Who does the survey?

Athlete

I'm buying a house and Nationwide are providing the mortgage. Countrywide are providing the finiancial/mortgage advice. I have just had the survey back and notice that the survey has been done by Countrywide Surveyors. Wouldn't Nationwide be conducting a survey, not Countrywide? Wouldn't it be in Countrywides interests to say the house is the correct valuation to the price I've offered so they get the sale?

PasturesNew

No, the Nationwide will have a big list of "approved surveyors" on their wall - and will simply phone through the nearest surveyors to the property until they get one that can do it.

There will probably be two lists:
- phone these first
- these blighters charge us more, so only use these if you have to

So Nationwide have done the survey, contracting the actual work out to Countryside because on the day they were phoning round it was Countryside that answered the phone first and said they could do it. If they'd not been able to fit it in, then Arthur Muggins (Surveyors) & Co might have got the job just because they were the next approved surveyor on the list on the wall.

Countrywide mortgage advice and Countrywide surveyors will be slightly different entities, even if they're in the same physical building.

jog

Hi,

We are just in the process of taking out a second mortgage with Nationwide and they are using Countrywide to do the survey on our house for them, as said above I think Countrywide happen to be a firm that Nationwide use.

Jog