A valuation is not a survey

A survey should not be confused with a mortgage valuation report. The mortgage valuation will give your mortgage lender assurance for its loan. It will not give you an assessment of the condition of the property, or advice about repairs and maintenance.

According to a recent reports from home buyers, of the one in four who relied solely on a mortgage valuation report 25% needed to undertake unplanned work in the first year, Amounting to an average cost of over £1,100.

(RICS/GfK NOP Business research).


Even if you are looking for a mortgage and, as a result, may be paying for a mortgage valuation report, it is still recommended that you arrange

a survey by your own surveyor.


For your free copy of our comparison booklet, please complete the “survey enquiry form”.

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