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Cost of a Homebuyers Survey - Too Much?
MardyBum1977
Posts: 19 Forumite
Hi,
How much should a homebuyers survey cost? We have had quotes ranging from 600-1000 for a 3 bed terrace in Tottenham , , , , What is the 'normal' price to pay (obviously understand in London might be a bit more expensive).
Cheers
How much should a homebuyers survey cost? We have had quotes ranging from 600-1000 for a 3 bed terrace in Tottenham , , , , What is the 'normal' price to pay (obviously understand in London might be a bit more expensive).
Cheers
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Comments
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Are we talking a full survey , not the homebuyers valuation ?Ex forum ambassador
Long term forum member0 -
No Just a homebuyers.Browntoa said:Are we talking a full survey , not the homebuyers valuation ?
Ta0 -
Surveyors base their fee upon the value of the house, not the amount of bedrooms0
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Right - value is 550-ish?Tracet74 said:Surveyors base their fee upon the value of the house, not the amount of bedrooms0 -
£1,000 is pretty top heavy for a HomeBuyer as we'd be charging that for a Building Survey. To give a comparison, we'd be charging £720 inclusive of VAT for a property at that value0
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Think we paid around £550-£600 in 2016, this was in the Midlands1
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Thanks - is there a premium for being in London?Tracet74 said:£1,000 is pretty top heavy for a HomeBuyer as we'd be charging that for a Building Survey. To give a comparison, we'd be charging £720 inclusive of VAT for a property at that value
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Hard to say as property prices are typically lower elsewhere hence the cost of the survey being less, i.e. recently had a HomeBuyer completed on a property with a value of £104k for £400.
Also, check the surveyor availability as lots are now booking for February, or not taking on instructions full stop.
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Cheers - one of the good things is that they will move things around to do it at a few days notice.Tracet74 said:Hard to say as property prices are typically lower elsewhere hence the cost of the survey being less, i.e. recently had a HomeBuyer completed on a property with a value of £104k for £400.
Also, check the surveyor availability as lots are now booking for February, it taking on instructions full stop.0 -
Having worked with 3 different firms, it's not possible to "move things around" to squeeze in appointments
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