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TFC - Valuation
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Hi guys
I currently have an application in with TML due to some adverse credit in the past. All paid and settled longer than 3 years ago.
I currently have an application in with TML due to some adverse credit in the past. All paid and settled longer than 3 years ago.
I am a first time buyer and I have successfully applied for HTB obviously on a new build property. My valuation was carried out last week. Today my MB called saying that there had been a mix up by the surveyor regarding a warranty issue from the developer. My MB contacted TML and they say that they accept this warranty. Has this Happened to anyone else??? I’m sorry, I tend to overthink EVERYTHING I just thought the valuation was one bit of the process that I didn’t need to worry about!!!
Thanks in advance
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@tjw22 Sorry it isn't clear what's happened here. Do you know the name of the warranty?
The lender will have a list of acceptable warranties and they will normally not go outside that list.
Afaik, Help2Buy requires there to be a warranty but relies on the lender to make sure that it is an "adequate" one.I am a Mortgage Adviser - 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.
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