Valuation Fees from 1st October 2023

Mortgage Valuation

The Society requires a valuation of the property. This is a limited report for the Society’s purpose and is not a survey. It is a comment on the general condition of the property and whether it provides suitable security for a mortgage. It is prepared for the Society and as such should not be relied upon by the Applicants as a report on the condition.

RICS Home Buyers Report and Valuation

This provides a more detailed inspection providing information on the state of repair and the condition of the property. You will receive a report from the Valuer with details of his inspection and opinion of the current market value. The Valuer will also complete a report for esbs.

The fees below include VAT at the standard rate
Purchase price not exceedingMortgage valuation (inc £25 Administration Fee)Combined RICS home buyers & Mortgage valuation (inc £25 Administration Fee)
£200,000£290£485
£300,000£345£590
£400,000£400£635
£500,000£435£715
£700,000£540£835
£1m£640£1,000
£1.5m£790£1,200
£2m£990£1,450
£2.5m£1,300£1,800
£3m£1,700£2,250
OVER £3mBy NegotiationBy Negotiation

Re-inspection £150
Final inspection £150
Further Advance £150

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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