What Is a RICS HomeBuyer Report (Level 2)?

A RICS HomeBuyer Report, also known as a Level 2 Home Survey, is one of the most popular property surveys for UK homebuyers. It provides a clear, professional overview of a property’s condition before you commit to purchase.

It goes far beyond a mortgage valuation, highlighting defects, risks, and potential repair costs that could otherwise come as expensive surprises after completion.

What Does a Level 2 Home Survey Include?

A RICS-qualified surveyor carries out a thorough visual inspection of accessible areas of the property.

The report typically covers

• Roof coverings, chimneys, gutters and drainage
• Internal walls, ceilings, floors, windows and doors
• Ventilation and visible insulation
• Signs of damp, mould, decay or movement
• Basic checks of electrics, plumbing and heating

Each element is graded using RICS’ traffic-light condition ratings, making it easy to understand what needs attention.

Should You Choose the Version With Valuation?

Many buyers opt for the HomeBuyer Report with valuation, which also includes:

• An independent market valuation
• An insurance reinstatement cost

This valuation works for you, not the lender, helping you confirm whether the agreed purchase price is fair.

When Is a Level 2 Survey Suitable?

A Level 2 HomeBuyer Report is best for:

• Homes built after 1900
• Standard brick-built properties
• Homes in reasonable condition
• Properties with no major structural alterations

If you’re buying an older or unusual property, a Level 3 Building Survey is usually more appropriate.

Why a HomeBuyer Report Is Worth It

A Level 2 survey can help you:

• Identify hidden defects like damp or roof leaks
• Avoid unexpected repair bills
• Plan future maintenance costs
• Renegotiate the purchase price if issues are found

For many buyers, it pays for itself many times over.

FAQs

Is a Level 2 survey worth it?

Yes. It can uncover defects that could cost thousands to repair.

How long does it take?

Usually between 1–3 hours, depending on property size.

Does it include a valuation?

Only if you choose the valuation option.