Choosing a level 2 or level 3 survey depends on the age, size and condition of the property, and this guide from IQSURV, a RICS regulated firm, explains the difference.
Deciding on a level 2 or level 3 survey
If you are unsure, describe the property to us and we can talk through the options. Older, larger or altered homes often benefit from the extra detail of a Level 3 Building Survey, while many conventional homes suit a Level 2.
Buying a home in London is a big commitment, and choosing the right survey is one of the easiest ways to protect it. The two surveys most buyers choose between are the RICS Level 2 Home Survey and the RICS Level 3 Building Survey. Here is how they differ and how to decide.
What is a RICS Level 2 Home Survey?
A Level 2 survey is designed for conventional properties that appear to be in reasonable condition. The surveyor inspects the accessible parts of the property and reports on its condition, using a simple traffic light rating so you can see at a glance what is fine, what needs attention and what is urgent. It also highlights issues such as damp, defects in the roof, walls and windows, and repairs you may want to budget for.
What is a RICS Level 3 Building Survey?
A Level 3 survey is a more detailed inspection. It is better suited to older properties, larger homes, buildings that have been altered or extended, or any property where you suspect there may be hidden problems. It goes into greater depth on the construction and condition of the building and the likely causes of defects, and it is often chosen by buyers planning major works.
How do you choose?
A Level 2 survey usually suits a modern or conventional home in good order. A Level 3 survey is usually the safer choice for a period property, a property with extensions or structural changes, a home that looks neglected, or one you plan to renovate. If you are unsure, it is worth speaking to a surveyor before you instruct anyone.
Why it matters in London
London has a wide mix of housing, from Victorian and Edwardian terraces to inter-war semis, converted flats and new builds. Older homes can hide problems such as damp, movement and outdated wiring or roofing that are expensive to fix after you have bought. An independent survey gives you the information to negotiate the price, ask for repairs or walk away.
Talk to IQSURV
IQSURV is a RICS regulated firm providing Level 2 and Level 3 surveys across London. If you are not sure which survey suits your purchase, get in touch and we will point you in the right direction.
Questions to ask your surveyor
Whatever your situation, it helps to ask what the work will cover, how long the report will take and how findings are explained. Ask whether a follow-up call is possible so you can talk through anything unclear. These simple questions make it easier to use the advice on level 2 or level 3 survey in practice, and they help you feel confident about the decisions that follow. Remember that a survey describes the visible condition of a property at the time of inspection, and your solicitor should advise on legal matters.
Next steps after reading about level 2 or level 3 survey
If this guide on level 2 or level 3 survey raises questions about your own property, you may find our guides on what a Level 2 report includes and using a survey to negotiate the price useful. The Royal Institution of Chartered Surveyors sets professional standards for the industry, and you can read more on the RICS website. To discuss your situation, get in touch or request a quote through our home page, or call 020 3780 5386.