Mortgage Lender Property Issues Lending criteria – the type of property In an earlier blog it was mentioned that some types of property are deemed unacceptable by mortgage lenders. This is usually only a problem in fairly rare cases where...
Mortgage problemsThe most commonly encountered problems for home buyers relate to mortgage funding. There are two main areas where problems can arise and seriously hamper a house purchase – those relating to personal credit or income references (see below) and those...
The Importance Of ‘Buttering up’Achieving a successful purchase isn’t just about money and lawyers. Applying a little psychology can make a huge difference to whether a transaction succeeds or stumbles at one of the many hurdles along the way.So it’s...
Interpreting surveys Surveyors are sometimes regarded as the ‘Doctor Deaths’ of the property world, with barely a positive word to say. But it’s important to bear in mind that the surveyor’s job is to highlight defects and flag up future maintenance...
What type of surveyor? Surveyors come in assorted shapes and sizes. Anyone can call themselves a ‘surveyor’, a title that’s sometimes adopted by double-glazing salesmen for enhanced credibility. Qualified surveyors, however, are always the chartered variety...
If the mortgage valuer ‘downvalues’ your property it could blow the whole deal out of the water. Banks and Building Societies normally appoint chartered surveyors to carry out valuations for mortgage lending purposes. This is a crucial stage because...
By arranging your home survey directly online - rather than via a mortgage lender - you can save the large chunk of the survey fee that the banks normally keep. They may still want to instruct a valuer to carry out their mortgage valuation, but don’t let them try to sell you an expensive Homebuyer or Building Survey from one of the large, target-driven, corporate firms on their 'panel'.
Testimonials
"We would like to put on record how impressed we were by the service we received. Rightsurvey unfailingly followed up our enquiries and concerns, and Nick's advice on maintaining an older property is proving invaluable."
Peter Spink, Sheffield
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Rightsurvey is featured exclusively in the Haynes Period Property Manual and also in the best selling Haynes Victorian House and Home Extension Manuals.
