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MORTGAGE VALUATION REPORT |
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This
is a limited inspection of a property required by Banks
and Building Societies. It deals primarily with the value
of the property in its present condition. It will not
report in detail on disrepair items unless they are so
severe that they may affect value or saleability. The
surveyor will take into account what can be reasonably
seen within the property, without moving the furniture
and carpets, and also the general external condition of
the main components that are visible from ground level
within the site or publicly accessible areas.
This report should not be used as the only basis for
deciding whether or not to buy.
The only way to be sure is to have a HOMEBUYER Survey
and Valuation Report or Building Survey, both of which
can be carried out in conjunction with a Mortgage Valuation
Report for your lender, thereby making a saving on fees.
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