FTB: should I get house rebuild valuation as well as level 2 survey?

[bluemidnightblue]

FTB here, on my second attempt to buy a house after the first purchase fell through.

My mortgage provider just did a desktop valuation and didn’t send anyone out. I’m getting a level 2 survey and want to use the same company from last time as they were brilliant (they called me to go through all the findings and were really thorough and helpful). They charge extra for valuations.

I wasn’t going to bother getting a valuation as my mortgage provider has done this, but I’m wondering if it’s worth it to get a rebuild value for buildings insurance (as I won’t have this from my mortgage provider)?

Thanks for any advice!

Or at least I think they charge extra - not quite ready to request a quote yet. Thanks for any advice!

I would, for the buildings insurance as you say. DH organised our survey recently and didn’t bother and I suspect we are now paying a bit over the odds for buildings insurance as I have absolutely no idea of rebuild value!

I think on the RICS website there is a re-build calculator for general use :) there are a few others online too.

Thanks both!

I would say that just because a company were amazing one time it doesn’t mean they will be
next time. We had 2 surveys with the same big company and the first surveyor was amazing, talked through everything, even went back to the house to check something for us.

The second one could not have cared less. There was a massive difference between the reports as well, despite same level, same company and same cost.

Thanks but it’s not a big company. It’s a small local firm and I can probably have the same person again.

@bluemidnightblue Ah fab, good luck!

We're buying now, they only did desktop survey. I didn't even think to have our own valuation done, but I wouldn't bother. We didn't when we bought before.