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Home buyer report and lender valuation
hounsehunterftb
Posts: 173 Forumite
Hello All,
I have two questions! Please do let us know if you could share your insights. Thanks for reading.
We got our valuation done yesterday and also ordered for our home-buyer report from the same surveyor who did the lender's valuation.
1. Would the surveyor give the same valuation to the lender for the house which we got in our home buyer survey?
2. The valuation is exactly equal to our offer price. And we have 10% deposit with 90% LTV. What are our chances of getting accepted for the mortgage? (Assuming our credit history and documentation is all great)
Thankfully its not lower but its exactly the same. Would the lender be sceptical to lend us 90% LTV for this property?
Sorry for blabbing! Any insights or experiences you could share would be helpful. Thank you!
Regards,
hounsehunterftb
I have two questions! Please do let us know if you could share your insights. Thanks for reading.
We got our valuation done yesterday and also ordered for our home-buyer report from the same surveyor who did the lender's valuation.
1. Would the surveyor give the same valuation to the lender for the house which we got in our home buyer survey?
2. The valuation is exactly equal to our offer price. And we have 10% deposit with 90% LTV. What are our chances of getting accepted for the mortgage? (Assuming our credit history and documentation is all great)
Thankfully its not lower but its exactly the same. Would the lender be sceptical to lend us 90% LTV for this property?
Sorry for blabbing! Any insights or experiences you could share would be helpful. Thank you!
Regards,
hounsehunterftb
Home buying yet again!! Fingers crossed!!
===============================
3 years ago ==> Completed!! PROUD homeowner from now on! :beer::beer::beer::beer:
===============================
3 years ago ==> Completed!! PROUD homeowner from now on! :beer::beer::beer::beer:
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