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Mortgage Glossary

Surveyor

A qualified professional who inspects and assesses the condition and value of a property.

A surveyor is a trained and qualified professional who inspects properties to assess their condition, identify defects, and provide a valuation. In the UK, most property surveyors are members of the Royal Institution of Chartered Surveyors (RICS), which sets professional standards and a code of conduct.

There are different types of surveyor for different purposes. A valuation surveyor carries out mortgage valuations on behalf of lenders. A building surveyor conducts homebuyer reports and structural surveys for buyers. Some surveyors specialise in specific areas such as listed buildings, commercial property, or party wall matters.

When choosing a surveyor for a homebuyer report or structural survey, look for RICS membership, experience with similar property types, and local knowledge. Your mortgage broker or conveyancer may be able to recommend a suitable surveyor.

Example

You instruct a RICS-qualified building surveyor to carry out a homebuyer report on the property you are buying. The surveyor inspects the property, produces a detailed report within a week, and is available to discuss the findings with you by phone.

Key Points

  • A qualified professional who assesses property condition and value
  • Most surveyors in the UK are members of RICS
  • Different types specialise in valuations, building surveys or specific property types
  • Choose a surveyor with relevant experience and local knowledge
  • RICS membership ensures adherence to professional standards

Frequently Asked Questions

How do I find a good surveyor?

Search the RICS website for surveyors in your area, ask your mortgage broker or solicitor for recommendations, and check online reviews. Make sure they have experience with the type of property you are buying.

Is the surveyor who does the mortgage valuation the same as the one I hire for a homebuyer report?

Usually not. The mortgage valuation surveyor is appointed by the lender and works on their behalf. You separately instruct your own surveyor for a homebuyer report or structural survey.

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