Level 2 Survey and Valuation in London

Best when you want the condition and an independent market value from one inspection.

A full RICS Level 2 Home Survey and a RICS Red Book market valuation, by the same RICS Registered Valuer.

Level 2 Survey and Valuation

from £799

Full fee, including all taxes and fees, for properties valued up to £500,000. Confirmed in writing before you instruct.

On site
Typically 2 to 3 hours
Report
Typically within 5 working days of the inspection

What you get

  • The full Level 2 report: a condition rating and a clear paragraph for each part of the property
  • An independent RICS Red Book market valuation
  • A reinstatement cost estimate for your buildings insurance, if you add it (from £399)
  • Advice on repairs and what to get quotes for before you exchange
  • A call with Joe to go through the report (weekday slots between 4pm and 6pm)

Not included

  • Opening up floors, walls or ceilings, or moving heavy furniture
  • Testing the electrics, gas, heating or drains: we tell you when a specialist test is needed
  • A lender's mortgage valuation: lenders usually appoint their own valuer

Is it right for your property?

A good fit

  • 1Buying without a lender valuation, but you want to know what it is worth
  • 1Refinancing or equity release
  • 1Executors who need the condition and the value
  • 1Staircasing or a shared ownership purchase

Choose another level if

  • You only need the condition report: Level 2
  • You only need a valuation: Valuations
  • Older, altered or defective property: add a valuation to a Level 3: Level 3

From one of our reports

The floors entry from a RICS Home Survey Level 3 Joe issued in June 2025, with the address and client removed. This entry is from a Level 3. A Level 2 entry gives the same condition rating, what we saw and what to do, more briefly.

E4 Floors

2

The ground floor comprises suspended timber flooring, with sections of solid floor construction to the entrance hall, kitchen, pantry and utility areas. Floor finishes include solid timber boards, vinyl, laminate, fitted carpets and older 9-inch tiles in the pantry; tiles of this type are typically associated with asbestos-containing materials, and we refer you to our comments on asbestos later in the report.

The floor finishes appear dated and show visible signs of wear. Because of the coverings, fixed finishes and furniture, much of the floor structure remains concealed, which limits the ability to draw meaningful conclusions about the condition of the underlying components.

A three-storey semi-detached house of solid brick, built in the early 1900s, in north west London. Read the full entry and four more

How the levels compare

All three follow the RICS Home Survey Standard and use the same condition ratings; the difference is how much the report explains.

Level 2, Level 2 Plus and Level 3 survey comparison
FeatureLevel 2from £649Level 2 Plusfrom £849Level 3from £895
Best forConventional houses and flats in reasonable conditionConverted, period or higher-value flats, and well-kept homes where you want more explanationOlder, larger, altered or unusual properties, or where you plan significant work
InspectionVisual inspection of the accessible parts of the propertyAs Level 2, with closer reporting on construction, insulation, ventilation and damp managementMore extensive inspection; hatches opened and loose floorboards lifted where permitted and safe
Report styleConcise: a condition rating and a clear paragraph for each elementLevel 2 content plus construction and context paragraphsDetailed: construction, condition, likely cause, repair options and implications
RICS condition ratings (1, 2, 3, NI)YesYesYes
Construction and context paragraphsNoYesYes
Defect cause and repair scopeSummary advice on repairs and maintenanceSummary advice on repairs and maintenanceLikely cause, repair options and priorities
Further investigation adviceYes, where neededYes, where neededYes, with what the investigation should cover
Market valuationAdd for £150 (from £799)Add for £150 (from £999)Add for £150 (from £1,045)
Reinstatement cost estimate (insurance)Available, from £399Available, from £399Available, from £399
Call with Joe to go through the report15 minutes30 minutes30 minutes
Pre-inspection call, labelled photo pack, measured floorplan (GIA)Not includedIncludedIncluded
Negotiation summary and tailored conveyancer questionsNot includedIncludedIncluded
Repair priority plan with indicative cost bandsNot includedIncluded (a guide only, not a quote)Repair priorities included; get contractor quotes for costs
Email follow-up questionsOne follow-up enquiry3 months3 months
Typical turnaround5 working days after inspection5 working days after inspection7 working days after inspection
Included in every survey
Written quoteThe full fee in writing before you instructThe full fee in writing before you instructThe full fee in writing before you instruct
PaymentPayment is required before the inspectionPayment is required before the inspectionPayment is required before the inspection
Sample reportSame ratings and layout, shorter entriesSame ratings and layout, shorter entriesRead the Level 3 sample

Questions

Something else? Call Joe

How is this different from a mortgage valuation?
A lender's mortgage valuation is for the lender, it confirms whether the property is adequate security for their loan. Our Level 2 + Valuation is for you, it combines a full condition survey with an independent RICS Red Book valuation, giving you both defect information and market value.
Can I use this for a mortgage application?
The valuation is prepared under RICS Red Book standards for the purpose and intended users agreed before instruction. Mortgage lenders commonly require their own panel valuer, so check with the lender first. This product is best where you want independent market value advice alongside your survey.
Is the valuation figure independent?
Yes. The valuation is prepared to RICS Red Book standards and is fully independent. It reflects our professional opinion of market value based on comparable evidence and the property's condition.
Does it include an insurance reinstatement cost figure?
Not as standard. A reinstatement cost estimate (the estimated cost to rebuild the property for buildings insurance) can be added when you instruct the survey and valuation, or ordered on its own, from £399 (including all taxes and fees). It helps you check your insurance cover is not too low (underinsured) or too high (overpaying premiums).
How long does the inspection take?
Typically 2 to 3 hours, the same as a standard Level 2 survey. The valuation assessment is conducted during the same visit, so there's no additional time on site.
What if I only need the valuation, not the survey?
We offer standalone RICS valuations for private, probate, matrimonial and shared ownership purposes. Contact us to discuss which service suits your needs.

Get a Level 2 Survey and Valuation quote

Usually within one business day, with the full fee and what the report covers.