hsbc standard valuation

manikm

my mortgage is borderline 90% LTV - if i go for a remortgage with hsbc and the valuation does hit what i need (not high enough) to get the rate i want - do i lose the entrie £185 fee valuation fee or just 30 odd quid?

thanks!

_Andy_

AFAIK you shouldn't lose anything - not sure what the £30 is you're referring to though.

ema_o

I think you usually have to pay for the valuation regardless of the outcome, I'm not sure where the £30 came from either! I would give HSBC a call and check for sure though.

manikm

** HSBC Bank plc, Standard Valuation Fee Scale

The cost to customers, including VAT (UK only), for residential property valuations is detailed below. The valuation fee quoted includes a £35 non-refundable administration fee payable to HSBC Bank plc.

and the valuation report is £175 for property up to 200K (mine)

So when they valued mine, it didnt reach 180K which is what i need it to be valued at to get the rate - how much do i lose out on? the full £175 or just £35