Reasonable cost for surveyor to insurance value

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    #1

    Reasonable cost for surveyor to insurance value

    There are 10 flats in the block, but have been charged £1,500 for a survey for insurance value. Is this a fair price. This management company happens to have their own surveyors.

    It is just a three storey block (with flats in the loft).

    What is the going rate?

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    #2
    £50 for an hour of work
    • 1 like

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      #3
      No there is rather more than an hours work involved. I use RebuildCostassessment.com who charge £150 for a valuation of any blocks up to £5M reinstatement cover. They work desktop but are pretty accurate

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