A valuation is an inspection carried out on behalf of your mortgage lender to determine the amount and terms of a mortgage offer.
Your mortgage lender will probably ask you to pay for the valuation and will send you a copy of the report.
A valuation is not a survey. It's a limited inspection to identify problems that affect the security of your mortgage lender's loan. A property can have defects that are critical to a prospective buyer, but are not of concern to the mortgage lender and therefore won't appear in a valuation report. That's why you should not just rely on the information provided by a valuation when deciding whether or not to purchase a property.
We are also pleased to provide Valuations for Capital Gains Tax, Inheritance Tax and Matrimonial purposes.
Telephone: 01670 513 533 | Email: firstname.lastname@example.org