What are Survey Fees?
Your lender will require a survey to be carried out on the property you’re purchasing on a first charge loan or the property/properties you’re using a security on a second charge loan. You will have to pay for that survey. The lender will select the surveyor from their own panel. On some transactions worth £1,000,000 or less, many lenders are now using a desktop valuation service which is often cheaper and faster than traditional valuations.Back