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Mortgage Offer valid but valuation expired

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moatanas
moatanas Posts: 19 Forumite
Sixth Anniversary 10 Posts Combo Breaker
edited 11 February 2021 at 3:33PM in Mortgages & endowments
Hi ,

Just need some advice on what does this means.

My buyer solicitor is a nightmare. Just before we were due to exchange they come back and say that that buyer mortgage is still valid but the valuation has expired so they need a confirmation that the valuation can be extended in line with the offer expiry date.

Does it mean I am going to have another valuation survey ?

Comments

  • kingstreet
    kingstreet Posts: 39,265 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Which lender?
    EG - Halifax, valuations are automatically refreshed after six months.
    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.
  • Which lender?
    EG - Halifax, valuations are automatically refreshed after six months.
    Apologies but dont know which lender is my buyer using
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