Valuations for remortgages

Arianwyn

I'm about to come to the end of my current mortgage deal and want to remortgage with a different provider but am nervous about the valuation as I'll be right around the 75% LTV mark. Can anyone give any guidance on how a valuation for remortgage might compare with things like the Nationwide house price calculator?

I bought in April 06 for £187,500 and the Nationwide calc is reckoning a value of just under £186k now. That would be fine, but if the valuation's under about £175k then I'd need the new mortgage to be more than 75% LTV. I don't want to waste money trying to get a mortgage with a max LTV of 75% if the valuation's unlikely to be high enough, but obviously I want to get the best deal possible.

TIA

TEDDYRUKSPIN

I would not trust any online market valuation. Completely pointless. Since two years ago, none of the online house valuations can be accurate.

Unfortunately, you will have to go through the mortgage application per lender. They will instruct either a market valuation or a drive by.