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RICS level 2 Survey
Your questions about commercial property answered
What does a RICS Home Survey Level 2 include?
This survey involves a thorough visual inspection of all accessible parts of the property, providing a clear “traffic light” rating for the condition of various elements, along with advice on defects and maintenance.
Is a Level 2 survey suitable for an older house?
A Level 2 survey is typically recommended for conventional properties built after 1890 and in reasonable condition. For older or more complex properties, a Level 3 survey may be more appropriate.
What is the "traffic light" system in a Level 2 report?
The report uses a clear rating system: green (no repair needed), amber (defects needing repair or replacement but not urgent), and red (serious defects needing urgent attention or investigation).
How long does a RICS Home Survey Level 2 take?
The on-site inspection usually takes a few hours, depending on the size and complexity of the property. The report is typically delivered within a few working days afterwards.
Can I renegotiate the price after a Level 2 survey?
Yes, if the survey uncovers significant defects or unexpected issues, the report provides a strong basis for discussing these findings with the seller and potentially renegotiating the purchase price.
