CeMAP 2 & 3: Topic 14 – Understanding Valuations and RICS Surveys

Welcome to this week's episode where we’re diving deep into valuations and property surveys—an essential topic for anyone sitting their CeMAP 2 & 3 exams!

In this episode, we’ll cover:

🏡 Basic Valuations vs. RICS Surveys (Levels 1, 2, and 3) – What are the key differences?

🔑 Levels of Protection – What each type of survey can (and can’t) tell you about the property you’re buying.

🔍 Spotting Structural Issues – Common warning signs to look out for and what might signal that your dream home is falling down!

💼 Lender Involvement – How much responsibility the lender has when it comes to valuations and the importance of getting an indep ...