We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Can tenants get valuations?
GenerationRent
Posts: 1,779 Forumite
I'm thinking about buying the house I'm currently renting, but need to get a valuation to find out if it's within my reach price-wise.
Is there any reason that I cannot get a valuation on a property that I don't own? I assume I wouldn't be breaking any privacy laws if I did this without asking the owner first... I'd rather not inform the owner until I need to as I don't want them to use it as a sudden excuse to forget about maintenance work that needs to be done.
Is there any reason that I cannot get a valuation on a property that I don't own? I assume I wouldn't be breaking any privacy laws if I did this without asking the owner first... I'd rather not inform the owner until I need to as I don't want them to use it as a sudden excuse to forget about maintenance work that needs to be done.
Savings goal for 2015!
£12,899.66/£10,000
£8,487.85/£3,600 - 2014£12,899.66/£10,000
0
Comments
-
Go to Zoopla and see what similar properties in the area are selling for.
Then make your landlord an offer if appropriate.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
GenerationRent wrote: »I'd rather not inform the owner until I need to as I don't want them to use it as a sudden excuse to forget about maintenance work that needs to be done.
On the other hand, if the property is poorly maintained it will have a lower value.A kind word lasts a minute, a skelped erse is sair for a day.0 -
Zoopla prices are very unreliable. Check the Land Registry data on what similar properties have sold for in the area. It is also worth checking any that are on the market (although these figures are not so reliable as some EAs overvalue).0
-
Just get a couple of estate agents in to do a valuation - you don't need to mention that you are not in a position to sell the property.0
-
-
Many estate agents offer free valuations. If you feel ok about doing it there's nothing to stop you although it is probably slightly immoral to waste their time knowing you won't be using their services.
If you want a professional valuation there's nothing to stop you paying the £200 and hiring someone suitably qualified to do mortgage valuations.Changing the world, one sarcastic comment at a time.0 -
jonesMUFCforever wrote: »Won't they charge for this?
No, not usually. A lot of people will approach a number of estate agents when they want to sell a property, but will only proceed with one, if at all. I don't see it any different to getting a quote. Each estate agent will provide a valuation and take some measurements.
People think about selling and get an agent in and never go to market all the time for all sorts of reasons.0 -
EA cards offering free valuation through the door every week round our way.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.3K Banking & Borrowing
- 252.9K Reduce Debt & Boost Income
- 453.2K Spending & Discounts
- 243.3K Work, Benefits & Business
- 597.8K Mortgages, Homes & Bills
- 176.6K Life & Family
- 256.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards