FOR THE USE OF MORTGAGE INTERMEDIARIES & OTHER PROFESSIONALS ONLY
If your client would like to appeal a residential house purchase valuation, they must provide the following:
This includes sale price, date of completion, full address of the properties and name of estate agents who sold the properties. Also include details of how the properties compare with the subject property in terms of size, age and condition as well as the distance between them.
You will need to complete the
Mortgage valuation and rental appeals form. The completed form and supporting documentation should be emailed to
[email protected]. The email subject title must include the full property address and application ID.
If your client would like to appeal a residential house purchase property valuation, when no internal has taken place you will need to:
The completed form and supporting documentation should be emailed to your Business Development Manager who will put forward the request to authorise the valuation appeal.
If your client has commissioned a valuation within the last six months this may be used as supporting evidence, but comparable sale details are still needed.
We will not accept the use of a client’s own valuation (prepared by another valuer) in place of the one commissioned for our purposes.
For new build properties any evidence provided must be directly comparable. And, where ‘incentives’ have been provided by the house builder, these should be clearly documented.