ISA HomeSurvey Reports
The HomeSurvey report is a standard format designed by the ISA (Independent Surveyors Association) as an economy service, intended to indicate where defects may exist and suggest where further investigation is required prior to purchase. This is an alternative format to the RICS HomeBuyer report and covers the same areas.
It is intended only for particular types of property:-
- Post 1919 Houses, bungalows and flats
- Conventional in type or construction, small extensions only
- Apparently in reasonable condition
- Maximum of 4 bedrooms or 200m2 floor area
It focuses on essentials:-
- Items which are urgent or significant and may have an effect on the value of a Property
- It is a purely visual non-destructive inspection, services are inspected but not tested
- It gives ACTION points in the text and a summary of action and other key considerations
- It includes an open market valuation
- It includes advice on buildings insurance reinstatement cost
- It is a concise report covering the building inside and out
- Matters which are judged not urgent or significant are not included, but the surveyor will mention matters judged to be helpful and constructive
Its main objective is to assist the client to:-
- Make a reasoned and informed judgement on whether or not to proceed with the purchase
- Assess whether or not the property is a reasonable purchase at the agreed price
- Be clear what decisions and actions should be taken before contracts are exchanged
- The surveyor also gives a professional opinion on the particular features of the property which affect its present value and may affect its future value
Cost
The fee for a HomeBuyer Report varies according to the agreed price starting from £245.00 inclusive.
Please contact Hepburn & Associates on 01622 833308 or Email: bhepburn@tiscali.co.uk and we will be happy to discuss your requirements and advise on fees etc. We will then contact your in writing detailing the agreed fee, the service required and the formal Conditions of Engagement. This is purely a quotation and to enable us to proceed you will need to complete the Confirmation of Instruction form included and return it to us in the pre-paid reply envelope.
Hepburn & Associates is an independent firm of Chartered Building Surveyors and we always aim to be competitive on the fees charged. We are always open to negotiation to secure your instruction. We are not VAT registered which means more cost savings for you!
Payment accepted by cheque, Debit/Credit Card or Bank Transfer (Ask for details).