The best order to read it
Confirm address, property type, inspection date, surveyor and whether the document is marked draft or final.
Look at every Category 2 or 3 item first, then read the full notes behind those ratings.
Market value is not the asking price. Reinstatement cost is for insurance rebuilding purposes, not what the property is worth.
These may flag title, factoring, listed building, alterations, common repair or lender issues that need checked during conveyancing.
The EPC explains energy performance; the questionnaire gives seller-supplied answers about services, repairs, factors, notices and guarantees.
What buyers should not skim over
Category 2 repairs
These are not emergencies, but estimates are still advised. They can become more serious if ignored.
Category 3 repairs
Urgent repairs or replacement are needed now and may affect negotiation, mortgageability or timescale.
Valuation gap
Compare the surveyor valuation with asking price, home report date, local market and competition.
Questions to ask after reading
- Are there any Category 2 or 3 repairs that need contractor estimates?
- Does the lender need a refreshed valuation or transcript valuation?
- Do common repairs, factoring or listed building points need checked by the solicitor?
- Are there alterations, guarantees or certificates mentioned in the questionnaire?
- Does the EPC suggest expensive improvement works or restrictions for older buildings?