Focus On
Valuations
Unlike the residential market these tend to be negotiated on a case by case basis dependant on expected value.
They are more expensive than residential valuations.
They can take longer than residential valuations.
Care – lenders all have their own valuation panels- and will only accept valuations in a certain format from specified valuers.
Tip
- Do not engage a valuer without talking to E1 first – to avoid risk of having two valuation fees to pay.
Our own rough guide to valuation fees is as follows;
Valuation fees
- Unlike the residential market these tend to be negotiated on a case by case basis dependant on expected value.
- They can take longer than residential valuations.
- They are more expensive than residential valuations.
- Care-lenders all have their own valuation panels and will only accept valuations in a certain format from specified valuers.
Tip
- Do not engage a valuer without talking to E1 first – to avoid risk of having two valuation fees to pay.
Our own rough guide to valuation fees is as follows;
| Value | Possible fee inc Vat |
| > £200k | £500 — £600 |
| > £300k | £600 — £ 850 |
| > £400k | £650 — £950 |
| > £500k | £750 — £1,200 |
| > £600k | £850 — £1,400 |
| > £750K | £1,000 — £1,750 |
| > £1M | £1,300 — £2,000 |
Care Development deals cost more given the additional work involved.
The above should be used as a guide only
Good news; E1 always approaches two valuers on every application to get the best price for your client
An example of some of the valuers on our panel
