Home buyers are often confused about their lenders valuation. Many still believe their valuation is a survey and is being done for their benefit. Increasingly, lenders take a risk-based approach and might well use an automated valuation mode;l which can result in nobody physically visiting the property. Independent research found that on average homebuyers spent £5,7 on unforeseen repairs when they moved into their new home.
City Mortgage Solutions are an Independent Mortgage, Life assurance and General Insurance broking company. Set up in July 2007 we were born out of the worst recession in decades, some say ever. This has given us a unique opportunity to focus our advice on client care and due diligence.
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