Homebuyer Surveys
A common question is "why do I need a survey when the mortgage company has already done one"? The fundamental difference is that mortgage companies generally commission a valuation survey to ensure the funds they lend you are secure. The valuation survey is not primarily for your benefit, as it’s not a comprehensive survey based on the condition of the property. It is always advisable for you to commission your own survey when buying a home, this will ensure that you know precisely what you are buying.
Incredibly only about 20% of purchasers instruct a building survey! Yet we rarely survey a building that is defect free. It is very often the case that the report highlights defects which are sufficient to negotiate a discount; very often this more than offsets the cost of the survey.
As a Chartered Building Surveying practice with years of experience of different construction types, analyzing and remedying defects along with saving our clients thousands of pounds in future repairs, you will have the confidence that you a dealing with a building experts.
Call us on 020 8438 6333 for more information or to organise your Building Survey or email us at info@sdsconsultants.co.uk
Fees for building surveys
| PROPERTY TYPE & VALUE | BEDROOMS | ||
|---|---|---|---|
| FLATS £ | 0-1 | 2-3 | 4 |
| £0-£500k | £745.00 | £795.00 | £895.00 |
| £501k - £750k | £795.00 | £895.00 | £995.00 |
| £751k - £1.0m | £895.00 | £995.00 | £1095.00 |
| £1.0m - £1.5m | £995.00 | £1095.00 | £1195.00 |
| HOUSES £ | 1-2 | 3 | 4-5 |
|---|---|---|---|
| £0-£500k | £745.00 | £895.00 | £1245.00 |
| £501k - £750k | £795.00 | £1045.00 | £1295.00 |
| £751k - £1.0m | £895.00 | £1145.00 | £1395.00 |
| £1.0m - £1.5m | £995.00 | £1245.00 | £1695.00 |
| £1.5m - £2.0m | £995.00 | £1445.00 | £1995.00 |
| £2.0m + | See note below | ||
Note: Due to the enormous diversity of properties in this area of the market we are unable to quote ‘blind’, and therefore need to discuss the property with our client, and note any special requirements for the inspection.
All prices are exclusive of VAT which will be charged at a rate of 17.5%
