You need to check with your own IP as to costs. We allow around £100 plus VAT as an expense of the arrangement which is usually enough for a valuation. You will stuggle to get one mortgage offer never mind two and this could further damage your credit file so ask your IP if it is really necessary to go through a fruitless process.
£300 is high for a professional valuation. Tell the valuer you are after a forced sale valuation, otherwise they add a premium to allow wriggle room in sales negotiations.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I agree that it's a pointless exercise and my caseworker has referred to it as " going through the motions " but my I have to get 2 mortgage refusals in writing. Is this possible with a soft search on the credit files ?
I was hoping to speak to 2 banks, explain the situation and be refused there and then, hoping to get a very quick e mail of refusal as proof. I'm not intending to go through all the figures wasting their time and mine.
