Eastern EPC & Surveys have just introduced a new “Level 2” survey product called the Home Condition Survey (HCS). This product which has recently come to the market and is a derivative of the Home Condition Report (HCR) which was originally to be part of the HIP as a sellers survey. This report is now for purchasers and competes with the RICS HomeBuyer Report.
Whilst the content and style is similar to the HomeBuyer Report, the inspection is more detailed and closer to the Building Survey “Level 3” inspection. The product is administered by the Building Research Establishment (BRE) and SAVA. A Market Valuation is not included, and this maybe a negative point to those who may not be in need of a mortgage but still want to check the value before proceeding. However, as a result the product can be delivered at a lower price and should fit most pockets!