In the UK, there are three different types of RICS surveys available - broken down into levels.

Each level of survey is differentiated by a number of things; what they look at, the detail and information provided and of course, how much they cost.

The type of survey you need will depend on various factors, including the age of the property, the condition of the building and its grounds, as well as whether or not it has had any extensive work carried out.

Here’s everything you need to know about the level one RICS survey and whether or not this is the survey for you.

So, what is a level one RICS survey?

Previously known as the ‘condition report’, the level one RICS survey is the most affordable survey available.

With this affordability, comes a basic - yet comprehensive survey of a property.

The level one RICS home survey is typically aimed at new homes that are made with common materials and are in a generally good condition.

If you’re looking to purchase a property that was built more than five to seven years ago, or has visible signs of damage, wear or extensive changes made to its original features, then we suggest a level one RICS survey may not be right for you. In this case, we would consider a level two or level three home survey.

What does a level one RICS survey include?

A level one RICS survey includes the following:

• Visual inspection of the property to assess general condition
• Summary of risks and obvious surface level issues
• ‘Traffic light’ ratings of the condition of various parts of the building and property as well as highlighting more specific issues

What does a level one RICS survey NOT include?

The level one RICS survey does not include the following:

• Property valuation
• Professional advice on the works, maintenance or repairs needed following the report
• Tests on building fabrics

The benefits of a level one RICS survey cost

As mentioned, level one RICS surveys are best suited to properties that are relatively new with no obvious signs of damage or wear.

Because of this, this makes this survey the most affordable. So, if you have a new-build home or if the property you are looking to purchase was built less than 5-7 years ago, then you can save yourself some money and opt for the level one RICS survey.

Although basic, the level one RICS survey is still comprehensive, covering everything you may need to know about a newer property.

With this being the least extensive survey, this means it is delivered in a quicker time frame of just a few days.

How much does a level one RICS survey cost?

A level one RICS survey is the most affordable of surveys, however each survey is tailored to individual properties, therefore the cost can vary slightly.

That’s everything you need to know about a level one RICS survey!

So, are you considering buying a newer home or property? Get in touch and contact our expert team today to arrange your level one RICS survey by emailing hello@btbsurveyors.com.