Mortgage Valuation Report

Often mistaken for a survey, this is in fact a valuation report for your Lender to assess the suitability of the property for mortgage/loan purposes.  Whilst you may receive a courtesy copy of the report, reliance should never be placed on it as a basis for whether or not to proceed with your proposed purchase. A mortgage valuation may also be provided if you are seeking a further advance/additional loan, or if you are changing Lenders in mid term of the mortgage.