Level 2 vs Level 3 survey: The short answer
If you are buying a conventional property built within the last 50 years that appears to be in reasonable condition, a Level 2 Survey is usually sufficient. If you are buying an older property (pre-1950), a listed building, a property of non-standard construction, or a home you plan to extensively renovate, you need a Level 3 Survey.
What is an RICS Level 2 Home Survey?
The RICS Level 2 Home Survey (previously known as a Homebuyer Report) is the most popular type of property survey. It is designed for standard properties in reasonable condition and provides a clear, concise overview of the property's condition using a straightforward traffic light rating system.
What does a Level 2 survey include?
- A visual inspection of the property inside and out.
- Identification of urgent defects and issues that need immediate attention (e.g., damp, subsidence).
- Checks for issues that do not comply with current building regulations.
- Advice on repairs and ongoing maintenance.
- A review of the roof space and accessible drainage.
What is an RICS Level 3 Building Survey?
A Level 3 Survey (formerly the Structural Survey) is a comprehensive, in-depth inspection. It is highly recommended for older, larger, or run-down properties, as well as those that have been extensively altered or are of non-standard construction.
What does a Level 3 survey include?
- A thorough analysis of the building's structure and fabric.
- Detailed advice on the specific cause of defects and the repairs required.
- Outlines the potential consequences if issues are ignored.
- Indicative costs for repairs (if agreed beforehand).
- Inspection of the sub-floor area (where safe access is available).
Key Differences at a Glance
The main difference between a Level 2 and Level 3 survey is the depth of the inspection and the level of detail in the report. A Level 2 report highlights that there is a problem; a Level 3 report explains what the problem is, what caused it, how to fix it, and what will happen if you don't.
Making Your Decision
If you're purchasing a modern home built in the 1990s or later in Hampshire, Surrey, or Berkshire, a Level 2 survey is typically sufficient. However, if you're eyeing a Victorian terrace in Farnham, a listed building in Winchester, or a property you plan to renovate extensively, the detailed insights of a Level 3 survey are indispensable.
Still unsure which survey is right for your property? Get an instant survey quote or call us on 01252 929125 to discuss your specific requirements.