Surveyors

1 April 2022 – 3 Minute Read

When do you get a surveyor?

You can get a surveyor when you buy a property, need a valuation for remortgaging or if you are planning extensive renovation or rebuilding work to your residential or commercial property.  In addition, when buying a property with a mortgage, your mortgage lender will usually arrange for a surveyor to value the property a few days after agreeing to the mortgage in principle. It is recommended you arrange for a separate survey to find out if there are any problems with the property.

What does a mortgage surveyor look for?

A mortgage surveyor looks to see what the property you want to buy is worth. The mortgage lender sends a mortgage surveyor to assess the property to see if it is worth the amount you are negotiating. They will look at the condition of the property and its location to determine a value.

How much does it cost for a surveyor?

The cost of a surveyor to carry out a survey depends on the type of survey and the property’s condition, size and location.  As a guide, a basic RICS Condition Report costs around £250 . A Homebuyers Report starts from £400 and is suitable for most standard properties in reasonable condition. A RICS Building Survey will cost between £400 and £500, while a full structural survey costs £600 or more, depending on the size of the property.

What does a valuation surveyor look at?

On behalf of the mortgage lender, a valuation surveyor will look at the property’s construction, condition, location and similar properties that have sold in the area to determine its value. A valuation survey is a basic survey of the property and sometimes does not involve the surveyor visiting the property.

Do you need a surveyor for a party wall agreement?

You may need a surveyor for a party wall agreement to serve notice and help you avoid any disputes. Whether you legally need a surveyor for a party wall agreement depends on where you are in the process. It can be a good idea to use the services of a surveyor to minimise the risk of disputes.

Does a surveyor check the boiler?

A surveyor will not check the boiler when they survey a house because they are not a qualified gas engineer. A surveyor may look at the boiler and note its age and visible condition but they cannot test the boiler or the hot water system.

How long will the surveyor be in my house?

A surveyor could be at your house for up to three hours. How long a surveyor will be in your house greatly depends on the type of survey requested and the size of the property in question. If a buyer has asked for a complete structural survey, it can take up to three hours, or considerably longer for large properties.

Do I need a surveyor to buy a house?

You do not need to hire a surveyor to buy a house. You are not legally required to have a survey done on the house you want to buy. However, it is strongly recommended that you do to highlight any issues. A surveyor will look for any problems with the property you need to be aware of.

How to find a good property surveyor?

You can find a good property surveyor on Yell.com . Search through an extensive list of property surveyors in your area and find out about the services they offer, as well as read customer reviews, before making a decision.

How to choose a surveyor?

Choose a surveyor with the appropriate accreditations and good customer feedback. Any surveyor you choose should be registered with RICS, meaning they are fully-qualified surveyors. Don’t be afraid to ask for more information on their experience and services, and check review websites for customer feedback.