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How long does it take to get a valuer around?

Someone is buying our house, and has asked his mortgage broker to arrange for a valuer from the mortgage lender to come and value our house.

How long does it usually take for someone to come over to value, does anyone know?

Thanks

Comments

  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
    1,000 Posts Combo Breaker
    edited 10 December 2012 at 8:36PM
    Depends if their broker has asked the lender not to go to valuation until successful status checks of the applicants have been completed (so as to not waste a survey fee if they should fail 1st stage underwriting).

    All things being equal I would expect to be contacted within an absolute max of 2 weeks of your acceptance of offer - but it can and is usually much earlier than this, esp if they already have a DIP, or no restriction is placed on the surveyor being instructed as soon as the app is keyed.

    Hope this helps

    Holly
  • Once we'd proved our income the valuer was out within 48 hours.
  • SG27
    SG27 Posts: 2,773 Forumite
    We applied to ybs online on a Sunday and the valuation was carried out Tuesday!
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