I'm buying a house, can I go along to the valuation?

vb1986

Hello,

I recently posted a thread that my EA said the vendor would withdraw their acceptance of the offer that I made on a house if I did not use the in-house mortgage broker. Thank you to all that helped, I am hoping you might kindly provide me with some more advice.

I made my mortgage application on Tuesday and received a call today that my valuation has been booked in for tomorrow (seems pretty quick to me!). Do buyers tend to go along to these? Would it be a good idea if I did, and if so, what questions should I be asking?

I asked me mortgage lender if I was allowed to go along to the valuation meeting and they said I could. I then asked my EA but he said I was not allowed. When I mentioned that my mortgage lender said I could, he put me on hold for a while, then told me he would ask the sellers if they would allow me to be there.

arbrighton

It isn't usual to go along to the valuation, no.

societys_child

I think the person you should be asking is the surveyor, he's working for the lender might not be too happy about being followed round . .

makeyourdaddyproud

I'm curious as what you expect to discover what the valuer can't.

You sound like a nightmare buyer...

ACG

Ive never known anyone go to the valuation.

Depending on the loan to value he might not even get out of his car to do the valuation. I think it comes down to the vendor and surveyor - nothing to do with the estate agent.

PasturesNew

It's not usual at all. The surveyor is there for the lender. If you'd phoned him up and booked him direct, yourself, for your own purposes, with specific queries/reasons, it might seem reasonable.

As it is, you'd most likely be told "no" and appear to be a loon.

_Andy_

No it's not normal. Whether you CAN or not I guess is down to the vendor and the surveyor.

I can't see that you would gain anything by being there and most likely outcome is that you annoy the surveyor.

japmis

I didn't go to the valuation that was arranged by my mortgage provider but I did meet with my surveyor who carried out the Home Buyers Survey (I met with him in person once it was all over, I wanted to hear the stuff he wouldn't put in writing. It was very useful and he was very helpful).

vb1986

makeyourdaddyproud wrote: »

I'm curious as what you expect to discover what the valuer can't.

You sound like a nightmare buyer...

I'm not sure what has made my original post sound like I am trying to discover something that the valuer can't. My question was whether it is common for buyers to go along, whether I should go, and if so, what I should be asking. I think it's unfair to judge me as a nightmare buyer based on one post - I'm a first time buyer and just don't know how these things work.

My mortgage broker made it sound like I might get some extra information in person that wouldn't be in the written report, but perhaps I am getting confused with something else - the Homebuyer's report maybe?

Thank you all for your help, sounds like there's no point in going along so I won't pursue it!

makeyourdaddyproud

Why are you trying to break convention? What do you hope to achieve by trying something most seasoned buyers don't do? Are you hoping for real-time feedback from the valuer/surveyor when they don't normally give out this info?

FWIW, I would be suspicious of someone doing this when it isn't mainstream.

pmlindyloo

vb1986 wrote: »

I'm not sure what has made my original post sound like I am trying to discover something that the valuer can't. My question was whether it is common for buyers to go along, whether I should go, and if so, what I should be asking. I think it's unfair to judge me as a nightmare buyer based on one post - I'm a first time buyer and just don't know how these things work.

My mortgage broker made it sound like I might get some extra information in person that wouldn't be in the written report, but perhaps I am getting confused with something else - the Homebuyer's report maybe?

Thank you all for your help, sounds like there's no point in going along so I won't pursue it!

I wonder if this might help you with your buying process - quite a clear explanation.

http://www.thisismoney.co.uk/money/mortgageshome/article-1583984/The-buying-and-selling-process.html