Valuation for equity release

Get expert opinion. This is the place for new questions to be posted.
7 posts Page 1 of 1
 
 

fruitloop

User avatar
Posts: 59
Joined: Fri Nov 12, 2010 10:57 am
Location:

Post by fruitloop » Mon May 11, 2015 6:58 pm
Hi, I was just wondering how many valuations do we need to send off for equity release? I've obtained one so far from estate agent also an online valuation but I wondered if this would be acceptable.
 
 

winter_blues

User avatar
Posts: 538
Joined: Wed Sep 29, 2010 10:06 pm
Location: United Kingdom

Post by winter_blues » Mon May 11, 2015 7:15 pm
Hi, this will depend on exact wording in your proposal. I only have to submit one..

I would double check with your IVA firm but I would think these 2 would be OK.
Winter-Blues
 
 

Struzzo39

User avatar
Posts: 1820
Joined: Sun Jan 24, 2010 5:56 pm
Location: United Kingdom

Post by Struzzo39 » Mon May 11, 2015 7:24 pm
We was with Payplan and only had to supply one from an estate agent. Hope this helps
Steven & Debbie
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon May 11, 2015 8:09 pm
Two should suffice, but it should say in your proposal.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Helen.k

User avatar
Posts: 123
Joined: Tue Mar 31, 2015 3:45 am
Location:

Post by Helen.k » Tue May 12, 2015 12:08 pm
My IP had our valuation done (online), and we got one from a local estate agent and they did an average of both
getting there ....

Got there!!
IVA started 27/10/2010
final payment 27/10/2015
CC received 6/5/16
Off the register 5/8/16
 
 

fruitloop

User avatar
Posts: 59
Joined: Fri Nov 12, 2010 10:57 am
Location:

Post by fruitloop » Sun May 17, 2015 7:36 pm
Thank you all for your replies.
 
 

Lisa Thomas

User avatar
Industry Expert
Posts: 7759
Joined: Wed Dec 03, 2014 10:26 am

Post by Lisa Thomas » Mon May 18, 2015 12:05 pm
Your IP will let you know if they want more.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
7 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”