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Valuation guide

Now that we've received your application for a later life mortgage, the next step is to value your home

When you take out a Lifetime Mortgage or a Retirement Interest Only Mortgage, you'll need to have your property valued by one of our independent valuers

Our mortgage valuations are carried out by an independent valuer who is a qualified and registered member of the Royal Institution of Chartered Surveyors. They will make an independent assessment of the value of your property and check for any problems that may mean it isn’t suitable for us.

The valuer will agree a convenient date and time to visit your property. This must be in daylight during normal working hours.

The valuer will need access to your property and your garden. They may also ask to see any garage or outbuilding and may need access to your loft space. The visit will usually take between 20 and 40 minutes to complete.

The valuer will record measurements, and take pictures of your property and may use equipment to test for dampness.

 

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Want to find out more?

We're happy to answer any questions you have about valuations, or any other queries about our later life mortgages

0121 221 2636

Monday to Friday 9:00am - 5.30pm
We may record and monitor calls.

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