- A CHAIN FREE® house with a RICS Surveyors Valuation is VAL FREE®.
- What VAL FREE® can do:
- BUYERS
- With VAL FREE® buyers have a RICS Surveyors Valuation already accepted by selected mortgage lenders (if upsizing, the buyer has time to find any additional finance required).
- Only have to satisfy the Financial Conduct Authority’s mortgage market review (MMR) rules (that they can afford to buy your house and that the mortgage suits their needs and circumstances).
- If the VAL FREE® mortgage lender responds promptly to their application they can have an “offered” mortgage within 10 days with valuation accepted and status checks complete (set up and ready to go).
- SELLERS
- With VAL FREE® sellers can sell their house to a buyer with a read-made mortgage offer.
- Do do not have to wait for their buyer to get a mortgage valuation (takes time).
- Can sell their house to a buyer with finance (the buyer is not in a chain).
- BUYERS
- See: How it Works
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.