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Mortgage Offer valid but valuation expired
moatanas
Posts: 19 Forumite
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 ?
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 ?
0
Comments
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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.0 -
Apologies but dont know which lender is my buyer usingkingstreet said:Which lender?
EG - Halifax, valuations are automatically refreshed after six months.0
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