Home Surveys Licences
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Members/regulated firms will need a licence or licences to produce a branded RICS Home Survey Report Level 1, 2 or 3.
Upon obtaining a licence number, members /regulated firms will be able to produce branded RICS regulated reports using RICS ProForms or from chosen organisations who are permitted to sell RICS templates.
Respected by buyers, sellers and property professionals, branded RICS home survey reports are used on a range of homes, from new apartments to older houses. A licence helps you stay prepared and offer your customers quality assured and compliant surveys for their needs.
RICS members/regulated firms are also permitted to produce bespoke Home Survey Reports without the RICS brand, but any form of this type must comply with the Home Survey Standard, in these instances there is no requirement to purchase a licence to do so.
What RICS Home Survey report options are available?
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Level 1 report
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Level 2 report
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Level 3 report
What is it used for?
- It provides a concise description of the property clearly showing what aspects of the property may need attention.
Includes
- Description of the RICS Home Survey Level 1
- Standard terms of engagement
- 'What to do now' information sheet
- RICS Home Surveys information sheet
- Access to a surveyor’s toolkit of supporting material to help deliver the new surveys and support members to ensure consistency in the high level of service they provide to consumers
Eligibility
To deliver the RICS Home Survey Level 1, you must be an AssocRICS, MRICS or FRICS member of RICS, with the appropriate surveying experience. See the RICS Home Survey Standard for more details.
Since the Level 1 report has no valuation element, you do not need to be a member of the RICS Valuer Registration Scheme. The RICS Home Survey Level 1 does not provide reinstatement costs or additional diagnosis of defects or offer advice for remedying defects.
Benefits
- Highlight your findings in a way that is easily understood by your clients with the traffic light condition ratings system
- Clear report structure
- Impartial assessment of a property from RICS
- Adheres to all RICS standards and ensures that maintains the benchmark for best practice
Copyright Benefits
- Right to deliver RICS Home Surveys branded reports
- Authority and awareness generated by RICS brand
- Consumer friendly, professionally designed report formats and supporting documents
Pricing
Options and Pricing
The regulatory functions of RICS relating to Standards and Professional Development are led and overseen by the Standards and Regulation Board (SRB).
Need help? Call us on 024 7686 8555 or email contactrics@rics.org