Will I need a valuation on my property, what will it cost and who will arrange it?
We will require a property valuation. This may be done using an AVM (Automated Valuation Model), or by a valuer visiting the property.
Your mortgage broker will ask us to instruct the valuation on your behalf. Any valuation fees payable can be confirmed by your broker or ourselves prior to application. The cost will be dependent on the location of your property and its value. Valuation fees must be paid upfront, are non- refundable and cannot be added to the mortgage balance.