How do your valuations work?
- Where the valuer confirms that specialist reports are required, Landbay will require the applicant to arrange for the reports to be sent to the valuer for comment. Please note that the specialist reports must be completed by the recognised contractors identified by Landbay or the surveyor.
- No monies will be released until essential repairs have been undertaken. Upon completion of the works, the original valuer will be required to re-inspect the property to confirm its suitability for mortgage purposes and provide a revised valuation figure where applicable.
- Valuations are usually valid for 180 days (Offers are valid for 90 days)