A valuation is not a survey
If there’s one misunderstanding we deal with daily, it’s that many mortgage applicants expect our valuer to conduct a survey when, in reality, he/she is there to carry out a mortgage valuation.
If there’s one misunderstanding we deal with daily, it’s that many mortgage applicants expect our valuer to conduct a survey when, in reality, he/she is there to carry out a mortgage valuation.
While there’s no one-size-fits-all answer, it’s advisable to view a property more than once before taking the plunge. Here we’ll take you through some of the things to think about to help ensure you’re making an informed decision on your property purchase.
Buying a house is expensive, but the more thorough your checks on your chosen area, the more likely you are to find somewhere you love and won’t want to abandon.
Negotiating the purchase of a property can be a challenge, and emotion can often cloud sound financial judgement. Before making an offer consider the following tactics to help secure the best deal.
A mortgage valuation will confirm to your lender whether your chosen property is worth the amount you have offered to pay.
This will help to ensure that you go into the house buying process with your eyes open – reducing the risk of expensive issues emerging at a later stage.
Over 5 million homes are at risk of flooding in the UK. Therefore, it is vital that home owners are clued up on how to reduce the risk to property if flooding occurs.
Why get a survey before buying your dream home? You may be surprised at the hidden repair costs if you choose not to, and peace of mind is invaluable.