When you apply for a mortgage, your lender may ask for the expert advice of a RICS Valuer to help them decide whether the property you are buying is worth the money they are lending to you.
At SDL, we inspect properties on behalf of a range of national lending organisations for this purpose.
A mortgage valuation is not detailed enough to inform you about the condition of the property you are purchasing.
We recommend that you should always commission your own independent home survey. A survey will help you to understand the property’s state of repair and budget for any needed repair work.
A mortgage valuation is not a survey and is for the lender’s purposes only. A valuation report won’t point out structural problems that you may have to pay to fix further down the line.
Home surveys go into detail about the condition of a property, lists its defects, and tells you how to fix them. The level of detail is dependent on the type of property survey that you choose.
We specialise in valuing residential property for specific purposes such as Help To Buy repayment.
Please get in touch with our team below to discuss your requirements further.