Austin Energy Services
Energy Consultants
HOME CONDITION REPORTS
Home Condition Reports are a new format survey document initially introduced as part of the Housing Act reform introducing HIP’s. The HCR is a level 2 survey report pitched at a similar level as the RICS Homebuyers Survey.
The Home Condition Report (HCR) contains information about the physical condition of the property. Sellers, buyers and lending institutions will be able to rely on the report.
The report does not contain a valuation of the property. It provides a simple method of condition ratings, each element of the property, for example the roof, walls, ceilings etc., will be thoroughly examined and given a rating. This is assessed on a four point scale:
Condition rating:
1. Indicates either no defect present or if the works are very minimal and could be classed as normal maintenance
2. Indicates that repairs are required but the home inspector does not consider these to be serious or urgent
3. Is applied if urgent works are required or further investigation is required
NI Not Inspected
The report also contains other essential information including highlighting any health and safety risks, environmental concerns and provides a reinstatement cost figure, which can be used for insuring your property in the event of maximum loss.
The Home Inspection (Survey) can only be conducted by a Qualified and Accredited Home Inspector who will have passed the Diploma in Home Inspections (Equivalent to Degree Level). We are part of the SAVA Certification Scheme and are licensed and qualified to conduct HCR’s.
The HCR is becoming widely used outside of the HIP legislation for people who are looking for a Homebuyers Survey with the extras. No other standard Survey report provides an Energy Performance Certificate and reinstatement assessment as standard making the HCR exceptional for quality and value. The HCR cost is based on the size of property being inspected and is generally cheaper than a standard Building Survey.
PRICE GUIDE
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