More than half of real estate professionals think the RICS siding guide works
More than half (55%) of real estate professionals think the RICS Coating Guidance Note works, compared to 45% who think it doesn’t, a webinar survey by Countrywide found Surveying Services (CSS).
These responses emerged during Countrywide Surveying Services’ regular webinar series, which revolved around a discussion of coating and the EWS1 form. Over 200 people actively participated in the session, with an audience of lenders, brokers, surveyors and other real estate professionals.
Other polls were conducted during the webinar that asked questions including: Have you seen more or less requests from SAP since the RICS Guidance Note? In response to this, 30% of respondents said more, 9% suggested less, with the rest (61%) saying the number of requests had been similar. Additionally, more than two-thirds (70%) said the recent fire at New Providence Wharf changed their perspective on the need for SAP forms, while 30% suggested the event had a negative change on their perspective on the need for SAP forms.
Responding to the concerns of post-pandemic surveys
Matthew Cumber, Managing Director of Countrywide Surveying Services, said: “Many positive points have been achieved with the development of the RICS Guidance Note, but challenges remain for the industry as a whole.
“This is a complex and ongoing issue and it is important that we keep the discussion going and move forward to reach meaningful resolutions. Although I’m afraid that’s something we’ll still be talking about in webinars for years to come.
“From an intermediary point of view, advisors can support homebuyers by helping them ensure that they embark on any real estate purchase with their eyes wide open.
“Tackling these issues as early as possible in the home buying process will certainly avoid temporal, financial and emotional implications down the road. “