Home Survey Standard

The RICS home survey consultation is to make sure that any home survey undertaken by RICS members is delivered to the highest professional standards, providing confidence to the consumer. Proposed changes will make the process and language easier to understand, ensuring technicalities are explained, and the process overall will be easier to navigate.

We need industry and consumer input to make the process of buying a home, or selling one, fit the needs of all parties. RICS will also be looking to produce consumer information documents when the standard launches and feedback will help us target these to those areas in which these are most required.

The proposals to update the home survey standards will result in a series of new mandatory requirements for RICS members, acting as benchmarks, to ensure that home survey services are carried out to the highest standards, so consumers can be confident they get a survey to fit their needs. The proposed changes cover residential surveys at all levels.

Additional info for RICS professionals:

The purpose of this professional statement is to:

  • establish a clear framework to maintain consistent quality standards for residential property survey services that RICS members and regulated firms provide
  • provide mandatory requirements for RICS members and regulated firms in the UK who deliver residential property surveys at all levels
  • replace and update previous RICS publications that relate to residential surveys – for example consumer guides

The professional statement consultation covers condition-based residential surveys at all service levels. Where RICS members or RICS regulated firms wish to incorporate a property valuation into their service, the valuation must be in accordance with RICS Valuation – Global Standards 2017 and RICS Valuation – Global Standards: UK national supplement 2018.

Residential surveys in Scotland: The home buying and selling process in Scotland is governed by a unique legal process. The single survey is a prescribed document in Scottish legislation and as such it cannot be varied. Consequently, certain elements of this professional statement do not apply to the Home Report.

To support the new standard, RICS will be producing practical tools and consumer information for members delivering home survey services.

Please respond to the standard consultation by responding directly on the platform here and/or completing our questionnaires.

Comment directly on the iConsult platform by clicking here.

Please complete the appropriate questionnaire:

Industry Questionnaire 
Please answer this questionnaire if you are an RICS Member, RICS Regulated Firm and/ or work in the residential property industry.

Public Questionnaire
These questions are aimed at the end user - somebody who has commissioned or is looking to commission a home survey for the purchase/ sale of a residential property.

iConsult copyright notice:

In using the iConsult web-space you agree to license RICS and its group companies to reproduce in any format and at any place worldwide the contents of any posted material for any business purpose in perpetuity.

Commenting effectively:

When commenting on this RICS consultation draft, please make sure you:

Comment only on the individual section to which your comment refers, rather than inserting all comments into one section. As responses are collated through an automated system, this will help us to present all comments to the working group in chronological order avoid leaving comments that do not reflect a point of view (e.g. inserting 'okay' across a number of sections); and keep comments as brief and to the point as possible.

If you require further assistance or information please contact Ellie Scott (escott@rics.org)

This consultation will close on 29th July 2019.

You can respond to this consultation

Timeline

  • Opened
    29 Apr 2019 at 00:00
  • Closes
    29 Jul 2019 at 23:59
  • Response to be published

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