This is a standardised form of survey, devised by the RICS, which aims to give you an economical, concise report on any more serious defects or issues which may affect your proposed home. The inspection and report are briefer and less detailed than a building survey, although - unlike the building survey - it does include an opinion of market value as standard. This form of survey tends to be best suited to simple, conventionally built properties which are not old and which appear to have been well looked after.