The Royal Institution of Chartered Surveyors has launched a six-week public consultation on updates to its key home survey commonplace.
The Rics survey was developed to help consistency, increase requirements, and ship public confidence within the residential survey market. It was launched in 2021 after being drafted two years earlier.
The surveyors’ physique says that over 325 of its members have given their suggestions on the effectiveness of the present commonplace, in addition to solutions for enchancment.
At the identical time, a survey of greater than 1,400 householders was carried out to seize public views round home surveys.
Rics says that the “findings from each surveys have knowledgeable the draft of an up to date commonplace”.
The physique provides: “A separate consultation can even discover curiosity within the potential improvement of a home survey regulation scheme, geared toward additional supporting public belief {and professional} consistency available in the market.”
“While the consultations are operating on the identical time and concern home surveys, they’re essentially separate from one another. Insights shared on the regulatory scheme is not going to affect the up to date commonplace, and vice versa.”
Both consultations are actually open and can run for six weeks.
Chair of the Expert Group Gary Epps says: “The Rics home survey commonplace is a key doc underpinning client confidence {and professional} follow within the residential market.
“This update displays our dedication to sustaining finest follow, adapting to market developments, and listening to the views of members and customers alike.”
