Ask The Experts

On most occasions the bank will instruct an independent surveyor to value the property and they will provide a figure which the mortgage lending will be based on. The surveyor may also use a desktop valuation process where the valuation is carried out electronically as opposed to physically. If you disagree with the figure, provided you can supply comparable evidence to show that very similar properties have sold for more recently (normally within the last 3 months) most lenders have an appeal process which can be followed.

We fully appreciate a lease extension may feel like an unnecessary outlay however with the right financial advice it will result in your property being more valuable when you come to sell it. We are able to link you with our financial services director, who will talk you through how you can finance this extension.

.

Yes, subject to status and valuation. We can put you in touch with a broker who is able to provide commercial or bridging finance. Start Financial Services are part of The Acorn Group, and have access to deals and rates not available in many other places.