Valuation Fees
Valuation Fees from 1st September 2017
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 |
|---|---|---|
| £100,000 | £185 | £390 |
| £150,000 | £220 | £425 |
| £200,000 | £265 | £460 |
| £250,000 | £290 | £510 |
| £300,000 | £320 | £565 |
| £400,000 | £375 | £610 |
| £500,000 | £410 | £690 |
| £700,000 | £515 | £810 |
| £1,000,000 | £615 | £975 |
| OVER £1,000,000 | By Negotiation | By Negotiation |
The fees below apply from 1st January 2020:
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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