Home Condition Reports
A Home Condition Report contains information about the physical condition of a property, which sellers, buyers and lenders will be able to rely on legally as an accurate report.
It is similar to a Homebuyer Survey and can let the seller and buyer be aware of any works or repairs that are needed to the property.
The report:
• must be carried out by a certificated Home Inspector
• must be written in plain English and not include technical jargon
• gives you comprehensive information on work or repairs needed to the property, reducing the chance of nasty surprises later on
The original intention was for them to be a mandatory from the outset, but the Government announced in July 2006 that they would be replaced as a mandatory element by an Energy Efficiency Report for every home for sale in England and Wales.
Like the HCR, the EER will be prepared by a new type of professional person called a Home Inspector. He may well be a chartered surveyor but not necessarily so. Either way he will be trained and accredited and carry Professional Insurance cover to prescribed levels