PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

ARLA registered letting agency rent valuation required by let to buy lender

Need some direction here please. I have been asked to produce a letter by my lender for a rental valuation of my property so they can put that against my mortgage application for income purposes.

Can someone please let me know who I can use that is ARLA and cheap? I called a local agent and they charge £100 plus VAT for this letter. Can anyone guide me on how I can get this done cheaper?

Comments

  • I don't see any option but to call a local agent...

    Is £120 that high?
  • 5abi
    5abi Posts: 96 Forumite
    I don't know what high or low is for this hence the question. £120 is £120 to answer your question.
  • Fire_Fox
    Fire_Fox Posts: 26,026 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Ring more local letting agents. Check the ARLA website.
    Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I't pretty obvious really. Either shop around for a cheaper quote or negotiate the fee with the agent. If you indicate you are likely to use other services of theirs (tenant-find, lettings management etc) they may be more willing to discount the fee.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.7K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 452.9K Spending & Discounts
  • 242.6K Work, Benefits & Business
  • 619.4K Mortgages, Homes & Bills
  • 176.3K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.