If your prospective new home has only been recently built (less than 150 years old) you may wish to consider the alternative of a RICS Home Survey Report which will probably work out to be slightly lower cost. This report follows a format specified by the RICS and is generally suitable for situations where major problems are felt to be unlikely. It replaces what the RICS previously referred to as a Homebuyer Survey.
The RICS has established a new Home Survey standard (from September 2021) which defines the levels of inspection and report to be provided by all Chartered Surveyors. Previous versions of most reports have been withdrawn.