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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
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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
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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
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Yep, the dearer the property the dearer the valuation fee0
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