Homebuyers Electrical Report For Mortgage Purposes
When buying a new home your lender may require a home buyers electrical report before approving your mortgage. If the property you are thinking of buying has an electrical wiring installation that is old, has signs of safety concerns, has been extensively altered, extended, or appears suspect, the mortgage company’s surveyor is likely to recommend that the property is inspected and tested by a registered electrician. The surveyor can’t fully verify if the installation is in a safe condition or complies with BS7671.
As registered electricians, IO Power work to the UK National Standard BS7671 Requirements for Electrical Installation and the Homebuyers Electrical Reports we supply comply with mortgage lenders requirements.
Electrical Installation Condition Report
Very often a NICEIC electrical installation condition report will be carried out for a prospective homebuyer. It is a very detailed report, and can sometimes run over 15 pages long, often far too detailed for a homebuyer, and could be considered unintelligible to all but an electrician.
As part of our domestic electrical testing services, we will include a covering letter for you to explain the report in laymans terms making it easier to understand and also follow up with a telephone call to explain the findings within the report if any.
Homebuyers Electrical Report (HER)
Here at IO Power we have developed a Homebuyer Electrical Report to meet the needs of homebuyers, it is easy to navigate around and it is sent to you as a PDF meaning the report will usually be with you the same day that we carried out the tests.
This would be carried out by a NICEIC registered electrician and comprises an inspection of the readily accessible parts of the electrical installation, and a number of tests to check the integrity and safety of the installation. All findings, both visually and instrumentally tested, will be noted within the report.
The report identifies and classifies codes in order of priority as follows:
C1 (code 1) – urgent attention required
C2 (code 2) – requires attention and possible remedial works
C3 (code 3) – does not comply with current regulations
With all reports we issue a covering letter and if needed depending on the condition of the installation we are reporting on, we include a quote for any remedial work required.
We provide a homebuyers electrical report with charges from £10 per circuit and if you would like any free advice about the process or would like to book a engineer, please call the office on 0333 577 0290