House Valuations
 

How do they charge for these? Is it relative to the estimated value?

I've just got charged £615 for a one page report with about ten words on it:mad:

I got mine free with my remortgage. No fees and a good rate tracker.

I don't think I've ever paid for a valuation.

Depends on the reason for it mainly.

If it is for a mortgage quote then it is a paid for service, although most do a 'drive-by-valuation' these days and the mortgage company picks up the bill.

Steve

You're from Liverpool?

Are you sure that £615 isn't the valuation of your house ;)

very funny:lol1:

I believe quite a bit is the indemnity risk if it goes pear shaped?

It is indeed. My dad's a valuer and if they don't notice that the roof is about to fall on your head, they're liable.

You've been done!

They are only liable if the punter pays a couple of grand for a full structural survey.


600 quid sounds like a homebuyers survey on an averageish house or a mortgage valuation on a house around 700-800k - punter has no comeback on surveyor in either case

Maybe its about right then.

Your house has fallen in value by about the same amount every day for the last couple of months anyway so i wouldn't worry too much.