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Professional renewals: FAQs

FAQs

  • Fees and payment

    What is my current fee for the year?

    Your professional fee is calculated based on your status, including the country in which you practise, your grade and any personal circumstances on 1 January each year.

    You might be eligible for a concession if your personal circumstances change. You must apply for concessions prior to 31 December.

    See details of the fees are available

    Pay your fees

    See details of any concessions which are available

    View the terms and conditions of your professional renewal

    When are my fees due?

    Your professional fees become due on 1 January each year.

    RICS operates a 30 day payment term. As such your annual fee becomes overdue on 31 January each year if it is unpaid.

    Professionals who do not currently pay by Direct Debit will receive a renewal notification in early November and will be asked to make payment by 1 January.

    Professionals who pay by Direct Debit will have their renewal fees debited from their nominated bank account on or just after 1 January each year.

    If you pay your fees by quarterly or monthly Direct Debit, your payment will be collected as set out in the payment schedule you receive in early November. If you pay via instalments you will incur a payment handling administrative fee of approximately 4% of the annual fee. This is to cover our additional administrative costs.

    If you pay by instalments then the full amount of any levies, administrative charges and/or Lionheart donation will be collected in the first instalment.

    Pay your fees now

    Why has my fee increased?

    The fee is set by each individual RICS World Region and reflects the qualification, status, support available and RICS brand awareness in our operating markets.

    How can I pay?

    You can renew by credit/debit card, our online service allows you to pay 24 hours a day, seven days a week.

    Subject to certain local restrictions, professionals based in some countries outside of the UK can pay fees in full or in quarterly instalments using credit cards. Payments from outside of the UK may incur an international handling fee (charged by your provider).

    Professionals based within the UK with a UK bank account who want to pay by Direct Debit for the first time, can do so by logging on to www.rics.org/renew and completing an online Direct Debit mandate. We offer three alternative payment terms. You can renew by paying for the whole year where your payment will be deducted on 1 January. You can also make monthly or quarterly payments by Direct Debit. In these instances, your annual professional fee will be increased by 4% to cover our additional administrative costs.

    • Annual direct debit: the total amount will be collected on or immediately after 1 January
    • Monthly/quarterly direct debit: monthly or quarterly direct debit instalments will incur a payment handling administrative fee of approximately 4% of the annual fee. This covers our additional administrative costs.

    Collections will be spread over the remaining 10-month period, with the full amount of any levies, administrative charges and/or LionHeart donation being taken on the first instalment date.

    Collection dates

    Monthly: on or immediately after the first working day of each month from 1 January – 1 October

    Quarterly: on or immediately after the first working day of January, April, June and September

    Can I pay by cheque or direct bank transfer?

    You are able to pay by either of these methods of payment. They are not our preferred methods of payment as there is a greater risk of payment not being allocated correctly if information is missing.

    To pay by cheque please make payable to RICS and clearly write your seven digit RICS number on the back and send it to:

    RICS Customer Services,
    Parliament Square,
    London,
    SW1P 3AD,
    United Kingdom

    To pay by direct bank transfer visit www.rics.org/professionalrenewals and click on “Payment Options” to locate the correct bank details for you to make payment to. When making payment using this method please quote your seven digit RICS number as the payment reference.

    If you have made payment by either of these methods and you continue to receive reminders for payment, it might be that there is insufficient information to enable us to allocate your payment. If this happens please contact us as quickly as possible via email at professionalrenewals@rics.org

    Has my payment been received and processed?

    Once your payment has been received and processed you will automatically receive your new RICS card and receipt – this will usually be within 20 working days of your payment being processed.

    You can also download a receipt online if you need one sooner. This is available via www.rics.org/renew and will be available within 24 hours of your payment being processed.

    During January to April receipts and cards are posted fortnightly. From May these are sent out monthly.

    When will I get my receipt?

    Once your payment has been received and processed you will automatically receive your RICS card and receipt. This will usually be within 20 working days of your payment being processed.

    You can also download a receipt online if you need one sooner. This is available via www.rics.org/renew and will be available within 24 hours of your payment being processed.

    During January to April receipts and cards are posted fortnightly. From May these are sent out monthly.

    When will I get my RICS card?

    Once your payment has been received and processed you will automatically receive your RICS membership card and receipt – this will usually be within 20 working days of your payment being processed.

    During January to April receipts and cards are posted fortnightly. From May these are sent out monthly.

    Why are the fees so high?

    RICS professionals benefit from the status of the brand which promises trust, integrity and a consistent delivery of standards – this gives confidence to clients and provides you with a competitive professional advantage.

    Other professionals, for example accountants, pay additional fees for the professional group/faculty – the typical ICAEW professional pays annual fees of over £600

    What do I get for my money?

    Your RICS credentials command respect from clients and peers by demonstrating that you work to the very highest professional and ethical standards. Your qualification is a prestigious personal achievement to be proud of. It provides you with a competitive advantage in the market and provides your clients unrivalled confidence.

    You have access to over 125,000 professionals worldwide which connects you to other professionals and clients in local and global markets.

    By promoting the value of RICS standards we aim to ensure that professionalism is embedded in the marketplace, which provides the public with confidence and drives further demand for your services

    Our standards, CPD and best practice guidance help you to maintain the highest levels of professionalism and continue to develop your technical and professional knowledge.

    RICS status promises trust, integrity and consistent standards of professionalism; this brings confidence to the market and gives members and member firms a competitive advantage.

    Can I have a VAT receipt for my annual renewal payment?

    The supply of professional fees is exempt from VAT under Article 132(1)(i) Directive 2006/11/EC.

    RICS is an organisation which is approved by HM Revenue and Customs. You may be able to reduce your tax bill by getting tax relief on any professional fees that you pay. See further information.

    Any donation to Lionheart is outside the scope of VAT on the basis that it is a donation to a charity which is independent of RICS.

    What happens if my company forgets to pay my RICS fees on my behalf?

    Each RICS professional is personally responsible to make sure that their renewal is paid every year. We do not chase employers for payment and your status may be cancelled if payment is not received, even if it is part of your contact of employment that your company will pay your fees.

    If you receive a renewal notice or a reminder then you must assume that the payment has not been made and is not going to be made. Under these circumstances you should pay your fees as quickly as possible to avoid putting your status at risk. The quickest and easiest way to do this is to visit the secure online payment system.

    What happens if I am late paying my fees?

    Every year notifications are sent out in November to allow time to arrange payment prior to the fee becoming due on January 1.

    RICS operates a 30 day payment term and as such your annual fee becomes overdue on 31 January every year.

    If fees remain outstanding after this date then we reserve the right to enforce the below.

    R4.4 Failure to pay

    Where a member fails to pay any fees, subscriptions, levies or other sums by the due date, the Chief Executive may:

    • Impose a fee for late payment;
    • Enter into a written agreement with the member for payment by instalments or by a specified date and/or
    • With approval of the Management Board in a case of exceptional hardship, grant a discount (up to a maximum of 100%) in respect of any fee, subscription, levy or other sum.

    R4.4.2 Where a member does not comply with any requirement placed upon him under R4.4.1 and with approval in advance of the Management Board, the Chief Executive may:

    • Pursue court action for payment of sums owed to RICS; and/or
    • Remove the member from membership of RICS.

    What happens if I am removed from RICS?

    If you are removed from RICS then you will be able to be reinstated. This process will require payment of the outstanding renewal fees (in full) as well as any other fee or levy imposed to cover the costs of reinstating.

    If your RICS status has lapsed for a period of 3 months or more then you will be required to undertake a formal readmission. This will involve completion of application forms and a series of checks by our compliance and conduct teams which may take 4-6 weeks to process.

    Full details on how to reinstate your membership are available here.

  • Concessions

    My circumstances have changed: are you able to assist me with paying my fees?

    We recognise how important your professional status is to you and we understand that sometimes your personal situation should be taken into account when your professional fee is due.

    That is why if you fall into one of the categories below you might be eligible for a concession:

    • unable to work due to ill health or incapacity (ill-health concession)
    • no longer working in the surveying profession (non-practising concession)
    • working part time in the surveying profession (part-time concession)
    • no longer working for remuneration (retired concession)
    • unemployed and actively seeking paid work (unemployed concession)
    • on maternity, paternity or adoption leave (maternity/paternity/adoption concession)
    • an academic who derives income from the teaching of surveying related courses in the higher education sector (academic concession)
    • taking time out to raise a family under the age of 16 years old (family raising)

    Claims for new non-practising, part time or unemployed concessions must be made before 31 December to be eligible for the forthcoming fee year. If your circumstances change and you once again become a practising RICS professional you must notify us immediately.

    Any applications for maternity/paternity/adoption, academic, retired or ill-health concessions will be considered after 31 December.

    In addition to the personal concessions show above, you may be eligible for a further discount if you are a member of one of the following international professional bodies:

    • Australia Property Institute (API)
    • Australian Institute of Building Surveyors (AIBS)
    • Australian Institute of Quantity Surveyors (AIQS)
    • Hong Kong Institute of Surveyors (HKIS)
    • Hong Kong  Institute of Housing (HKIH)
    • Institution of Surveyors Australia (ISA)
    • Institute of Surveyors, Malaysia (ISM)
    • New Zealand Institute of Quantity Surveyors (NZIQS)
    • New Zealand Institute of Surveyors (NZIS)
    • New Zealand Real Estate Agents Authority (REAA)
    • Property Institute of New Zealand (PINZ)
    • Singapore Institute of Surveyors and Valuers (SISV)
    • Society of Chartered Surveyors in Ireland (SCSI)
    • South African Council for the Quantity surveying profession (SACQSP)
    • South African Council for the Property Valuers Profession (SACPVP)

    If you wish to apply for a concession please complete the online application form.

    Only one personal concession can be applied for in any renewal year. If your circumstances change during the year then you will need to notify us and the full fee will then become due.

    Professional fees are not available on a pro-rata basis, with the exception of the part-way retired concession.

    I was granted a concession this year, will I need to re-apply for next year?

    Professionals who are granted the retired, non-practising, part-time, academic or dual membership concessions will not need to re-apply as these concessions carry forward automatically.

    If your circumstances have changed and you are no longer eligible for one of these concessions then please let us know immediately as you will be required to pay further fees.

    The ill-health, maternity/paternity/adoption and unemployed concessions only apply to the current renewal year and therefore professionals in receipt of these concessions must re-apply every year.

    We expect professionals claiming concessions will do so honestly and diligently. False or incorrect claims will be viewed as conduct issues and referred to Regulation for disciplinary action, which may ultimately lead to expulsion. As part of our routine processes RICS audits a percentage of concession requests. You may be required to submit evidence in support of any claim for a discounted rate. RICS reserves the right, in its full discretion, to decide whom it will make further enquiries with and the information it may require.

    I have applied for a concession, how will I know it has been approved?

    If you have applied for a concession online you will receive an email from us almost immediately to confirm that this has been applied to your account.

    If you have applied using a paper based application form, you will receive an email notification from us once your application has been approved.

    Can I apply for a concession after 31 December?

    Applications for concessions made after 31 December will not be approved, unless you permanently retire from the surveying profession during the year and do not intend to take up other employment; you or your partner become pregnant or adopt a child under the age of 16 or you are unable to work due to ill-health or incapacity.

    If you retire part way through the year then you can apply for the retired concession, which will be applied on a quarterly pro-rata basis from the start of the next quarter, for example:

    • before 31 December – receive full 90% discount
    • between 1 January and 31 March – 75% discount
    • between1 April and 30 June – 50% discount
    • between1 July and 30 September – 25% discount
    • between1 October and 31 December – no discount

    If you apply for the maternity/paternity/adoption concession before 30 June it will be applied to the current year’s renewal fee, if it is after this stage it will be applied to the following year’s fees – no refund will be issued.

    If I am granted a concession am I still required to fulfil my obligations to complete 20 hours of CPD per year (10 formal and 10 informal)?

    Professionals who are in receipt of either a “non-practising/no longer working in the surveying profession” or a “retired/no longer working for remuneration” concession are exempt from being required to record continuing professional development. However, there may be exceptions to this rule based upon the amount of time spent practising within a 12 month period. Please refer to the frequently asked questions on CPD here

    It is important to note the terms and conditions around concessions; a professional is able to offer professional advice provided it is unpaid and if they offer such advice they must carry PII and fully comply with the CPD obligations. Full details of the terms and conditions can be found here

    We do, however, strongly encourage those professionals who are currently registered as non-practising but do intend to practise at some stage in the future to keep their CPD up-to-date. This will ensure that their knowledge and skills are up-to-date when returning to practise; it will also be advantageous to keep their skills and knowledge up-to-date if they are seeking employment.

    Professionals are considered to be non-practising or retired if they no longer work within the surveying profession for remuneration. The surveying profession is defined as any activity or specialism within the responsibilities of any of the Professional Groups, irrespective of their employment sector or practising circumstances.

    RICS aims to ensure and facilitate CPD for all RICS professionals regardless of their background.  If there are extenuating circumstances, such as disability as defined under the Equality Act 2010, long term illness or other compassionate grounds, then exceptions may be made and these will be dealt with on a case by case basis. 

    This may include reasonable adjustments in the number of hours undertaken or an alternative method of recording CPD.  If you believe you are unlikely to meet the minimum requirements or require support in recording CPD then you should contact RICS as soon as possible for further advice and well before the recording deadline of 31 January.

    I do not practice as a surveyor – can I have a concession?

    If you carry out work on a daily basis which is not connected in any way to land, property, construction or one of the Professional Groups then yes.

    What do you classify as surveying-related work?

    Surveying related work is a very broad category – it is anything that is associated with land, property or construction, or any activity which falls under the remit of any of the professional groups.

    Fees received as an RICS Assessor or as an examiner/lecturer for a surveying related qualification do not count, unless the amount (before tax) will be more than 10 times the annual renewal rate.

    I am not using my designation within any working capacity, or on any letterhead or email – therefore am I allowed the non-practising concession?

    It is the nature of the work that you are undertaking and the role that you are employed in, not if you are using the designation.

    I am a Director or Executive Director, but I receive no salary and my name does not appear in print – am I allowed the non-practising concession?

    If the company of whom you are a director is a surveying related company then you as a director would be responsible for the work that the company carries out.

    A concession in this category is available for professionals who are no longer working for remuneration and do not expect to return to work in the future for remuneration. For this purpose, the re-imbursement of expenses and the receipt of dividends from a company are not “remuneration”, but payments to Executive Directors of companies are considered remuneration.

    However, payments received for services as a Non-Executive Director are allowed, provided the professional received no other remuneration and does not expect to return to work in the future for remuneration.

    In either of these cases the retired concession would apply and this reduces the annual fee by 90%.

    I buy and sell properties for myself, I do not survey them or use my designation – am I allowed the non-practising concession?

    No because you are earning a living from working in the property sector which is deemed as surveying related work.

    I am retired and collect rent for the properties that I own, this is a family business – can I have a concession?

    No because you are involved with property management and the lettings market, therefore it is in the property sector and surveying related. Concessions would be allowed if the property portfolio is pension related.

    I am travelling for six months and will return to work later in the year, can I have a concession?

    You can, however you must apply for this before the deadline of 31 December, prior to the fees becoming due. When you return to work you must inform us immediately and then pay the full annual fees that are due for that year.

    I no longer work in my field as a Quantity Surveyor can I have a concession?

    The concessions are not based on if you are still working in your chosen surveying category, for example QS, but whether you are working in the property profession.

  • Contact details

    What happens if you do not have my correct contact details?

    Payment is due on 1 January each year and we send out renewal notices at least four weeks prior to the last postal address/email address we hold for you. 

    It is your responsibility to make sure we have your correct contact details. If you think that we do not have your correct details, then please log onto your online account where you can view and amend the data that we have for you. You can also build your online profile which will be visible to other professionals and members of the public.

    How can I reset my password?

    If you have forgotten your password, please reset it

    Is my address correct?

    You can view and amend the contact details we hold on you by logging onto your online account. You can also build your online profile which will be visible to other professionals and members of the public.

    I do not appear to have received any renewal notification or reminders – is there a problem?

    We make every effort to ensure you receive all necessary communications from us, but you need to keep us informed of your correct and most up to date contact details. If you have not received anything from us it could be the details we hold are incorrect. You can view and amend the details we hold on you by logging onto the member section our website. You can also build your online profile which will be visible to other professionals and members of the public.

    Alternatively, it may be that your company has agreed to pay your fees on your behalf. You should check with your firm to verify this as it is your responsibility to ensure that your professional fees are paid on time, to avoid penalty.

    Can my employer/other third party call to discuss my fees?

    We cannot discuss your fees or payments with any other third party without your express permission. If someone contacts us on your behalf and we do not have this permission in place then we will refuse to enter into a discussion until we have your consent.

  • What is LionHeart?

    LionHeart is an independent charity run for RICS professionals and their families, providing advice, information, support, counselling and finance assistance to those who experience difficulties including bereavement, ill-health, disability, accident, unemployment, family problems and difficulties in retirement.

    Hundreds of RICS professionals and their dependants are helped by LionHeart every year.

    Each year we ask RICS professionals to include a voluntary donation to LionHeart when paying their annual subscription.

    As this is a voluntary donation you can change the amount that you donate – this will either be shown on your renewal notification or if you wish visit www.lionheart.org.uk to make a direct payment to them.

    If you are a UK taxpayer you can increase the value of your donation by opting to make a GiftAid declaration.This can be done online (by ticking the box next to the GiftAid statement) or by visiting LionHeart's website and putting a tick in the box under GiftAid.

  • How do I resign from RICS?

    We can only accept your resignation in writing which can be sent via email to contactrics@rics.org or by letter to:

    RICS Customer Services
    Parliament Square
    London
    SW1P 3AD
    United Kingdom

    Please be aware that we will contact you to discuss the reason for your resignation and may try to find a way to help you retain your RICS credentials. If it is not possible then we will ask you to complete a survey to help us understand in more detail the reason for your resignation and identify any potential service improvements for the future.

Learn more about RICS membership