems which should receive specialist attention before signing a contract, e.g. subsidence.
- Detailed advice on necessary repairs to the property and an assessment of the ongoing maintenance.
- Details of any legal issues that may need to be addressed before the completion of your conveyancing.
If you are unsure about which Survey you should have performed read our guide to:
- Youtube - The importance of getting a home survey