We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Mortgage Valuation Fee £550
mondaytuesday
Posts: 13 Forumite
Hi All
Probably covering something thats been covered many times - sorry about that.
We have a mortgage with the Halifax and are soon to be buying a bigger house. Our mortgage will stay the same, we're just moving it across.
We've already had an independant full survey done, but now Halifax want to get a Valuation survey done - fair enough - but £550?!
We've purchase two other properties so far and the valuation fee was about£195, and they just drove by the property.
Is this £550 compulsory?
Many thanks and kind regards
Probably covering something thats been covered many times - sorry about that.
We have a mortgage with the Halifax and are soon to be buying a bigger house. Our mortgage will stay the same, we're just moving it across.
We've already had an independant full survey done, but now Halifax want to get a Valuation survey done - fair enough - but £550?!
We've purchase two other properties so far and the valuation fee was about£195, and they just drove by the property.
Is this £550 compulsory?
Many thanks and kind regards
0
Comments
-
it is compulsory I'm afraid, you could have asked their surveyor to do the full survey and it would have been a lot cheaperI am a Mortgage AdviserYou 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.0
-
If you speak to halifax if your surveyor is on their panel you may be able to get the survey retyped for a lesser fee.I am a Mortgage Adviser
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.0 -
Isnt the valuation fee linked to the purchase price of the house?0
-
Yep, the dearer the property the dearer the valuation fee0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards