Our clients in Peterborough and Market Deeping areas can breathe a sigh of relief that during the month long lockdown physical valuations will carry out as normal with stringent ,Covid-19 secure safety protocols in place.
To many homebuyers and remortgage clients it will come as a huge relief that the Government confirmed today they will allow for the valuations to continue, unless there are further changes in guidance.
Lenders can use desk modelling and automatic valuations where possible to clear the back log, however the need for physical valuations is still prevalent in the market, particularly with the new purchases.
''We are still experiencing considerable delays with mortgage processing from the lenders so it is good to know that the lack of physical valuations will not prevent our clients from fulfilling their dreams'' said Iwona Chodzicka, Haverfords' Independent Mortgage Adviser.
To many homebuyers and remortgage clients it will come as a huge relief that the Government confirmed today they will allow for the valuations to continue, unless there are further changes in guidance.
Lenders can use desk modelling and automatic valuations where possible to clear the back log, however the need for physical valuations is still prevalent in the market, particularly with the new purchases.
''We are still experiencing considerable delays with mortgage processing from the lenders so it is good to know that the lack of physical valuations will not prevent our clients from fulfilling their dreams'' said Iwona Chodzicka, Haverfords' Independent Mortgage Adviser.
