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What is RICS?

Martha Lott
Written by Martha Lott
20th April 2018 (Last updated on Monday 19th November 2018)

RICS, The Royal Institution of Chartered Surveyors, is the official body of property professionals that issue and monitor standards globally. We have recently launched a surveyor comparison service for your property survey, as we understand the process of finding a surveyor can sometimes seem daunting. Compare My Move have compiled this guide to highlight the importance of only using a RICS surveyor, the lengthy verification process and the many benefits that come with using a chartered surveyor.

This article will cover the following points

Why It's Important to Only Use a RICS Surveyor How Surveyors Become RICS Members How Compare My Move Verify Chartered Surveyors How You Benefit From Using RICS Save on Your Surveying with Compare My Move

Why It's Important to Only Use a RICS Surveyor

The internationally foremost qualification in property and construction, RICS, will guarantee your surveying experience to be one of a highly professional standard, performed by trustworthy, reliable members.

The importance of using a chartered surveyor is vital to receive an accurate opinion on your property, as RICS members are qualified to specialize in every aspect of property matters. Whether your surveyor is at AssocRICS, FRICS or MRICS level, they are a trusted and qualified professional with your best interest being their priority. 

Members must follow the ‘RICS Rules of Conduct’ that ensures you are fully covered with professional indemnity insurance, which is something that not every surveyor may be able to offer unless they’re RICS verified. Additionally, it’s a requirement that fully qualified chartered surveyors have ten years’ experience in the field, which should 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 that other surveyors may not be able to fulfil. As we cover in our guide to dealing with a bad survey, it's certainly worth working with only the best Surveyors.

How Surveyors Become RICS Members

All surveyors must be a member of RICS to hold the ‘golden standard’ title of chartered. To qualify, members must have a degree or relevant experience that is accredited by the institution. The assessment process is lengthy and in-depth, which only serves to ensure you receive the highest of standards from your surveyor.

Along with your 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 evidencing their ability to meet the technical and mandatory competencies and a 10-minute presentation followed by a 45-minute question session.

In addition to this, it’s a requirement that RICS members partake in 20 hours of continued learning and professional development annually. According to the RICS official website, members must demonstrate values such as a high level of standards, integrity, responsibility, respect and trust.

After all, 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.

How Compare My Move Verify Chartered Surveyors

Compare My Move have a strict 4 step verification process to guarantee you’re only getting the very best surveyor in the business. They must be a RICS approved surveyor with a fully working, legitimate website that assures you can contact them and are guaranteed a speedy response. Compare My Move 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 Compare My Move. In the rare case of any negative activity we will remove the surveyor as a verified partner. 

How You Benefit From Using RICS

Ok, but what do I get from using a ‘regulated by RICS’ surveyor, we hear you say? You will initially benefit by saving your hard-earned money from the services included in the survey. By using a verified chartered surveyor for your project, they will be able to offer you in-depth reports such as the RICS homebuyer report or building survey, which will highlight any repairs or defects that could crop up later in the process. Ultimately, this will save you a lot of money by knowing exactly what needs to be fixed as well as ensuring you’re aware of the true market value of the property.

Another benefit of the RICS service is their dedication to client care. A requirement of the RICS membership is to regularly update their knowledge and skills to give you the most professional and accurate service. For more information about the benefits of arranging a survey, check out our article on why you need a property Survey.

Save on Your Surveying with Compare My Move

Compare My Move only work with trustworthy and reliable professionals to provide you with an exceptionally easy service. Sit back, relax, and we’ll do all the hard work for you by connecting you with up to 4 RICS approved surveyors. We offer a guarantee that you’ll receive a service of a high standard with regular feedback checks on your chartered surveyor.

We can help you save time and money by comparing our RICS verified surveyors to find a professional surveyor that’s suitable for your project. Simply complete the 30 second form to be instantly connected with reliable surveyors, whilst saving on the cost at the same time.