Mortgage Surveyor - The role of a Chartered Surveyor & our available Mortgage help!
A Chartered Surveyor (occasionally referred to as a Mortgage Surveyor) is a professionally qualified expert who undertakes property inspections.
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Here we take a more detailed look at Chartered Surveyors / Mortgage Surveyors along with the work they undertake and the difference between a property survey and a property valuation. We also offer details of how we can help arrange a Building Survey or Property Valuation on your behalf as well as your mortgage, even in the trickiest of circumstances!
Table of Contents:
What is a Chartered Surveyor?
So, what is a Chartered Surveyor, and what does a Chartered Surveyor do? Well the Chartered Surveyor (who may sometimes be referred to as a Mortgage Surveyor) is a professionally qualified expert who undertakes property inspections.
There are of course many different types of surveyors, but for our purposes, we mean those professionals that are connected to the United Kingdom property market, and who are generally qualified by examination and experienced as Members or Fellows of the Royal Institution of Chartered Surveyors (RICS).
The role of a Chartered Surveyor
During the course of his work, a professionally qualified surveyor will be involved with:
- site conditions
- boundaries
- property elevations
- easements, including rights of way, and other rights over a particular property
- drainage
- mains services
- methods of construction and materials
- property types
- property condition
- establishment of defects
- cost of works
- restoration
- conservation
- energy efficiency
- valuations
The Property Survey Report
The Chartered Surveyor will, on instructions, carry out a property survey, and set-out his findings in a document known as a Property Survey. Generally, unless specifically requested the property survey report will not contain a valuation.
What is the difference between a Property Survey and a Property Valuation?
So, you might be wondering what the difference is between a Property Valuation and a Property Survey. Well, let's take a look...
Property Valuation:
In essence, a Property Valuation is merely an estimate of a property's worth. It will contain general information about the property, although this is not meant to be a warranty, but merely an indication that the property will act as suitable security for mortgage purposes.
Property Survey:
A Property Survey on the other hand is usually a comprehensive document that states in detail, amongst other things:
- the extent of the property
- the number of rooms, and description of each room and its condition
- the overall condition of the building
- any defects
- the cost of remedial works
- the property boundaries
- main services to the property
- drainage
- a valuation (if requested)
Can Shire Direct organise a Building Survey or Property Valuation on my behalf?
Yes, absolutely!
If you are thinking of buying a property, and require one of the three types of property survey or valuation:
- Basic Valuation for Mortgage purposes
- Home Buyers Report
- Building Survey (Full Structural Survey)
and would like further information on fees and other costs, please call us, and speak with one of our qualified Mortgage Advisors. You'll find our approach to be helpful and friendly. Our freephone line 08000 282 281 is open until 10.00pm daily - including weekends, so call us now, you'll be glad you did! Alternatively you can also enquire online at any time.
Could Shire Direct help me arrange a Mortgage?
We certainly can, yes!
We will provide you with both advice and a recommendation on a mortgage product drawn from our extensive portfolio of lenders and plans contained within our lender panels that are designed to cover your requirements, needs, and aspirations - whatever your circumstances!
As you probably may have already discovered, the mortgage marketplace of today is quite complex, and you may be finding that getting the right mortgage product for you can be daunting. That's where Shire Direct can really help! Our lender panels are geared to provide a comprehensive selection to enable us to be able to provide the most appropriate scheme for you. We are confident that you will find our approach to be slick and pragmatic. We'll provide you with a rapid in-principle decision, and we work closely with the lender, solicitor and property valuer to ensure we achieve a suitable offer of mortgage as quickly as possible.
Our qualified Mortgage advisors are available seven days a week to discuss the options open to you, naturally we'll carefully assess your circumstances, needs, requirements and aspirations and come up with the most appropriate solution for you.
You'll find our service to be friendly yet professional,helpful and unstuffy, so please don't hesitate to Contact Us if you would like to discuss your requirements, naturally without obligation. Call us today on Freephone 08000 282 281 (from 8am to 10pm - everyday including weekends), or enquire online at any time, and we'll be delighted to provide you with an in-principle decision, whatever your circumstances!
Hopefully we've managed to explain the role of a Chartered Surveyor / Mortgage Surveyor and how we can help with arranging a Building Survey or Property Valuation for you, together with a Mortgage, even in the trickiest of circumstances. If you think we can help, we're only ever a free telephone call or couple of mouse clicks away and would love to hear from you!
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There are no upfront broker fees.
However, a fee may be charged on successful completion. An indication is that on conforming cases (straightforward applications with no or minimal adverse credit) a fee may be charged of up to 1% of the amount advanced, typically £795 and will depend on your circumstances.
For non-conforming cases (where case research and processing may be more complex due to adverse credit or unusual circumstances), a fee may be charged of up to 3% of the amount advanced, typically £1,995.
THINK CAREFULLY BEFORE
SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Adding existing debt to your mortgage will increase the repayment term and overall cost.
Are you worried and becoming stressed because you are having problems getting a mortgage or remortgage? Worry and stress no more! Here at Shire Direct we provide tailor made mortgage solutions to suit you, and can usually help with all kinds of circumstances including...
Remember, we're here to help, and would love to hear from you!
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