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Homebuyer Survey to Home Condition Report: Making the Change

Stephen Callaghan

  • Format: Book

  • Pages: 152

  • Publisher: RICS Books

  • Date Published: Feb 2006

  • Stock Code: 57147

  • Binding: Paperback

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Description

There are approximately 1.4 million house sales each year in England and Wales. Of these, only 1 in 5 currently commission any sort of survey on the property. Under new legislation, sellers will be able to offer a voluntary Home Condition Report (HCR) as part of the sale.

A lot has been written on the new HCR variously describing it as 'based on the RICS Homebuyer Survey' or dismissing it as a 'tick-box exercise' - both of which are highly misleading.

In this new book, Stephen Callaghan demonstrates the fundamental differences, and areas of similarity, between the two forms of survey report. By taking a case study property and conducting both an RICS Homebuyer Survey and a Home Condition Report on it, he guides the reader through annotated text to the important reporting differences that are required.

Further case study properties from different periods are presented with full HCRs conducted on them. Here, the author shows how the language, content and approach all differ from presently available mid-range surveys.

This book is a vital reference for all professionals seeking authoritative guidance on making the change to the HCR.

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