On average, a full structural survey costs between £600 to £1,500. This type of survey is also known as a building survey. There are several things that significantly impact this price like the size of the property, location, and extent of damage among other things. Here’s all you need to know about a full structural survey.
When do you need a full structural survey
You need a full structural survey when you’re looking to get a detailed report on the property’s structure and condition. Such a survey is crucial for anyone looking to purchase a home that has been around for more than five decades or a fixer-upper of any kind.
For most new builds the warranty comes with a structural survey but for an older structure, the homeowner needs to request it. It’s also ideal for properties that have undergone multiple modifications throughout the years.
Having a building survey is crucial for anyone buying, selling, or looking to invest in their property. It’s advisable to ensure that you hire a RICS-accredited surveyor to conduct the inspection. With a qualified surveyor, you’ll get a comprehensive report at the end of the inspection.
Factors affecting the cost of a full structural survey
When conducting a structural survey, there are several factors that impact the overall cost of the project. These are:
- Size of the property
- Location of the property
- The property’s value
- Age of the structure
The bigger the size of the property, the more you should expect to pay. Depending on how huge it is, it will also take a significantly longer duration to complete the inspection.
The location of the property is another factor that will significantly impact how much a full survey will cost. If the property is in parts of London, you should expect to pay a significantly higher price than other locations.
If the property is highly valued, the surveyor will have to pay more to insure himself in case of any mistakes in his evaluation. This means that the overall cost will be more.
An older structure means a more complex survey hence you’ll pay more for a building survey. This amount will be relatively low if the build isn’t as old.
What’s the cost of hiring a structural surveyor
On average, structural surveyors in the UK charge £100 per hour. This will vary depending on the type of surveyor, size of the property, and their level of experience among other things.
The cost is significantly high because it covers the expenses the surveyor has to incur when making site visits and conducting the inspection. Instead of opting for an hourly rate, the surveyor might decide to give you a quote for the entire job. This will include the inspection and writing up the final report.
It’s advisable to get several quotes from other experts so that you can be sure that you’re being charged a fair rate. Knowing a full structural survey will cost you between £600 to £1,500, and you can easily budget and plan for your project.