My last valuation (with this Bank) is in May-13 (loan settled in July-13).
I plan to refinance using the same bank at the end of this (probably Nov-14).
Is that long enough to increase the valuation (perhaps due to significant increase from last year to this year)?
Any thought would be much appreciated.
Thanks.
Depends on the market/ area and if you can find 6 comparable sales that sold in the last 6 month.
It find it helps when we provide some of our own comparable sales to the bank/valuer at the very start.