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From my experience, and of course it could just be me... (and the fact my budget was small).
I had 3 architects come round, all were confident we could get what we wanted within budget, it'll be tough, but it's doable.We chose a decent but cheap architect (around 1/2 the price of the others who wanted 10K wish for stages 1-5) and we are now at the final costing stages, where they price it down to the nails (these guys do build to) and we are currently looking at 20k over budget for an extension that is about half the size they all claimed was possible.
Not sure what I am suggesting your talk away is from that, but I would be inclined to suggest architects are terrible at estimating costs.
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http://www.ssarchitects.co.uk/
(my wife’s practice..)
I'd love an architect to come and look at what we might be able do to the rear lower ground floor of our (4 storey victorian mid-terrace) place. What i'd like is someone to visit, come up with a few ideas within a pretty broad brief and produce some concept sketches. Does that count as RIBA 2? Any idea what I should look for and what I should budget? Any recommendations?