A I B I C I D I E I F I G I H I i I J I K I L I M I N I O I P I Q I R I S I T I U I V I W I X I Y I Z
(V)
Valuation Fee : Whether purchasing or remortgaging the Lender undertakes a valuation of the property to ensure it provides adequate security. The charge is borne by the borrower and increases exponentially with the valuation/purchase price.
There are 3 levels of valuation: in order of increasing detail these are Basic, Homebuyer's Report, and structural survey. The more stringent the valuation, the higher the fee.
