Our Property Survey Guides
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce carbon dioxide emissions. All homes bought, sold or rented require an EPC.
As a buyer, you pay for a mortgage valuation report (MVR) in order to secure a mortgage offer, but this should not be confused with a survey. The MVR merely confirms to the lender that the property is worth at least what they are loaning you – it is not their responsibility to point out any repairs that need doing..
Don't rely on the mortgage valuation report
As a buyer, you pay for a mortgage valuation report (MVR) in order to secure a mortgage offer, but this should not be confused with a survey. The MVR merely confirms to the lender that the property is worth at least what they are lending you – it is not their responsibility to point out any repairs that need doing. As your house purchase is the single largest financial commitment you can make, we would strongly recommend that you have an independent survey and although you will have to pay for this, it should detail any defects or repairs required to the property before you are committed to buying it
If you're a seller
If you're a seller, it may be worthwhile to have a survey done yourself. If there are any problems with your house, this will give you a chance to fix them; or if your property gets the all clear, the report can be used to show buyers what great condition your property is in.
This covers structural safety and highlights problems, including damp, as well as anything that doesn’t meet current building regulations. It takes two to four hours to complete, giving an independent and expert view on the property’s value.
New build snagging survey
This is a specialist survey for new builds that will pick up mistakes such as plumbing the hot to the cold tap or poorly finished paintwork. Your independent inspector will also be able to arrange for the developer to sort out any defects found.
This survey is for older properties and those of a non-standard construction (eg timber). It usually takes a day to complete, depending on the size of the property. A building survey gives a detailed report on the condition of the property and assesses the cost of repairing any problems discovered, but it's a good idea to confirm these costing's with tradespeople.
Typical Survey Fees
|Property price||Valuation report fee||Homebuyer report Fee|
|£0 - £50,000||£205||£350|
|£50,001 - £100,000||£245||£400|
|£100,001 - £150,000||£285||£445|
|£150,001 - £200,000||£325||£495|
|£200,001 - £250,000||£370||£550|
|£250,001 - £300,000||£405||£600|
|£300,001 - £400,000||£475||£660|
|£400,001 - £500,000||£545||£660|
|£500,001 - upwards||£600||By arrangement|