It’s important to know what you’re getting for your money, and what the average price is. It’s also a good idea to compare services
so you can make sure you’re getting the best deal.
So, what is the average surveyors fee?
It depends on the type of survey you’re getting.
How much does a homebuyer’s survey cost?
A HomeBuyer’s Report
is appropriate for properties without clear problems or that are under 100 years old. It’s a traffic light system where problems are pointed out, along with areas that can be improved, and have no issues. A surveyor will spend 1-2 hours approximately assessing the property, and then filling out the report.
Most surveyors are happy to talk the report through with a client if they are concerned. The cost of a HomeBuyer’s Report starts from about £300.
How much does a building survey cost?
A Building Survey is more in depth and is good for older homes and ones that have had work done, or you intend to do building work to. As such, it is the more expensive and comprehensive option.
The average building survey costs from around £500 - £1300 but this is dependent on the size of the property, the value of the property and the age. You’re paying for a detailed report on your property, where the surveyor may have to spend more time looking at different elements. Remember the time a surveyor will spend in the property ranges from about 2-5 hours and they’ll spend quite a while generating a comprehensive report, as well as explaining anything to the client if they’re concerned.
How much is an additional valuation?
A valuation is often included as standard in a HomeBuyer’s Report, but if you want to add one to your Building Survey, it is usually under £50.
A surveyor valuation is not
the same as a mortgage lender’s valuation. You might want to add a valuation to your survey if you’re not sure that the property has been appropriately priced by the seller and you want to see if it’s inline with market value. An estate agent’s pricing of the property is based on ‘consideration of worth’ whereas a registered valuer will be able to tell you if it’s appropriate for the market, on top of identifying any issues that might cost you more down the line.
Are there any other costs?
Your surveyor may recommend you contact a specialist for certain areas that they could not confirm. Bear in mind, your surveyor is not a structural engineer, plumber or electrician. They may recommend that to be completely comfortable with your property going forward, you ask for an opinion from an electrician, gas engineer or structural engineer.
It is always your choice if you decide to follow up on this advice, and you may feel that it is not necessary, but if significant problems are uncovered in these areas, the responsibility will fall with you, not the surveyor.
What makes a survey more expensive?
A survey might end up being more expensive based on the value and size of the property, as well as the condition. If the surveyor will have trouble accessing different parts of the property, or the problems they uncover are more complex, it may be more expensive. This is because it might take more time to assess, and to write up. In the simplest terms, if the property is large, it will take a surveyor longer to look around, which will mean you’re paying for more of their time.
How do I get the best price for a survey?
That’s the easy part! You can simply use our quick quote form to compare prices
from local surveyors for HomeBuyer Reports (with or without valuations) and Building Surveys. You’ll get up to 4 quotes from RICS regulated surveyors and you can see their reviews, before choosing the one who is best for you.
You can also check your other moving costs by using our moving cost calculator
to see how much you could save.
How much does a survey cost - in summary
For a property worth around £225,000 a HomeBuyer’s Report would be approximately £339 and a Building Survey would be £451. Prices of surveys vary depending on the size and value of the property, along with location.