• Valuation and survey fees

    If you’re buying a home or taking out a mortgage to raise capital, we will usually arrange for a surveyor to prepare a Valuation Report on the property for us. You can also arrange for a professionally qualified surveyor or valuer to inspect the property for you.

    YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

    Valuation (Level 1)

    Our valuation is a very brief report on the property's condition and its market value based on a limited inspection of the readily visible and accessible parts. You will be sent a copy, but it's important to understand that the report is not a detailed survey - it is just for our purposes to help us assess if the property is adequate security for the money you want to borrow.

    There is normally a fee for a Valuation Report which you will need to pay us when you apply for your mortgage(see table below).

    We recommend that you arrange a more detailed report into the property's condition than the Valuation Report. We've outlined the other types of report available below:

    Survey and Valuation (Level 2)

    A Survey and Valuation report is for you and we don't receive a copy of the survey. It is produced in an easy-to-follow format and will give you guidance on defects and other issues that should help you in your decision to buy. There are set fees for a Survey and Valuation depending on the value of the property (see table below).

    Building Survey and Valuation (Level 3)

    This is an even more detailed report on the property, which can be tailored to fit your requirements. Again, the report is just for you - we don't receive a copy of the survey. If you choose a Building Survey and Valuation, you will have to agree the additional fee for the Building Survey with the surveyor. Because both a Survey and Valuation, and a Building Survey and Valuation are for you, the surveyor will send the appropriate terms of engagement direct to you for you to read, sign and return to them. Sometimes investigations reveal structural defects in the property. If that happens we may not release the mortgage money until the defects have been fixed. You may have to pay re-inspection fees if we decide that further inspections by our valuer are needed before all the mortgage money can be released.

    If you are remortgaging to us, we will arrange a property assessment for our own purposes based on the information you give us, we may charge a fee for this. You must not rely on the fact that we may be prepared to make you a loan as any indication of the value of the property. You may want to get your own valuation advice.

    Valuation - Residential Applications

    Property ValueValuation fees (Level 1)
    Up to £25,000£225
    From £25,001 to £50,000£250
    From £50,001 to £100,000£275
    From £100,001 to £150,000£300
    From £150,001 to £200,000£350
    From £200,001 to £250,000£400
    From £250,001 to £350,000£450
    From £350,001 to £450,000£525
    From £450,001 to £550,000£600
    From £550,001 to £650,000£650
    From £650,001 to £750,000£700
    From £750,001 to £850,000£750
    From £850,001 to £1,000,000£800
    From £1,000,001 to £1,250,000£900
    From £1,250,001 to £1,500,000£1,050
    From £1,500,001 to £1,750,000£1,150
    From £1,750,001 to £2,000,000£1,250

    Valuation & Survey- Residential Applications

    Property ValueSurvey & Valuation Fees (Level 2)
    Up to £50,000£475
    From £50,001 to £100,000£500
    From £100,001 to £150,000£550
    From £150,001 to £200,000£600
    From £200,001 to £250,000£675
    From £250,001 to £300,000£750
    From £300,001 to £400,000£825
    From £400,001 to £500,000£950
    From £500,001 to £600,000£1,050
    From £600,001 to £700,000£1,200
    From £700,001 to £800,000£1,300
    From £800,001 to £900,000£1,400
    From £900,001 to £1,000,000£1,500
    From £1,000,001 to £1,100,000£1,600
    From £1,100,001 to £1,200,000£1,700
    From £1,200,001 to £1,300,000£1,800
    From £1,300,001 to £1,400,000£1,900
    From £1,400,001 to £1,500,000£2,000
    From £1,500,001 to £1,600,000£2,100
    From £1,600,001 to £1,700,000£2,200
    From £1,700,001 to £1,800,000£2,300
    From £1,800,001 to £1,900,000£2,400
    From £1,900,001 to £2,000,000£2,500

    Valuation & Survey- Residential Applications

    Survey & Valuation Fees (Level 2)
    property Value Greater ThanProperty Value Less Than of Equal to
    Customer Paid Fee Scales
      Residential ScaleBuy To Let Scale
    £1£100,000£800£800
    £100,001£150,000£1,000£1,000
    £150,001£200,000£1,250£1,250
    £200,001£300,000 £1,500£1,500
    £300,001£400,000£1,750£1,750
    £400,001£500,000£2,000£2,000
    £500,001£600,000£2,250£2,250
    £600,001£700,000£2,500£2,500
    £700,001£800,000£2,750£2,750
    £800,001£900,000£3,000£3,000
    £900,001£1,000,000£3,250£3,250
    £1,000,001£1,200,000£3,750£3,750
    £1,200,001£1,400,000£4,250£4,250
    £1,400,001£1,600,000£4,750£4,750
    £1,600,001£1,800,000£5,250£5,250
    £1,800,001£2,000,000£5,750£5,750
    £2,000,001£2,200,000£6,250£6,250
    £2,200,001£2,400,000£6,750£6,750
    £2,400,001£2,600,000£7,250£7,250
    £2,600,001£2,800,000£7,750£7,750
    £2,800,001£3,000,000£8,250£8,250

  • How to apply

    Start your application online

    Subject to status and lending criteria

    Start online
    Apply at a branchFind out what to take along
    Book appointment

    Call us 8am-8pm Monday to Friday
    9am-2pm Saturday

    0800 056 1088

    Ask us to call you
    Request a callback

  • YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

icon

Tap

Do your banking wherever you are with secure online banking services.

Download our app on Apple

Download our app on Android

icon

Click

Bank online 24/7 using our Internet Banking website or our mobile app.

Internet Banking 

icon

Call

Bank over the phone 24/7 using our automated service - call 03459 758 758.

Telephone Banking 

icon

Visit

Find your nearest branch or cash machine using our Branch Locator tool.

Find branches