Calculating mortgage value

Mortgage valuations for lending institution

SURVEY & VALUATION

Mortgage Valuations Independent Valuations Homebuyer Report Building Survey Specific Defects Analysis Leasehold Reform

BUILDING SURVEYING

Schedules Condition Reports Project Management Architectural Insurance Assessment

A mortgage valuation is a brief report prepared for lending institutions (Banks/Building Societies). It looks at the value of the property to check whether it is suitable for a mortgage – that is to say, it is worth the money they are going to lend you for it. Whilst you may receive a copy of the report from the lender, it will not specify any defects the property has.

Accordingly, you should never rely upon a mortgage valuation to make a purchase decision.

It is not a survey. If you’re unsure what type of survey you should have for your property, please call our expert customer service team for free advice on 0800 876 6002.