Just a quick question. We are just coming to the end of our first fixed deal in a few months and looking at potentially remortgaging. I am just wondering who decides on the current value of the property and how we find this out for mortgage purposes as we looking at new deals as this obviously affects the LTV?
We bought for £160k for 5 years ago and have done quite a bit of work on our place. A similar property next door has gone for £205k in the last few months so would expect the value to be around this now.
We bought for £160k for 5 years ago and have done quite a bit of work on our place. A similar property next door has gone for £205k in the last few months so would expect the value to be around this now.