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Nationwide valuations?

Newbird
Posts: 488 Forumite
Anyone know about NW vaulations, are they accurate, or not?
I know they do drive bys, but does anyone have any knowledge of how they work, I mean do they tend towrads a low or actual figure compared to current market trends?....any inside info if anyone has had any homebuying valu figures?
I'm just looking at re-mortgaging with them, but have not had our place valued for many years...
thx
I know they do drive bys, but does anyone have any knowledge of how they work, I mean do they tend towrads a low or actual figure compared to current market trends?....any inside info if anyone has had any homebuying valu figures?
I'm just looking at re-mortgaging with them, but have not had our place valued for many years...
thx
Bless Martin's Little Cotton Socks. I thank him for giving us MSE. Look what its grown into!
MFW = ASAP #124
MFW = ASAP #124
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Comments
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LOL.
They are accurate to them! They no longer just do drive bys. They will carry out two survey. Market valuation and will this go to your house!Motto: 'If you don't ask, you don't get!!'
Remember to say thank you to people who help you out!
Also, thank you to people who help me out.0 -
Hi TeddyR - well yes, I know that much - and you could say that about them all.
I'm just wondering cos it will affect my LTV and our house is not a standard house in a standard street and nothing has been sold in my road for many years, for easy market comparison (only 7 houses).....Bless Martin's Little Cotton Socks. I thank him for giving us MSE. Look what its grown into!
MFW = ASAP #1240 -
TEDDYRUKSPIN wrote: »LOL.
Market valuation and will this go to your house!
? - do you mean - Do I think they'll send me the survey?
No, I know they won't, its just a freebie valu for them, but could affect which deal we can secure.Bless Martin's Little Cotton Socks. I thank him for giving us MSE. Look what its grown into!
MFW = ASAP #1240 -
They use Countrywide Surveyors and are usually accurate as can be, it will just be a mortgage valuation report although they may need to have a root round the house if it is a case of there hasn't been many sales in the area0
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Thanks bat2daface, and WELCOME to da MSE forum!Bless Martin's Little Cotton Socks. I thank him for giving us MSE. Look what its grown into!
MFW = ASAP #1240
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