Valuation Fee
15/06/2021
Whether purchasing or remortgaging the Lender undertakes a valuation of the property to ensure it provides adequate security.
The charge is borne by the borrower and increases exponentially with the valuation/purchase price.
There are 3 levels of valuation: in order of increasing detail these are:
- Basic
- Homebuyers’ Report
- Structural survey
The more detailed the valuation, the higher the fee.
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