When you’re buying a home, it’s easy to fall for first impressions – stylish interiors, well-kept gardens, or a kitchen that looks brand new. But underneath the surface, there could be costly problems that aren’t obvious during a viewing. That’s when it pays to have a Homebuyer Report on your side.
A Homebuyer Report, sometimes called a home buyers survey, helps you understand the true condition of the property before you exchange contracts. It highlights any serious defects, gives you peace of mind, and could even save you money in the long run.
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What is a homebuyer report
A homebuyer report (also known as a homebuyer’s report survey) is a mid-level inspection carried out by a RICS-registered surveyor. It’s suitable for properties built after 1930 that are of standard construction and appear to be in reasonable condition.
The survey includes:
- A visual check of the property’s structure
- Identification of any issues with damp, timber, or movement
- Comments on drainage, insulation, windows, and roofing
- A professional homebuyer valuation
- An insurance rebuild cost
- A traffic light rating system to show urgency of any issues
Unlike a basic mortgage valuation, which is carried out for your lender, a Homebuyer Report is designed to protect you as the buyer.
Why is it worth getting?
A home buyers survey is one of the most effective ways to avoid nasty surprises after you move in. It gives you:
- A clearer picture of what you’re buying
- The ability to budget for repairs
- Evidence to renegotiate the price if problems are uncovered
- Confidence to proceed, or walk away if necessary
It’s not a legal requirement, but it’s a smart investment, especially when dealing with older properties or homes you suspect may have hidden issues.
Related: First time home buyer: What to do before completion?
How much does a homebuyer report cost in 2025?
Homebuyers survey cost ranges between £400 and £1,000, depending on the size, location, and value of the property.
Here’s a breakdown of typical pricing:
|
Property Value |
Homebuyers Report Cost |
| Up to £250,000 | £400 – £500 |
| £250,000 – £500,000 | £500 – £700 |
| £500,000 – £750,000 | £700 – £900 |
| Over £750,000 | £900 – £1,000+ |
This is separate from your lender’s mortgage valuation, which may also carry a fee. But when you weigh the homebuyers report cost against the potential savings in post-purchase repairs, it becomes a sensible choice for most buyers.
Is a homebuyer report the right option for you?
A Homebuyer Report is typically best suited to:
- Homes built after 1930
- Properties of standard construction (brick, tile, etc.)
- Flats or leasehold properties
- Homes that appear in good condition with no major alterations
If you’re buying an older or heavily modified property, or one in poor condition, a full Building Survey (Level 3) may be more appropriate. But for most standard purchases, the homebuyers survey price offers a good balance of cost and insight.
Related: How to fill out a fixtures and fittings form
What happens after the report?
Once the surveyor has completed the inspection, you’ll receive the report within a few days. This will detail any issues that were found, including:
- Structural movement
- Damp, leaks or drainage issues
- Roof or window concerns
- Ventilation or insulation shortcomings
- Estimated repair costs
The report also includes a market-based homebuyer valuation and a rebuild figure for insurance purposes.
Depending on the findings, you might choose to:
- Renegotiate the price
- Ask the seller to carry out repairs
- Seek specialist advice (e.g. for damp, electrics or roofing)
- Proceed with the purchase fully informed
Related: What problems do surveyors look for?
A small cost for major reassurance
In a competitive market, it’s tempting to move quickly and skip optional steps. But the cost of a home buyers report is modest compared to the potential risks of buying a home with hidden issues.
It gives you clarity. It can strengthen your negotiating position. And in many cases, it allows you to plan for any future maintenance, rather than being caught off guard later.
Make a confident move
Buying a property isn’t just about location and layout. It’s about knowing what you’re stepping into. A Homebuyer Report gives you that knowledge in a clear, professional format, so you can make the right decision with confidence.
If you have questions or need a bit of guidance, your local Ellis & Co branch is always happy to help.
*Costs are a general guide only and not guaranteed, as they can vary depending on the property and provider.
