Valuation fees

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The valuation and survey fees shown here are for work carried out by e.surv, or by another valuation and surveying firm appointed by us.

Please note the valuation fee is non-refundable once the property assessment has been carried out.

For remortgages where there is no valuation or survey, we carry out an assessment of the property at no charge to your client.


Valuation types

There are two types of valuation and survey

  • Mortgage Valuation (Level 1) - this is a basic property valuation for lender purposes only. We may ask a surveyor to carry out an internal inspection or Remote Valuation using property details, previous sale/valuation prices and local area knowledge without visiting the property. Or we may use an Automated Valuation (AVM), a combination of historical and market data to compare the property to others in the local area. A report will only be available if a surveyor visits the property. There is not the option to choose the type of Level 1 valuation carried out. It is important the client is aware of the different valuation types and limitations of each.
  • Survey and valuation (Level 2) - gives guidance on defects and other issues which could affect a decision to buy. We base our lending decisions on the valuation aspects only.

Fees

Fees are based on the property purchase price.

Purchase price no more than

Valuation only

Survey and valuation

£50,000

£200

£100,000

£200

£365

£150,000

£200

£395

£200,000

£200

£445

£300,000

£200

£565

£400,000

£200

£695

£500,000

£200

£840

£600,000

£200

£980

£700,000

£200

£1,125

£800,000

£200

£1,265

£900,000

£200

£1,410

£1,000,000

£200

£1,550

£1,200,000

£200

£1,750

£1,400,000

£200

£1,955

£1,600,000

£200

£2,155

£1,800,000

£200

£2,360

£2,000,000

£200

£2,560

£2,200,000

£200

£2,765

£2,400,000

£200

£2,965

£2,600,000

£200

£3,165

£2,800,000

£200

£3,370

£3,000,000

£200

£3,570

£3,200,000

£200

£3,775

£3,400,000

£200

£3,975

£3,600,000

£200

£4,180

£3,800,000

£200

£4,380

£4,000,000

£200

£4,580

£4,200,000

£200

£4,785

£4,400,000

£200

£4,985

£4,600,000

£200

£5,190

£4,800,000

£200

£5,390

£5,000,000

£200

£5,595

£5,500,000

£200

£6,100

£6,000,000

£200

£6,605

£6,500,000

£200

£7,110

£7,000,000

£200

£7,615

£7,500,000

£200

£8,120

£8,000,000

£200

£8,625

£8,500,000

£200

£9,130

£9,000,000

£200

£9,635

£9,500,000

£200

£10,145

£10,000,000

£200

£10,650

If the purchase price is discounted then the valuation fee will be based on the valuation figure. Prices correct for all new applications from 16th October 2017.

For valuation fees prior to 16th October 2017 please click here


Revaluation fees

Please note – for new Halifax Intermediary Further Advance applications submitted between Monday 8 April and Monday 7 October only, a refund will be made of any revaluation fee paid. The appropriate fee must still be paid before a revaluation can be instructed but a refund will then be made. For more information please speak to your Business Development Manager.

Further advances above 80% of indexed valuation - For further advance applications (including combined product transfer/further advance applications), if the total loan (mortgage plus further advance) exceeds more than 80% (subject to standard lending limits) of the indexed valuation a revaluation is required for the case to proceed.

If your client wishes to proceed and feels that the property value is higher and sufficient that the total lending will be within the maximum 85% limit, they may provide an estimated property value. A revaluation will be required to support the estimated property value being used. The valuation fee to be charged will be based on the estimated valuation keyed.

The fee must be paid in advance by the client before a valuer can be instructed.

Estimated value up to and including (£)

Valuation fee including VAT if applicable (£)

£150,000

£108

£200,000

£128

£300,000

£165

£400,000

£200

£500,000

£233

£600,000

£260

£700,000

£290

£800,000

£318

£900,000

£345

£1,000,000

£373

£1,200,000

£430

£1,400,000

£485

£1,600,000

£543

£1,800,000

£598

£2,000,000

£655

£2,200,000

£710

£2,400,000

£768

£2,600,000

£823

£2,800,000

£880

£3,000,000

£935

£3,200,000

£993

£3,400,000

£1048

£3,600,000

£1105

£3,800,000

£1160

£4,000,000

£1218

£4,200,000

£1273

£4,400,000

£1330

£4,600,000

£1385

£4,800,000

£1443

£5,000,000

£1498

£5,500,000

£1638

£6,000,000

£1780

£6,500,000

£1920

£7,000,000

£2060

£7,500,000

£2203

£8,000,000

£2343

£8,500,000

£2483

£9,000,000

£2623

£9,500,000

£2763

£10,000,000

£2905

Our tracker rate mortgages are linked to Bank of England bank rate (also known as Bank of England repo rate). Details of this rate can be found on the Bank of England website at www.bankofengland.co.uk.

For independent information on mortgages, visit the website 'Money Advice Service'.

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