Your property may be repossessed if you don't keep up repayments on your mortgage.
Our valuation fee depends on the property value. Please note that mortgage valuation fees are non-refundable, even if the application does not proceed.
Property value up to |
Standard Valuation Fee |
Standard Valuation Fee (HMO/MUFB) |
|---|---|---|
| £200,000 | £130 | £525 |
| £250,000 | £180 | £550 |
| £300,000 | £200 | £600 |
| £350,000 | £240 | £675 |
| £400,000 | £250 | £700 |
| £450,000 | £275 | £725 |
| £500,000 | £300 | £775 |
| £600,000 | £345 | £825 |
| £700,000 | £420 | £925 |
| £750,000 | £420 | £1000 |
| £1,000,000 | £550 | £1250 |
| £1,250,000 | £755 | £1650 |
| £1,500,000 | £875 | £2000 |
| £1,750,000 | £995 | £2300 |
| £2,000,000 | £1,200 | £2600 |
| £3,000,000 | £1,400 | £3300 |
| £4,000,000 | £1,810 | £3600 |
| £5,000,000 | £2,220 | £4500 |
| £6,000,000 | £3,720 | £5250 |
| £7,000,000 | £4,440 | £6250 |
| £8,000,000 | £5,070 | £6750 |
| £9,000,000 | £5,695 | £7500 |
| £10,000,000 | £6,320 | £7750 |
| Over £10,000,000 | POA | POA |
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.
| Name of charge | What this charge is for | How much is the charge? | |
| Re-inspection fee | If your mortgage is released in stages or you’re using it to renovate your home, this covers the new valuation we need to do after the work’s carried out. | £50 | £250 (HMO/MUFB) |
| Re-valuation fee | This is charged if the valuation completed on the property has expired and a further valuation is required to extend the mortgage offer. | £80 | Standard Valuation Fee (HMO/MUFB) |
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.