Our valuation fee depends on the property value:
Property value up to
Fee for Standard Valuation
|Over £5,000,000||By negotiation|
As part of a mortgage application, we will arrange a standard valuation.
The valuation is only for Metro Bank’s use. We use it to help us decide whether we can accept your mortgage application, and how much we can lend.
This valuation is completed either:
Copies will not be provided to you or anyone else.
This information is also available in the Mortgage Tariff (PDF).
A property survey is different to a standard valuation. Whilst a standard valuation helps the Bank understand the value of the property, it does not provide detailed analysis of the condition of the property.
A property survey is optional, and you will need to arrange and pay for it.
There are different levels of property survey available at a various price points, and there may be varied approaches depending where in the UK the property and surveyor are based.
The three types of property survey available are:
We have partnered with LGSS who provide RICS Home Survey Level 2 and RICS/RPSA Home Survey Level 3 property surveys. We do not receive any commission or incentives from LGSS.
If you would like to know more about property surveys and why you might consider having one, or if you are looking to arrange a property survey, please visit the LGSS website.
We cannot currently accept a home report for residential purchases in Scotland. You will need to pay for our standard valuation.
Terms and conditions apply.