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Full survey costs

When my "potential" buyers put in thier offer they said they would like a full structural survey for the following valid reasons 200+k is a lot of money and its thier first place - I have no problem with this as there are no serious issues with the house which was built in the late 50's - The surveyors contacted me to book a time and said it would take around 3hrs

Out of interest i went to thier website and checked out the cost of one of these full surveys - £1000:eek:

Hell thats a lot of dosh -I am going to re-train as i think I might be in the wrong trade:rotfl:

Comments

  • Yes, if we made loads of money I wouldn't be on this website every day!

    Mind you is it a very large house as our fee for a 6 bed isn't as much as that!
  • No its a 2 bed detached but the fee seems to go via the value of the house not the size - at least that is whats on the website

    I was not having a go or a dig - just suprised at the expense of these things

    Just before putting it up for sale someone who was training to do the hip's came round to do a survey as practice for his portfolio - what suprised me is that he was not a surveyor but changing career.
  • selectcase wrote: »
    No its a 2 bed detached but the fee seems to go via the value of the house not the size

    Because the cost of any negligence claim would be directly related to the value of the property. So ... the higher the risk (of a negligence claim), the higher the "premium" for the work done.
    Just before putting it up for sale someone who was training to do the hip's came round to do a survey as practice for his portfolio - what suprised me is that he was not a surveyor but changing career.

    But someone doing HIPs for the seller is not responsible or "on the hook" for the advice given to the buyer ;)
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
  • Some practices base their fees on the price of the house, others on the size i.e. number of rooms - it pays to shop around and get a few quotes for comparison.
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