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Remortgage valuation
secondtoughest
Posts: 234 Forumite
I am 3 years into a 25 year mortgage, and am coming to the end of my initial fix.
My lender Yorkshire have told me that their valuation of the property is just over 75% LTV which means my re-mortgage deals aren't as competitive. They have offered to re-value it for £75.
My question is: will Yorkshire only use their own valuer/surveyor for this valuation or can I instruct an independent one? What are the benefits, if any of doing this?
My lender Yorkshire have told me that their valuation of the property is just over 75% LTV which means my re-mortgage deals aren't as competitive. They have offered to re-value it for £75.
My question is: will Yorkshire only use their own valuer/surveyor for this valuation or can I instruct an independent one? What are the benefits, if any of doing this?
2016 diet challenge 16lbs/42lbs lost
2014 MFW #114: £5000 overpayments made
2015 Savings Challenge #65: £6000 saved
2014 MFW #114: £5000 overpayments made
2015 Savings Challenge #65: £6000 saved
0
Comments
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They will wish to appoint the valuer. So little you can do.0
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