What is the typical cost of a valuation?
It varies from lender to lender. Some lenders have free valuations, though they may have higher product fees for taking out the mortgage; other lenders charge for a basic valuation with lower product fees; others will subsidise both the basic valuation and the Home Buyer’s Report. To give an example of the difference, for a 200,000 property Nationwide charges 280 for a basic valuation and 495 for a Home Buyer’s Report.
