Search results

Yep lenders will accept market valuation EVEN if it's higher than the purchase price as long as the contract was signed more than 12 month ago generally speaking. So possible to buy a place with no deposit- literally...Rare though so i wound't bet my money on it.

Bank can do a "on completion valuation" 6 month before completion just to get a general idea ( Some banks will do this up to 12-18 month ahead!) BUT they will still carry out a final valuation once it's completed... Always plan for the worst case scenario for OTP- Not just valuation but also...