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What is the purpose of a quantity surveyor?
Known in the industry as a Construction Cost Consultant or Commercial Manager, their role is to keep a close eye on project finances and contractual relationships. They make sure that the financial position of construction projects is accurately reported and controlled effectively.
What is a quantity surveyor salary UK?
Salaries for trainees and graduate apprentices range from £18,000 to around £28,000, depending on your experience. Newly trained chartered surveyors can earn around £25,000 to £35,000. With experience you can earn around £35,000 to £55,000. Salaries at management level range from around £50,000 to in excess of £80,000.
What does a quantity surveyor earn in London?
Quantity Surveyor Salaries in London Area The average salary for Quantity Surveyor is £46,573 per year in the London Area. The average additional cash compensation for a Quantity Surveyor in the London Area is £1,997, with a range from £633 – £6,297.
How much do QS charge?
How Much Does a Quantity Surveyor Cost? The fee will obviously depend on the scale and complexity of the project but as a general guide, you can expect to pay typically around 2% of the project value.
Do I need a QS to build a house?
It is not necessary to use a QS on every building project. Larger-scale projects will naturally have higher cost risks and using a QS would be the more sensible option, to provide the complex knowledge required and professional management of the tender and construction process, through to the final account.
Are Quantity Surveyors worth it?
However, while Quantity Surveyors play an important role in the successful delivery of construction projects, that’s not all they do. For example, a Quantity Surveyor is incredibly valuable for boosting your investment property tax deductions.
Is it worth hiring a quantity surveyor?
Like any professionals in the building industry, a good QS will add value to the project at several stages during design and construction. Their services should never be considered a superfluous cost, but they are most valuable on large or complex projects where budgetary control is imperative.