Surveys and fees
Do I need a house survey?
Arranging a house survey when you are already spending a lot of money, may make you wonder about having one at all. The trusted advice, from Which magazine is “it’s far better to be aware of any problems before you buy a property, so you can make an informed decision about how much you’re willing to pay for it and, if necessary, budget for any repair work that needs doing”.
How much does a survey cost?
Typically, between £400 to £1,250 and depends on the condition and age of the property and the appropriate survey level.
|Report Level||Property Price|
|Up to £300,000||£300,000 to £500,000||£500,000 to £750,000||£750,000 to £1.2m|
|Mi Home Condition Survey (RICS Level 1)||£400||£450||£500||£750|
|Mi Home Buyer Survey (RICS Level 2)||£500||£600||£700||£950|
|Mi Building Survey (RICS Level 3)||From £900||From £1,000||From £1,250||POA|
The cost of any additional requirements are supplemental and hard copy reports cost £25 per copy.
VAT is not charged as we currently work below the VAT threshold.
Which survey do I need?
The quick and short answer is the one that is relevant to your property. A relatively new property will often require a less detailed inspection than say a house that is older or previously extended and requires improvement and/or ongoing maintenance.
You will discover several types of surveys from an internet search and some will be out of date. The key accrediting body, the Royal Institution of Chartered Surveyors (RICS) has recently simplified residential surveys.
New RICS Home Survey Standard levels.
- Level 1: A basic condition survey to provide an objective view on the condition of the property; suited to newer constructed properties that are well maintained and not extended.
- Level 2: For properties in an average condition, may have been extended and/or improved.
- Level 3: Suitable for all properties where a detailed investigation is required; where a property has been extensively modified and/or extended, older construction and less than average condition requiring maintenance.
To determine the appropriate level of service, contact us and we will review the property online and
How long until I receive my survey report?
Once the terms of engagement are agreed in writing, the next step is to arrange access to the property. The survey will be typically undertaken in a morning and we can discuss general findings on the day. The final report is provided within 3 working days of the survey and 5 working days when a hard copy report is requested.