This may include a non-refundable administration fee and must normally be enclosed with the application. The whole fee is non-refundable once the valuation has been carried out. The type of valuation you choose will depend on factors such as the age and condition of the property and whether there is any history of subsidence in the area. Basic mortgage valuation This is for the lenders own purposes confirming the property provides security for the loan. You may wish to consider one of to more detailed types of survey. Homebuyer's report This provides concise information in a standard format on the state of repair and condition of the property. The report will include comments on the property's defects and the valuer's opinion as to its marketability Full structural survey This is a structural report based on a detailed examination of the property. Any areas of concern that you might have about the property will be investigated. Click here now to find out how we can help you through the mortgage mine field to the best deal for YOU!
All our advisors at MLM are trained to the highest standard possible to ensure they are able to find the best deal for your financial circumstances.
Your home may be repossessed if you do not keep up repayments on your mortgage.