Summary of the article
Carroll explains how a stock-condition survey records building components, condition, expected renewal and replacement costs to support asset planning. The article introduces a draft code intended to make that work more consistent.
It outlines preparation, survey templates, resident engagement, pilot surveys, data validation and maintenance of information after inspection. Dave Bracegirdle is identified as the draft’s author, supported by an expert group; Carroll is the author of this article.
The invitation to respond closed on 9 February 2026. The piece is therefore a historical consultation article, not proof that the draft became a final standard. The RICS project page is linked separately for status.
Source: RICS — New guidance to professionalise stock condition surveys