Both you and your mortgage lender need to know whether the property is actually worth the amount of money you have agreed to spend on it. As well as what is known as the basic valuation, there are two main types of survey: the Home Buyers Report and the Building Survey. All lenders require a basic valuation, but it is strongly advised that you also have an independent and more detailed survey conducted, as the basic valuation will only show up any obvious problems that you will probably have noticed yourself.
So how much should I pay for a survey? Use our Property Survey Quote page to get free instant quotes for Home Buyers Reports or Building Surveys from several surveyors in your area, provided by our partner Reallymoving (all the surveyors listed will be members of the Royal Institution of Chartered Surveyors).
Typical costs Home Buyers Reports and Building Surveys are as follows:
|House Value||Building Survey||Home Buyers Report|
|from £100k to £200k||£560||£350|
|from £200k to £300k||£610||£440|
|from £300k to £400k||£730||£480|
|from £400k to £500k||£800||£530|
|from £500k to £600k||£920||£710|
|from £600k to £700k||£950||£785|
|from £700k to £800k||£970||£875|
|from £800k to £900k||£1,000||£900|
|from £900k to £1m||£1,100||£920|
To get instant survey quotes use our Property Survey Quote page.