-
Down valuations 'are rising in the mortgage market'
25 Mar 2025 15:15 GMT
… Services, acknowledges that down valuations are causing delays and … many already suspect - valuations are subjective and … evidence. When dealing with remortgage cases, lenders may choose … compared to traditional full physical valuations, he said.
“Ultimately, …
-
UTB offers free valuations on residential mortgages
31 Jul 2024 14:24 GMT
… (UTB) Mortgages has introduced free valuations on residential mortgages for its … first charge applications, including purchases, remortgages, first-time buyer (FTB) loans …
-
Rates have fallen since we agreed our remortgage: Can we switch to a cheaper deal before it starts?
15 Jul 2024 12:18 GMT
My husband and I are in the process of remortgaging. Our current mortgage ends in August, but we sorted out the new one ahead of time in early June.
We stuck with the same bank and got an offer for a five-year fixed rate at 4.55 per cent, one of the …
-
Our mortgage valuation says the house we're buying is worth £40,000 less: What should we do and can we appeal?
09 May 2024 07:05 GMT
… a surge in down valuations, which can cause serious … pay.
How are mortgage valuations done?
The asking price …
Ravesh Patel replies: Many valuations at the moment are indeed … few cases successfully appealed.
For remortgages, the same principle applies, …
-
Mortgage approvals increase by thousands with remortgage agreements also rising
02 Apr 2024 10:16 GMT
The number of mortgage approvals made to home buyers increased from 56,100 in January to 60,400 in February, according to Bank of England figures.
Approvals for remortgaging also increased, from 30,900 to 37,700 during this period, according to the Money …
-
Homeowners hit as 'down valuations' cause mortgage headaches
25 Feb 2024 10:08 GMT
… numbers of homeowners who remortgage are being forced to … weeks and have cut property valuations, with one broker seeing … Meanwhile, those who need to remortgage could be squeezed into lower … rates to surge.
‘Down valuations’ occur when a surveyor disagrees …
-
Homeowners hit as ‘down valuations’ cause mortgage headaches: Cautious surveyors knocking down prices
25 Feb 2024 09:42 GMT
… numbers of homeowners who remortgage are being forced to … weeks and have cut property valuations, with one broker seeing … Meanwhile, those who need to remortgage could be squeezed into lower … rates to surge.
‘Down valuations’ occur when a surveyor disagrees …
-
Shawbrook offers limited company remortgages with PEXA
12 Jan 2024 04:35 GMT
The successful completion of Shawbrook’s first limited company remortgage using PEXA took place in partnership with the customer’s broker, Clever Lending. The transaction involved a professional property investor with an 11-property portfolio. Leveraging …
-
Kirsty McLuckie on online tools and home valuations
23 Sep 2023 08:07 GMT
… and maintenance.
For the last remortgage, I was asked the value … more accurate than most online valuations.
You upload four images – exterior …
-
My son and his partner bought a new build with Help to Buy - do they now lack the income to remortgage?
14 Sep 2023 05:53 GMT
My son and his partner brought a new build property in July 2019 for £280,000 with a mortgage through Nationwide Building Society.
This was funded through a deposit of £48,000, a mortgage of £176,000, and a government 20 per cent interest-free Help to Buy …