David Pérignon Expertises offers three types of survey. A mortgage valuation can be required by a mortgage lender as a condition of obtaining a mortgage loan (read more about the mortgage credit directive). The homebuyer may choose to instruct the surveyor to carry out a Homebuyer’s Survey and Valuation or a Full Building Survey, usually at additional cost.
A mortgage valuation is for the benefit of the lender. Its purpose is merely to confirm the property is worth the price paid, in order to protect the lender’s interests. The cost is based on the size of the property, and is typically €300 to €1 000.
Homebuyer’s Survey and Valuation
Appropriate for smaller or more modern properties, a Homebuyer’s Survey and Valuation provides more detail on potential problems and advice for the buyer on how the property should be maintained. Costs start at €400 on average.
Full building survey
A Full Building Survey is the most detailed survey available. Appropriate for larger or older properties. Thorough though it is, it may still lead to recommendations for further investigation from other specialists. This type of survey typically costs upwards of €600.
Surveyors are not necessarily specialists in other fields, and may recommend further surveys by an electrician, a gas engineer, a structural engineer or expert of another kind, depending on what they find during their inspection.
The inspection is typically non-intrusive. They do not have the authority to lift floorboards, drill holes, or perform excavations at a property which the prospective buyer does not, at this stage, own, which means that certain defects or problems may not be apparent from their inspection.
For a Home buyer’s survey and valuation of a property located in Provence Alpes Côtes d’Azur, David Pérignon Expertises proposes fixed prices:
- apartment studio, 1bed up to 60 sqm 380 € including VAT.
- apartment 2bed up to 120 sqm 480 € including VAT.
- Apartment, house 3/4bed up to 120 sqm 680 € including VAT.
- Other (use the form to obtain a quote).
Remember a Home buyer’s report and valuation gives both a valuation and more information on the condition of a property and likely repair costs.