Listen "Episode 31 - Part 2: What is the potential shape of residential surveying in the future? with Steve Lees"
Episode Synopsis
In part two of this episode, Steve Lees from RICS provides valuable insights into the future of the residential market. Here are five key takeaways: Potential Shift to Scottish Model: The discussion explores the possibility of adopting Scotland's statutory home report model to improve transparency and reduce issues in the home-buying process. Legislative Changes Required: Emphasis on the need for legislation to mandate pre-condition surveys, as voluntary uptake remains low despite their benefits. Technological Advancements: Examination of how emerging technologies like AI, drones, and modern construction methods could revolutionize home surveys and property assessments. Market Education: The need to educate consumers that mortgage valuations are not comprehensive surveys, and the importance of getting detailed home surveys to protect their interests. Impact of Climate Change: The role of residential properties in achieving net-zero goals
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