Valuation Fees
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.
| Purchase price not exceeding | Mortgage 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 £3m | By Negotiation | By 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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