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Will house valuation during remortgage have any effects when I sell in a couple of years?
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user1168934
Posts: 565 Forumite
I am in the process of remortgaging my place. The valuation was done recently and I have just received the mortgage offer for the amount I was looking for. The only concern I have is that the property value in the offer is a considerably less than what I thought it should be (based on my research and valuation by two different estate agents). I have good equity so like I said I have still got the offer I was looking for with the same LTV band etc. The only concern I have is the house value. Is there any point challenging it?
In a couple of years time, when I come to sell this property, will this valuation figure have any effects?
(I personally think that it should not and that the market conditions at the time will decide. But I don't know much about these things ...)
In a couple of years time, when I come to sell this property, will this valuation figure have any effects?
(I personally think that it should not and that the market conditions at the time will decide. But I don't know much about these things ...)
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Nope. It won't.
It isn't recorded anywhere public.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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