We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Halifax valuation desktop/physical valuation criteria?

Purely out of curiosity, does anyone know if there are set criteria that determine if Halifax do a desktop or physical house valuation? We have just submitted our application (existing customers porting & increasing amount for new property) 75% LTV, just wondered if anyone knows if there is a set criteria or if it is more of a case by case basis. Interested in hearing the experiences of others too. 
Thank you :smile:

Comments

  • amnblog
    amnblog Posts: 12,784 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Case by case, availability of valuers and information, loan to value, all plays a part
    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.
  • Thanks for replying.
    I wonder which we will get? Hopefully it wont make a difference either way. I'm expecting a physical valuation, not many similar houses have sold in the area, lots of  3 beds, the 4 beds rarely sell so not much to compare with. Time will tell. 
  • I had a desktop valuation and there wasn’t much to compare to in the area. The valuation came back fine even though I had to offer more than the asking price. 

    I’m having a full structural survey next week with valuation and rebuild cost next week. So we will see then.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.6K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.