Remortgaging - valuation

sanderella

I'm coming towards the end of my 2-year fixed rate period. The lender has advised me that they will get a new valuation of the property when I apply to switch to another fixed deal, to work out what they can offer.

I have been thinking about making some overpayments to achieve a lower LTV ratio at the point of remortgaging. But it's impossible to know what the LTV will be until the valuation is done!

Is there any way around this? Is there any reliable way to estimate the value of your own home, or could the valuation turn out to be wildly different from what it was 2 years previous depending on who does it?

Thanks for any advice.

Thrugelmir

Pretend to be selling and obtain 3 valuations from estate agents. This should provide a good indication as to the property's value.