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Full Structural Survey cost
dllive
Posts: 1,304 Forumite
Hi,
Ive been trying to arrange a Homebuyers Report on a house Im buying. Noone seems to want to do it because of the age of the house (1850). However, I have found a company that will do a Full Structural Survey for £550. I think this is really good as I thought it would cost around £1k. Is there any reason why they could do it so cheap? Do you get what you pay for with these things? Is there anything I should watch out for?
thanks
Ive been trying to arrange a Homebuyers Report on a house Im buying. Noone seems to want to do it because of the age of the house (1850). However, I have found a company that will do a Full Structural Survey for £550. I think this is really good as I thought it would cost around £1k. Is there any reason why they could do it so cheap? Do you get what you pay for with these things? Is there anything I should watch out for?
thanks
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Comments
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What with houses not selling much at the moment, surveyors don't have a lot to do at the moment so I think that's why survey prices are coming down0
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Including or excluding VAT?
Tell them your budget is £500 - they can only say no!0 -
I got a Building Survey (new name for RICS structural Survey) for £450 a few weeks ago. Went for a quote via Reallymoving.co.uk, and various companies called shortly afterwards trying to undercut their original quotes.
Mortgage valuation was £500 from Halifax, would have been over £1k if I'd asked them to do the building survey too!
Certainly seems to be room for negotiation in the surveying market at the moment. Just wish I knew why conveyancers still seem to take so long...!0 -
I had quotes from reallymoving and another site (localsurveyor I think) and spent the next week fielding calls from surveyors wanting the business and offering to reduce their price. My purchase fell through before I had to choose one but I was being quoted £299 for a full survey or £250 for homebuyers.
Nationwide wanted me to pay £340 just for the valuation, or £500+ to upgrade to homebuyers...0 -
I have just paid for a full structural survey in Northampton on a standard Victorian 2up/2down.
£410 inc VAT.0 -
We were quoted £475 including VAT. Not bad for Hampshire
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You will be getting what you pay for - a structural survey. This should be seen as an addition to, not an alternative for, the other types of survey. A Structural Engineer will not be concerned with damp, services, legal issues...............
£500 sounds about right considering that it'll be about a days work for them to do the survey and write the report.0 -
Also be prepared that the report will be full of caveats. ie They have only surveyed what they can see, no fixtures, fittings or finishes removed to gain access to the structure etc etc.
All fair enough really. They don't have x-ray vision.0 -
From what I've read here, this is a structural survey carried out by a chartered surveyor, not a structural engineer's report.DannyboyMidlands wrote: »You will be getting what you pay for - a structural survey. This should be seen as an addition to, not an alternative for, the other types of survey. A Structural Engineer will not be concerned with damp, services, legal issues...............
£500 sounds about right considering that it'll be about a days work for them to do the survey and write the report.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Really? Can a chartered surveyor do a structural survey?0
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