What is RICS?
The Royal Institution of Chartered Surveyors (RICS) is the official body of property professionals. They issue and monitor the highest global standards that their members must adhere to in land, property, infrastructure and construction professions. All Compare My Move's surveying partners are RICS accredited. They have invaluable experience to help when you're buying a house.
We have created this guide to highlight the importance of using a RICS surveyor as well as the many benefits that come with using a RICS member. We have also highlighted our own verification process so that you know you’ll be connected with a professional and dependable surveying partner.
Why It's Important to Use a RICS Surveyor
RICS is the internationally foremost qualification in property and construction. It will guarantee your surveying experience to be one of a highly professional standard, performed by trustworthy and highly-qualified members.
Using a chartered surveyor is vital if you want an accurate opinion on the property you're buying. RICS members are fully qualified in every aspect of property matters and are bound to the high standards that RICS set to maintain a trustworthy service. Whether your surveyor is at AssocRICS, FRICS or MRICS level, they will be a reliable and qualified professional with your best interest being their priority.
Members must follow the ‘RICS Rules of Conduct’ that ensures you’re fully covered with professional indemnity insurance, something that not every surveyor may be able to offer. This ensures that you’re fully protected throughout the process. This will give you complete confidence in the standard of your surveyor.
In the long run, your RICS surveyor will offer their guidance and support to help you save money on your property. This is something that other surveyors may not be able to fulfil. As we cover in our guide to dealing with bad survey results, it's certainly worth only working with the best surveyors in the business.
How Surveyors Become RICS Members
All surveyors must be a member of RICS to hold the ‘golden standard’ title of chartered surveyors. To qualify, members must have a degree or relevant experience that is accredited by the institution. The assessment process is lengthy and very thorough, ensuring you receive the highest of standards from your surveyor during the property survey.
Along with the RICS accredited degree, another vital part of the verification process is completing the lengthy RICS APC assessment. This consists of a 5,500-word written piece showcasing their ability to meet the technical and mandatory competencies, as well as a 10-minute presentation followed by a 45-minute question session.
It’s also a requirement that RICS members partake in 20 hours of continued learning and professional development each year. According to the RICS official website, members must demonstrate values such as integrity, responsibility, respect and trust as well as the high levels of standards that the organisation sets.
Buying a house is most likely the biggest investment everyone will make, therefore it’s vital you look out for the ‘Regulated by RICS’ sign on the surveyor’s website to ensure a smooth process. Ever wondered what a survey may tell you about your house? Check out our guide on common issues highlighted by survey reports to prepare you for the process.
How Compare My Move Verifies Chartered Surveyors
Compare My Move have a strict 4-step verification process to guarantee you’re only getting the very best surveying services available. They must be a RICS approved surveyor with a fully working, legitimate website with the correct details so that you can contact them, guaranteeing a speedy response.
At Compare My Move, we pride ourselves on our professional partners, therefore the importance of third party feedback from trustworthy sources is second to none. Potential accredited surveyors must follow the ‘Code of Practice’ which ensures that your experience with the surveyor is one of ease, with the guarantee of insurance in place.
To reassure our customers, we regularly monitor our chartered surveyors throughout their partnership with us. In the rare case of any negative activity, we will remove the surveyor as a verified partner.
How You Benefit From RICS
Okay, but is RICS worth it you might say? Most definitely! You’ll benefit by saving your hard-earned money from the services included in the survey. A verified chartered surveyor will be able to offer you in-depth reports like the RICS Homebuyer Report or Building Survey, which will highlight any repairs or defects that could crop up later in the process.
This will save you from a variety of future cost as you’ll know exactly what needs to be fixed and will discover if the property is actually a worthy investment. For more information about the benefits of arranging a survey, check out our article on why you need a property survey.
Another benefit of the RICS service is their dedication to client care. A rule of the RICS membership is for surveyors to update their knowledge and skills to give you the most professional service. This ensures that every technique and every device used is as modern and accurate as possible.
Learn More About Surveying
This article has been part of our guide to surveying. In the next part of this series we take a look at everything you should know about chartered surveyors. To learn more read what is a chartered surveyor.