I've always assumed it was a nice little stitch-up between the lender and the "surveyor"
I assume that the way it works is that the "surveyor" walks round and notes "does it have gas", "does it have a flat roof" etc. He then returns to his office and ticks the boxes on a little program that spits out the relevant paragraphs saying "this house has a gas fire - get an expert in", "this house has walls, get a damp proofing expert in".
When I bought this house he looked in the roof and saw it had a steel frame[*]. Utter and complete panic. Obviously things like this aren't covered in Sams teach yourself house surveying in 24 hours.
Se we called in a structural engineer. He charged less than the building society endorsed scam merchant, said positive things about things that the computer had been negative about (condition of the masonry for the date etc), and - most importantly - spotted the only thing that has actually gone wrong since we moved in 7 years ago, and which the "surveyor" had failed to spot: that there was no lintel over the garage window (the two layers of bricks above have since dropped and I must get round to replacing them).
I can only assume, as I said above, that 50% of the profit gets given back to the lenders.
If I ever move again, I'm going straight for the structural engineer and hang the rest of them.
[*] - to be fair it is an odd building - the walls consist of a single brick outer leaf, then a cavity, and then a 9" inner leaf. Lovely and soundproof, and lots of space to put junk on the window ledges.