Help to Buy Valuation Update
We provide valuations for Help to Buy redemption. This is where you are repaying your Help to Buy Equity Loan, usually due to remortgaging or moving home. The valuation provides Target HCA with the current Market Value of your property in order for them to calculate the amount repayable.
Over the last few weeks, we have introduced a new version of our Help to Buy Valuation report using CoreLogic software. Our surveyors are now fully trained on the new system which provides a professional report in a standardised format for all properties.
Our new report is designed to ensure that all the requirements set by Target HCA are included.
Once completed, we will send the report to both yourself and directly to Target HCA. Our aim is to have the report sent to Target within 24 hours of the inspection.
Managing Director, David Ellison, said of the new report “With more and more Help to Buy equity loans coming towards redemption and the need for a compliant RICS valuation of the property, with the help of CoreLogic, we have now trained our surveyors to complete the inspection and report on our tablet based software system. This gives the advantage of an RICS compliant report that matches Target HCA requirements and can be completed and submitted within one working day of the inspection. We hope that this change will further enhance the quality of service that we can offer to our clients”.
How to get a Help to Buy Valuation?
Contact our Admin Team via 01332 830202 (Option 2) or using our Contact Us form. We will ask you some basic details about yourself and the property, including your current Estimated Value or the Purchase Price agreed for your property. This will allow us to provide you with a quote and our anticipated booking date for the inspection. Following receipt of payment, we will be back in touch with you to book the inspection. Please note that we will need to carry out an internal inspection of the property.
Why choose Pinnacle Surveyors?
Valuers at Pinnacle Surveyors have extensive experience of carrying out Help to Buy Valuations and ensuring that our Valuation Reports meet Target HCA requirements. Our nationwide coverage ensures that the Valuation Report will be carried out by a local Valuer who has a detailed knowledge of the local property market. Our admin team will be in touch with you through every stage of the process, from initial contact through to sending the report to Target HCA so you don’t have to.
Please Note: We are unable to provide you with a Help to Buy Valuation if we have already carried out a Mortgage Valuation of your property for your current or proposed lender, as this is deemed a conflict of interest.