A Condition Report is the most basic RICS survey — a traffic-light overview of a property's condition with no repair advice. It is suitable only for new-build or near-new conventional properties. Here's what it covers, what it costs, and when (and when not) to use one.
| Feature | Level 1 Condition Report | Level 2 HomeBuyer | Level 3 Building Survey |
|---|---|---|---|
| Traffic-light ratings | ✅ | ✅ | ✅ |
| Repair advice | ❌ | ✅ | ✅ |
| Repair cost estimates | ❌ | ❌ | ✅ |
| Market valuation (optional) | ❌ | ✅ (add-on) | Add-on |
| Structural analysis | ❌ | Limited | ✅ Full |
| Typical cost | £300–£500 | £400–£700 | £600–£1,500 |
| Best for | New builds only | Modern, standard homes | Older / larger / unusual |
For a new build, most buyers opt for a professional snagging inspection rather than any RICS survey. A snagging inspection is specifically designed for new-build defects and costs £200–£600. A RICS Level 1 Condition Report is an alternative, but a snagging report provides more actionable detail for a new-build purchase.
A Condition Report is not a mortgage valuation and cannot be used in place of one. Your lender will commission their own mortgage valuation separately. However, a Condition Report does confirm the property's general state — which may satisfy some lenders' requirements for certain low-risk products.
By design — a Level 1 report is intended as a basic snapshot of condition for properties that are expected to be in good order. The assumption is that a new-build buyer needs confirmation that nothing is seriously wrong, rather than detailed repair guidance. For anything other than new builds, upgrade to Level 2 or Level 3.
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