A conveyancing company has thrown its weight behind reforms to surveys outlined by the Royal Institution of Chartered Surveyors.
As Estate Agent Today reported earlier this week, RICS plans to introduce simpler language, more transparency and greater uniformity into surveys by using a new industry standard from next June.
The aim is to make surveys be recognised as essential to more buyers, and for them to be more understandable for those who receive them.
Now the move has received the backing of a major conveyancer - Convey Choice.
It says there is existing research at the RICS suggesting the public see current surveys as “dense, unreadable, poor value, confusing, full of caveats and lacking real detail on costs and deliverables for a homebuyer.”
Convey Choice has released a statement saying that any change to enhance survey reports that are vital to consumer process when purchasing a property will assist and drive consumer confidence in the purchasing cycle and enable them to feel secure in their purchase.
“The property market needs to continue to adapt and make these milestone changes to support the consumer and guide them through what could be the largest investment they will ever make” says the firm.
“Offering expert advice and products which meet a defined standard and are easy to understand, with clear guidance is refreshing and will ultimately deliver more credibility to the reports and the value they add.”
RICS says its proposals to change the guidelines will lead to better respected and understandable surveys, but will not change the overall difference between the basic Condition Report, the Homebuyer’s Report, or the Structural or Building Survey.
Here is our original story on the new RICS standard.